# Lifeward Ltd. (LFWD)

**Exchange:** NASDAQ  
**Sector:** Healthcare  
**Market cap:** $8M  
**Price:** $7.07 (+1.26%)

> Lifeward Ltd. is a medical technology company specializing in solutions for physical rehabilitation and mobility. The company designs, develops, and markets wearable robotic exoskeletons that provide powered hip and knee motion, enabling individuals with spinal cord injuries to stand, walk, turn, and navigate stairs in clinical, home, and community settings. Lifeward’s portfolio extends beyond exoskeletons to include technologies such as anti-gravity treadmills, functional electrical stimulation systems, and soft exo-suits, all aimed at improving gait training, strength, and functional independence during recovery and long-term care. These products are used by rehabilitation hospitals, outpatient clinics, and patients at home, integrating into multidisciplinary therapy programs. Headquartered in Hudson, Massachusetts, Lifeward operates within the broader medical device and rehabilitation equipment sectors, serving neurologic, orthopedic, and general rehabilitation markets. The company plays a specialized role in enabling advanced, technology-assisted rehabilitation and mobility support for individuals with significant walking impairments.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $22M | $8M | -$17M | -$20M | $-17.16 |
| 2024 | $26M | $8M | -$20M | -$29M | $-39.96 |
| 2023 | $14M | $4M | -$24M | -$22M | $-2.59 |
| 2022 | $6M | $2M | -$19M | -$20M | $-2.20 |
| 2021 | $6M | $3M | -$13M | -$13M | $-1.89 |
| 2020 | $4M | $2M | -$12M | -$13M | $-5.74 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $23M | $14M | $8M | $2M | $1M |
| 2024 | $30M | $12M | $19M | $7M | $22,000 |
| 2023 | $63M | $17M | $47M | $28M | $607,000 |
| 2022 | $74M | $6M | $68M | $68M | $333,000 |
| 2021 | $95M | $5M | $89M | $88M | $418,000 |
| 2020 | $28M | $6M | $22M | $20M | $923,000 |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$20M | -$16,000 | -$17M |
| 2024 | -$32M | — | -$22M |
| 2023 | -$20M | -$81,000 | -$21M |
| 2022 | -$18M | -$25,000 | -$18M |
| 2021 | -$12M | -$47,000 | -$12M |
| 2020 | -$13M | -$73,000 | -$13M |

Source: [CompaniesByCap](https://companiesbycap.com/company/LFWD)