ReWalk Robotics

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
Websiteir.rewalk.com

Latest Updates

Employees (est.) (Dec 2021)51(+5%)
Revenue (FY, 2021)$6 M(+36%)
Share Price (May 2022)$1(+9%)
Cybersecurity ratingBMore
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Key People/Management at ReWalk Robotics

Miri Pariente

Miri Pariente

Vice President of Operations, Regulatory and Quality
Jeannine Lynch

Jeannine Lynch

Vice President of Strategy and Market Access
Judy Kula

Judy Kula

Vice President of Customer Service, Human Resources and Business Affairs
Kathleen O'Donnell

Kathleen O'Donnell

Vice President of Marketing and New Business Development
David Hexner

David Hexner

Vice President of Research and Development
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

ReWalk Robotics's revenue was reported to be $5.97 m in FY, 2021
USD

Revenue (FY, 2021)

6.0m

Gross profit (FY, 2021)

3.2m

Net income (FY, 2021)

(12.7m)

EBITDA (FY, 2021)

(12.4m)

EBIT (FY, 2021)

(12.7m)

Market capitalization (13-May-2022)

59.5m

Closing stock price (13-May-2022)

1.0

Cash (31-Dec-2021)

88.3m

EV

(28.9m)
ReWalk Robotics's current market capitalization is $59.5 m.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

6.5m4.9m4.4m6.0m

Cost of goods sold

(3.3m)(1.8m)(1.9m)(2.8m)

Gross profit

3.3m3.0m2.5m3.2m

R&D expense

(7.3m)(5.3m)(3.5m)(2.9m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

1.6m877.0k1.2m760.0k1.7m747.0k1.3m1.4m2.0m

Cost of goods sold

(561.0k)(363.0k)(516.0k)(312.0k)(570.0k)(291.0k)(539.0k)(638.0k)(763.0k)

Gross profit

1.0m514.0k718.0k448.0k1.1m456.0k777.0k798.0k1.2m

R&D expense

(1.4m)(1.9m)(1.0m)(985.0k)(954.0k)(756.0k)(795.0k)(810.0k)(638.0k)
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

9.5m16.3m20.4m88.3m

Accounts Receivable

758.0k794.0k684.0k585.0k

Prepaid Expenses

526.0k564.0k639.0k542.0k

Inventories

2.2m3.1m3.5m3.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

8.9m24.1m20.4m16.6m14.1m18.1m67.4m64.2m91.2m

Accounts Receivable

1.1m417.0k572.0k726.0k1.1m715.0k498.0k779.0k1.3m

Prepaid Expenses

517.0k834.0k762.0k

Inventories

2.5m2.7m3.0m3.3m3.5m3.7m3.5m3.3m3.1m
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(21.7m)(15.6m)(13.0m)(12.7m)

Depreciation and Amortization

463.0k321.0k285.0k266.0k

Inventories

1.4m(1.2m)(469.0k)432.0k

Accounts Payable

492.0k370.0k(506.0k)(884.0k)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(4.0m)(8.6m)(12.0m)(3.8m)(6.7m)(10.0m)(3.1m)(6.2m)(8.9m)

Depreciation and Amortization

94.0k173.0k242.0k75.0k151.0k215.0k70.0k141.0k210.0k

Inventories

(238.0k)(421.0k)(828.0k)(267.0k)(382.0k)(634.0k)49.0k138.0k372.0k

Accounts Payable

238.0k399.0k625.0k79.0k(581.0k)(633.0k)(384.0k)(285.0k)(624.0k)
USDFY, 2018

Revenue/Employee

112.8k
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ReWalk Robotics Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021

Products

22333335555

Units Placed

851414177060

Personal Units Placed

821413125439

Rehabilitation Units Placed

315

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: 100.0% from MEDICAL INSTRUMENTS & MACHINES

ReWalk Robotics Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

ReWalk Robotics Online and Social Media Presence

Embed Graph

ReWalk Robotics News and Updates

ReWalk Robotics Reports First Quarter 2022 Financial Results

CMS Healthcare Common Procedure Coding System (HCPCS) Public Meeting Agenda includes the ReWalk Exoskeleton CMS Healthcare Common Procedure Coding System (HCPCS) Public Meeting Agenda includes the ReWalk Exoskeleton

