Wrap Technologies, Inc. (WRAP) — Financial statements
Income statement, balance sheet, and cash flow for Wrap Technologies, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5↑3.7% | 5↓26.5% | 6↓23.8% | 8↑4.1% | 8 | |
| Cost of Revenue | 2↓3.4% | 2↓36.7% | 3↓25.2% | 4↓13.5% | 5 | |
| Gross Profit | 3↑9.5% | 2↓15.2% | 3↓22.2% | 4↑36.2% | 3 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.06↓97.6% | 2↓28.3% | 3↓35.7% | 5↓18.3% | 6 | |
| General & Administrative Expenses | 0.00↓100.0% | 13↓22.4% | 17↑12.7% | 15↓20.5% | 19 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 0.70↓38.8% | 1↑3.2% | 1↑4.2% | 1 | |
| SG&A Expenses | 16↑14.7% | 14↓23.4% | 18↑12.1% | 16↓19.2% | 20 | |
| Other Expenses | 0.00↓100.0% | 2 | 0.00↑100.0% | -0.00↓100.0% | 0.75 | |
| Operating Expenses | 16↓10.2% | 18↓16.6% | 22↑0.8% | 21↓21.2% | 27 | |
| Total Costs & Expenses | 18↓9.5% | 20↓19.2% | 25↓3.6% | 26↓20.0% | 32 | |
| Operating Results | ||||||
| Operating Income | -13↑13.4% | -16↑16.9% | -19↓5.6% | -18↑27.6% | -24 | |
| Depreciation & Amortization | 0.59↓28.2% | 0.83↑0.5% | 0.82↑8.0% | 0.76↑59.4% | 0.48 | |
| EBITDA | -13↑1.7% | -13↑26.8% | -18↓5.5% | -17↑27.1% | -23 | |
| EBIT | -13↑3.2% | -14↑25.6% | -19↓5.6% | -18↑25.3% | -24 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.01↓95.5% | 0.16↓58.4% | 0.38↑621.2% | 0.05↑67.7% | 0.03 | |
| Interest Income | 0.01↓95.5% | 0.16↓58.4% | 0.38↑621.2% | 0.05↑67.7% | 0.03 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | 0.00↑100.0% | -2 | 0.00 | 0.00↑100.0% | -0.75 | |
| Other Income / Expenses | 3↓67.5% | 10↑184.3% | -11↓10275.2% | 0.11↑145.7% | 0.05 | |
| Income Before Tax | -10↓75.9% | -6↑80.6% | -30↓71.5% | -18↑27.9% | -24 | |
| Income Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -10↓75.9% | -6↑80.6% | -30↓71.5% | -18↑27.9% | -24 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -10↓75.9% | -6↑80.6% | -30↓71.5% | -18↑27.9% | -24 | |
| Bottom-Line Net Income | -11↓58.4% | -7↑76.8% | -31↓73.8% | -18↑27.9% | -24 | |
| EPS (Basic) | -0.22↓37.5% | -0.16↑77.8% | -0.72↓71.4% | -0.42↑32.3% | -0.62 | |
| EPS (Diluted) | -0.22↓37.5% | -0.16↑77.8% | -0.72↓71.4% | -0.42↑32.3% | -0.62 | |
| Weighted Average Shares | 50↑10.5% | 46↑7.8% | 42↑2.8% | 41↑4.8% | 39 | |
| Weighted Average Diluted Shares | 50↑10.5% | 46↑7.8% | 42↑2.8% | 41↑4.8% | 39 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.