OverviewSuggest Edit

Rewalk Robotics is a medical device company that designs, develops, and commercializes a walking system for people with lower limb disabilities. Its products include ReWalk Rehabilitation System and ReWalk Personal System. ReWalk Rehabilitation System allows walking, standing, sitting and the capacity to ascend/descend stairs in the rehab center environment. The ReWalk Personal System is designed for everyday use in a range of environments. It allows sitting, standing, and turning as well as offers the ability to climb and descend stairs.

TypePublic
Founded2001
HQMarlborough, MA, US
Websiterewalk.com

Latest Updates

Employees (est.) (Dec 2019)50(-13%)
Revenue (FY, 2020)$4.4 M(-9%)
Share Price (Jun 2021)$1.8
Cybersecurity ratingAMore

Key People/Management at ReWalk Robotics

Larry Jasinski

Larry Jasinski

CEO, Director
Ori Gon

Ori Gon

Chief Financial Officer
Andy Dolan

Andy Dolan

Vice President of Marketing and Reimbursement
Miri Pariente

Miri Pariente

Vice President of Operations, Regulatory and Quality
Judy Kula

Judy Kula

Vice President of Customer Service, Human Resources and Business Affairs
Randel Richner

Randel Richner

Director
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ReWalk Robotics Office Locations

ReWalk Robotics has offices in Marlborough, Berlin and Yokne'am Illit
Marlborough, MA, US (HQ)
200 Donald Lynch Blvd, Marlborough
Berlin, DE
15 Leipziger Pl.
Yokne'am Illit, IL
3 HaTnufa St
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ReWalk Robotics Financials and Metrics

ReWalk Robotics Revenue

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ReWalk Robotics's revenue was reported to be $4.39 m in FY, 2020
USD

Revenue (Q1, 2021)

1.3m

Gross profit (Q1, 2021)

707.0k

Gross profit margin (Q1, 2021), %

53.7%

Net income (Q1, 2021)

(3.1m)

EBIT (Q1, 2021)

(3.0m)

Market capitalization (4-Jun-2021)

80.7m

Closing stock price (4-Jun-2021)

1.8

Cash (31-Mar-2021)

67.4m

EV

14.7m
ReWalk Robotics's current market capitalization is $80.7 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

5.9m7.8m6.5m4.9m4.4m

Revenue growth, %

57%32%(16%)

Cost of goods sold

5.1m4.7m3.7m2.1m2.2m

Gross profit

736.0k3.1m2.8m2.7m2.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Revenue

2.5m2.0m1.7m1.6m1.8m1.6m1.6m877.0k1.2m760.0k1.7m1.3m

Cost of goods sold

1.5m1.3m1.0m897.0k1.0m855.0k655.0k442.0k585.0k387.0k646.0k609.0k

Gross profit

1.0m741.0k708.0k682.0k767.0k762.0k926.0k435.0k649.0k373.0k1.0m707.0k

Gross profit Margin, %

42%37%41%43%43%47%59%50%53%49%61%54%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

23.7m14.6m9.5m20.4m

Accounts Receivable

1.3m1.1m758.0k684.0k

Prepaid Expenses

1.3m1.6m693.0k672.0k

Inventories

3.3m3.6m2.2m3.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Cash

17.1m16.3m12.9m8.8m9.1m5.2m8.9m24.1m20.4m16.6m14.1m67.4m

Accounts Receivable

1.4m1.1m1.3m1.6m1.9m1.2m1.1m417.0k572.0k726.0k1.1m498.0k

Prepaid Expenses

1.4m1.3m1.7m2.0m1.2m1.2m982.0k1.4m1.2m1.3m1.1m517.0k

Inventories

3.0m3.4m3.5m3.5m3.0m2.5m2.5m2.7m3.0m3.3m3.5m3.5m
USDFY, 2016

Revenue/Employee

62.4k

Debt/Equity

2.2 x

Debt/Assets

0.6 x

Financial Leverage

3.8 x
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ReWalk Robotics Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Units Placed

11937311610723212285141417

Personal Units Placed

10936301510322212182141312

Rehabilitation Units Placed

10111411315

Personal Units Placed to Date

214317399
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ReWalk Robotics Acquisitions / Subsidiaries

Company NameDateDeal Size
ReWalk Robotics GmbH
ReWalk Robotics, Inc.

