Sofwave Q2 FY26 IFRS net income rises 65.46% to USD 2.51 million; revenue increases 43% to USD 30 million
Reuters2026/08/04 12:31Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Sofwave posted Q2 2026 revenue of USD 30 million, up 43% year over year; IFRS net income rose to USD 2.5 million.
- IFRS gross margin edged up 1 percentage point to 76.5%.
- Recurring usage fee revenue climbed 52.2% to USD 13.9 million, representing 46% of total revenue.
- First-half revenue increased 44% to USD 54.4 million; IFRS net income rose to USD 3.8 million.
- Cash and cash equivalents totaled USD 38.8 million at June 30; about 3,100 systems sold to date, with more than 975,000 treatments administered.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sofwave Medical Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608040830PRIMZONEFULLFEED9802675) on August 04, 2026, and is solely responsible for the information contained therein.
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