Dec 31, 2024

Ekso Bionics Q4 2024 Earnings Report

Expected Revenue:$5.05M
+5.9% YoY
Expected EPS:-$0.07
+36.4% YoY

Key Takeaways

Ekso Bionics reported a record Q4 revenue of $5.1 million, a 5% increase compared to the same period in 2023. The company's gross profit increased by 15% to $2.7 million, with a gross margin of approximately 53%. Net loss for the quarter was $3.4 million, or $0.14 per share.

Record Q4-2024 revenue of $5.1 million

Gross profit increased 15% compared to Q4 2023

Gross margin improved to approximately 53%

National Seating & Mobility named exclusive Ekso Indego® Personal device distributor

Gross Profit
$2.7M
Previous year: $2.4M
+12.5%
Cash and Equivalents
$6.5M
Previous year: $8.6M
-24.4%

Ekso Bionics

Ekso Bionics

Forward Guidance

The Company's focus will be on aggressively executing two key pillars of its growth strategy: (1) broadening patient access to Ekso Indego® Personal and building upon our growing CMS claim pipeline for the device; and (2), further bolstering demand for our legacy EksoNR device.