Mazor Robotics Ltd.

CONSOLIDATED STATEMENT OF INCOME

(U.S. Dollars in thousands, except per share data)

Three month period

ended March 31,

2018

(Unaudited)

2017

(Unaudited)

Revenue

$

15,507

$

11,719

Cost of revenue

$

6,465

$

4,149

Gross profit

$

9,042

$

7,570

Operating costs and expenses:

Research and development, net

$

2,387

$

1,792

Selling and marketing

$

6,081

$

9,893

General and administrative

$

2,022

$

1,571

Total operating costs and expenses

$

10,490

$

13,256

Loss from operations

$

(1,448)

$

(5,686)

Financing income, net

$

172

$

211

Loss before taxes on income

$

(1,276)

$

(5,475)

Income tax expense (benefit)

$

1

$

(243)

Net loss

$

(1,277)

$

(5,232)

Net loss per share - Basic and diluted

$

(0.02)

$

(0.11)

Weighted average common shares
outstanding - Basic and diluted

52,367

47,750