Wearable Devices H1 FY26 net loss widens to USD 5.52 million; revenue rises to USD 350,000
Reuters2026/08/24 20:06Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Wearable Devices posted first-half revenue of USD 350,000, up 19.05% from a year earlier.
- Net loss widened to USD 5.52 million, or USD 3.5 per share.
- Operating loss deepened to USD 5.87 million.
- CEO Asher Dahan highlighted continued B2C momentum in Mudra Link and Mudra Band, while increasing investment in new initiatives.
- Updates included Mudra Studio launch, expanded Large MUAP Model work, new Mudra Pro and Mudra Ultimate architectures, and ai6 Labs acceleration.
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. Wearable Devices Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608241605PRIMZONEFULLFEED9815150) on August 24, 2026, and is solely responsible for the information contained therein.
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