MediWound Ltd. 20-F: Financials and Management Changes
Ticker: MDWD · Form: 20-F · Filed: Mar 19, 2025 · CIK: 1593984
| Field | Detail |
|---|---|
| Company | Mediwound Ltd. (MDWD) |
| Form Type | 20-F |
| Filed Date | Mar 19, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, management-changes, sec-filing
TL;DR
MediWound's 20-F is out: check financials, including bank deposits and inventory write-downs, plus management shake-ups.
AI Summary
MediWound Ltd. filed its 20-F for the fiscal year ending December 31, 2024. The filing details financial information, including restricted bank deposits with interest rates between 5.45%-6.39% for 2024 and a write-down of $216 in finished goods. The company also reported one-time expenses of $309 in 2022 related to management changes and bonus payments of $120 in December 2022 for marketing approval in the United States.
Why It Matters
This filing provides investors with a comprehensive overview of MediWound's financial health and operational changes over the past fiscal year, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The filing mentions management changes and one-time expenses, indicating potential instability or significant strategic shifts within the company.
Key Numbers
- 5.45%-6.39% — Interest Rate on Deposits (Annual interest for restricted bank deposits in 2024.)
- $216 — Finished Goods Write-down (Amount written down for finished goods as of December 31, 2024.)
- $309 — One-time Expenses (Expenses incurred in 2022 related to management changes.)
Key Players & Entities
- MediWound Ltd. (company) — Filer of the 20-F
- December 31, 2024 (date) — Fiscal year end
- 2023 (date) — Reference year for financial data and management changes
- $216 (dollar_amount) — Write-down in finished goods as of December 31, 2024
- $326 (dollar_amount) — Write-down in finished goods as of December 31, 2023
- $309 (dollar_amount) — One-time expenses in 2022 for management changes
- $120 (dollar_amount) — One-time bonus payment in December 2022
- Chief Medical Officer (person) — Recipient of a bonus payment
FAQ
What is the primary purpose of the restricted bank deposits mentioned in the filing?
The restricted bank deposits are primarily used as security for the Company's office leases.
What was the total amount of one-time expenses related to management changes in 2022?
One-time expenses amounted to $309 for the year ended December 31, 2022, associated with management changes.
When was the bonus payment to the Chief Medical Officer approved and recorded?
The bonus payment of $120 was approved in December 2007 and recorded in profit and loss in December 2022 upon achieving marketing approval in the United States.
How many key officers did MediWound Ltd. have at the end of 2023?
At the end of 2023, the total key officers consisted of six officers.
What was the write-down amount for finished goods as of December 31, 2024?
Finished goods include a write-down of $216 as of December 31, 2024.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on March 19, 2025 by Chief Medical Officer regarding MediWound Ltd. (MDWD).