ReWalk Robotics to Report First Quarter 2022 Financial Results on May 13, 2022

MARLBOROUGH, Mass. and BERLIN and YOKNEAM ILIT, Israel, May 09, 2022 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”) today announced that the Company will release its first quarter 2022 financial results on Friday, May 13, 2022, after the U.S. financial markets …

ReWalk Robotics Announces the Appointment of Joseph E. Turk, Jr. to their Board of Directors

Seasoned Medical Device professional brings 25 years of experience in commercializing novel technologies and in new business development Seasoned Medical Device professional brings 25 years of experience in commercializing novel technologies and in new business development

ReWalk Robotics Reports Fourth Quarter and Year End 2021 Financial Results

MARLBOROUGH, Mass. BERLIN and YOKNEAM ILIT, Israel, Feb. 24, 2022 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”) today announced its financial results for the three and twelve-months ended December 31, 2021.

ReWalk Robotics to Report Fourth Quarter 2021 Financial Results on February 24, 2022

MARLBOROUGH, Mass. and BERLIN and YOKNEAM ILIT, Israel, Feb. 21, 2022 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”) today announced that the Company will release its fourth quarter 2021 financial results on Thursday, February 24, 2022, before the U.S. financia…

Thinking about buying stock in Opendoor Technologies, Rewalk Robotics, Compugen, SoFi Technologies, or Lordstown Motors?

NEW YORK, Nov. 11, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for OPEN, RWLK, CGEN, SOFI, and RIDE. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
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ReWalk Robotics Blogs

ReWalk Robotics Confirms Receipt of Director Candidate Nominations from Creative Value Capital

Shareholders Are Not Required to Take Action at This Time MARLBOROUGH, Mass. and BERLIN and YOKNEAM ILIT, Israel , May 19, 2022 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”), a leading manufacturer of robotic medical technology for people with lower extremity

Topics in NeuroRehab Ep 29: Neuroplasticity – Adjusting Your Practice to Optimize Outcomes

Topics in NeuroRehabilitation: Episode 29. Kyle Whaley, BScPT, BPHE, CAFCI, Owner, Executive Director and practicing clinician at Propel Physiotherapy. Kyle graduated from Queen’s University Physical and Health Education Program in 1998 and began his career in strength and conditioning with an activ…

Quality of Life and Mental Health Improvements

An unfortunate reality after spinal cord injury is dependence on a wheelchair for mobility.1 A lifetime of wheelchair use however is associated with a sedentary lifestyle, a decrease in social participation as well as reduced Quality of Life (QoL). Dr. Van Nes and collogues believe that exoskeleton …

Managing Ankle Mobility to Optimize Stroke Gait Training with ReStore

Gait Training for Stroke Patients One of the impairments impacting the ambulatory ability of individuals recovering from stroke is a loss of propulsive force on the effected limb. The ReStore was designed with this in mind to improve paretic propulsion in individuals recovering from stroke by provid…

ReWalk Companions

What is a ReWalk Companion? ReWalk Companions are friends or family members who are trained along with our ReWalkers to help support them as they use their ReWalk Exoskeletons around their home or in the community. Hear from ReWalker Jack Larson as he discusses the value of having a ReWalk Companion…

Importance of Activity for Cardiovascular Health

This February 2022 we are celebrating the 57th American Heart Month and it is the perfect time to talk about the importance of cardiovascular health and fitness! Let’s Talk Cardiovascular Disease Physical inactivity in the general population has become an even greater problem since the initial outbr…
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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 Miri Pariente, Jeannine Lynch and Judy Kula.

  • How many employees does ReWalk Robotics have?

    ReWalk Robotics has 51 employees.

  • What is ReWalk Robotics revenue?

    Latest ReWalk Robotics annual revenue is $6 m.

  • What is ReWalk Robotics revenue per employee?

    Latest ReWalk Robotics revenue per employee is $117 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.