Wearable Devices Ltd. engages in developing a non-invasive neural input interface for controlling digital devices using subtle finger movements. The company offers Mudra Inspire development kits that enables users to control digital devices through finger movements and hand gestures. These digital devices include consumer electronics, smart watches, smartphones, augmented reality glasses, virtual reality headsets, televisions, personal computers and laptop computers, drones, robots, etc. It serves consumer electronics companies, industrial companies, information technology and software solutions providers, software development studios, and academia and research universities, as well as consumers from B2C market. The company was incorporated in 2014 and is based in Yokneam Illit, Israel.
General Outlook
When we look at how much money they make before expenses, they keep 0.778% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is -143.511%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -146.044%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust -0.586% return, is a testament to Wearable Devices Ltd.'s adeptness in optimizing resource deployment. Wearable Devices Ltd.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -1.219%. Furthermore, the proficiency of Wearable Devices Ltd. in capital utilization is underscored by a remarkable -0.641% return on capital employed.
Stock Prices
Wearable Devices Ltd.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $0.15, while its low point bottomed out at $0.14. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Wearable Devices Ltd.'s stock market.