ReWalk Robotics Revenue Breakdown

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ReWalk Robotics revenue breakdown by business segment: 95.9% from Personal Units and 4.1% from Other

ReWalk Robotics revenue breakdown by geographic segment: 42.9% from Europe, 54.4% from United States and 2.8% from Other

ReWalk Robotics Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

ReWalk Robotics Online and Social Media Presence

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ReWalk Robotics News and Updates

ReWalk Robotics to Report First Quarter 2021 Financial Results on May 11, 2021

MARLBOROUGH, Mass. and BERLIN and YOKNEAM ILIT, Israel, May 07, 2021 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”) today announced that the Company will release its first quarter 2021 financial results on Tuesday, May 11, 2021, before the U.S. financial market…

ReWalk Robotics Reports Fourth Quarter and Year End 2020 Financial Results

— Annual revenue of $4.4 million in 2020 and $1.2 million for the fourth quarter of 2020 —

ReWalk Robotics Announces $8.0 Million Private Placement Priced At-the-Market

MARLBOROUGH, Mass. and BERLIN and YOKNEAM ILIT, Israel, Dec. 03, 2020 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”), today announced that it has entered into securities purchase agreements with certain institutional and other accredited investors to raise $8.0…

Advanced Robotic Prosthetic Market Driven By SynTouch Touch Bionics, ReWalk Robotics, Shadow Robot Company, HDT Global

The Advanced Robotic Prosthetic Market is segmented on the basis of Products, technology, application and end user. On basis of products it is divided as, prosthetic arms, prosthetic feet/ankles, prosthetic legs/knees, prosthetic hands, and others. On basis of technology it is categorized as, prosth…

ReWalk Robotics to Present at the H.C. WAINWRIGHT 6th Annual Israel Virtual Conference on November 12th, 2020

MARLBOROUGH, Mass. and BERLIN and YOKNEAM ILIT, Israel, Nov. 09, 2020 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (“ReWalk” or the “Company”) (Nasdaq: RWLK) today announced that Larry Jasinski, Chief Executive Officer, Ori Gon Chief Financial Officer and Andy Dolan, VP Marketing and Reimbursement wil…

ReWalk Robotics to Report Third Quarter 2020 Financial Results on November 10, 2020

MARLBOROUGH, Mass. BERLIN, Germany and YOKNEAM ILIT, Israel, Nov. 06, 2020 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”) today announced that the Company will release its third quarter 2020 financial results on Tuesday, November 10, 2020, before the U.S. finan…
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ReWalk Robotics Blogs

Transcutaneous Spinal Cord Stimulation for Gait Training After SCI

What’s new in the world of Spinal Cord Stimulation research? Watch this month’s episode of Topics in NeuroRehabilitation to hear from Dr. Rebecca Martin, OTR/L, OTD from the International Center for Spinal Cord Injury at the Kennedy Krieger Institute as she discusses recent research examining the us…

Robotics for High Intensity Rehabilitation

How many steps per day do patients typically take in locomotor training programs? (Hint: not as many as we would like!) Hear from Dr. Esquenazi, CMO of MossRehab, as he discusses the key principles and limitations of traditional locomotor training programs in neurorehabilitation, and the reasons he …

Improving Balance After SCI

A spinal cord injury frequently results in a loss of core and postural muscle control, leaving many therapists and their patients looking for ways to help improve balance after SCI. After an injury people need to re-learn how to use their remaining innervated muscles for postural control to maintain…

Pathway to Personal Exoskeleton Ownership

Do you have clients with spinal cord injuries who would benefit from access to a personal exoskeleton, but aren’t sure how to help them “take the next step”? Hear from Kathryn Vaughn, PT, DPT, as she talks through the pathway to personal exoskeleton ownership for individuals with spinal cord injury …

ReWalk Personal Exoskeleton Training Expectations

What does it take to learn how to walk again? At their first clinic day, it can be challenging for future ReWalkers to know what to expect. We asked one of our expert ReWalkers, Derek Herrera to reflect on his early training experiences with the ReWalk Personal Exoskeleton to help future walkers bet…

How to Prepare for a ReStore Demo Day at Your Clinic

We have scheduled a ReStore demonstration/clinic day at our facility. What can my clinical team do to prepare, and what should we tell our patients to expect? While each demo day may be different depending on the needs and goals of your facility, here are a few things to keep in mind: Patient Select…
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ReWalk Robotics Frequently Asked Questions

  • When was ReWalk Robotics founded?

    ReWalk Robotics was founded in 2001.

  • Who are ReWalk Robotics key executives?

    ReWalk Robotics's key executives are Larry Jasinski, Ori Gon and Andy Dolan.

  • How many employees does ReWalk Robotics have?

    ReWalk Robotics has 50 employees.

  • What is ReWalk Robotics revenue?

    Latest ReWalk Robotics annual revenue is $4.4 m.

  • What is ReWalk Robotics revenue per employee?

    Latest ReWalk Robotics revenue per employee is $87.9 k.

  • Who are ReWalk Robotics competitors?

    Competitors of ReWalk Robotics include Bioness, AlterG and Parker Hannifin.

  • Where is ReWalk Robotics headquarters?

    ReWalk Robotics headquarters is located at 200 Donald Lynch Blvd, Marlborough, Marlborough.

  • Where are ReWalk Robotics offices?

    ReWalk Robotics has offices in Marlborough, Berlin and Yokne'am Illit.

  • How many offices does ReWalk Robotics have?

    ReWalk Robotics has 3 offices.