Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues-<1m<1m<1m<1m<1m<1m
% growth--3 %93 %23 %6 %13 %
EBITDA(1.6m)(3.4m)(4.8m)(4.9m)(6.2m)--
% EBITDA margin-(1205 %)(1620 %)(869 %)(886 %)--
Profit(1.2m)(3.7m)(5.0m)(6.7m)(6.9m)--
% profit margin-(1311 %)(1700 %)(1174 %)(991 %)--

Source: Dealroom estimates

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Recent News about Wandercraft

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More about Wandercraftinfo icon
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Wandercraft is a pioneering startup in the healthcare technology sector, specializing in advanced robotic exoskeletons for rehabilitation. The company’s flagship product, Atalante, is a self-balanced exoskeleton designed to emulate human walking. It features 12 actuated degrees of freedom and employs state-of-the-art dynamic walking algorithms to provide a natural gait experience. This technology is particularly beneficial for patients undergoing gait training, as it allows for hundreds of task-specific repetitions with minimal effort from both the patient and the therapist.

Wandercraft primarily serves healthcare providers, including hospitals, rehabilitation centers, and clinics that focus on physical therapy and rehabilitation. The market it operates in is the medical rehabilitation sector, which is growing due to increasing awareness of the benefits of advanced rehabilitation technologies and an aging population requiring more intensive care.

The business model of Wandercraft revolves around the sale and leasing of its exoskeletons to healthcare institutions. Additionally, the company offers training and support services to ensure that therapists and patients can effectively use the equipment. Revenue is generated through direct sales, leasing agreements, and service contracts.

Atalante is designed to maximize the efficacy of gait training by increasing the frequency, intensity, and duration of rehabilitation sessions. It minimizes setup and training time, making it intuitive and easy to use for both patients and therapists. This focus on ease of use and patient engagement helps healthcare providers optimize their rehabilitation programs, ultimately leading to better patient outcomes.

In summary, Wandercraft is revolutionizing the rehabilitation landscape with its innovative exoskeleton technology, providing significant benefits to both patients and healthcare providers.

Keywords: exoskeleton, rehabilitation, healthcare, gait training, Atalante, physical therapy, robotic technology, patient engagement, medical devices, therapy optimization.

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