WRAP
Income statement / Annual
Last year (2024), Wrap Technologies, Inc.'s total revenue was $4.51 M,
a decrease of 26.51% from the previous year.
In 2024, Wrap Technologies, Inc.'s net income was -$5.88 M.
See Wrap Technologies, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$4.51 M |
$6.13 M |
$8.05 M |
$7.73 M |
$3.94 M |
$696.79 K |
$23.15 K |
$0.00 |
$0.00 |
| Cost of Revenue |
$2.04 M
|
$3.23 M
|
$4.32 M
|
$4.99 M
|
$2.60 M
|
$420.02 K
|
$18.61 K
|
$6.66 K
|
$0.00
|
| Gross Profit |
$2.47 M
|
$2.91 M
|
$3.73 M
|
$2.74 M
|
$1.34 M
|
$276.77 K
|
$4.54 K
|
-$6.66 K
|
$0.00
|
| Gross Profit Ratio |
0.55
|
0.47
|
0.46
|
0.35
|
0.34
|
0.4
|
0.2
|
0
|
0
|
| Research and Development Expenses |
$2.34 M
|
$3.27 M
|
$5.08 M
|
$6.21 M
|
$2.79 M
|
$2.24 M
|
$734.78 K
|
$311.34 K
|
$260.69 K
|
| General & Administrative Expenses |
$13.35 M
|
$17.21 M
|
$15.27 M
|
$19.21 M
|
$10.60 M
|
$0.00
|
$2.39 M
|
$451.87 K
|
$20.03 K
|
| Selling & Marketing Expenses |
$704.00 K
|
$1.15 M
|
$1.11 M
|
$1.07 M
|
$1.03 M
|
$0.00
|
$219.70 K
|
$70.35 K
|
$500.00
|
| Selling, General & Administrative Expenses |
$14.06 M
|
$18.36 M
|
$16.39 M
|
$20.28 M
|
$11.63 M
|
$6.65 M
|
$2.61 M
|
$522.21 K
|
$20.53 K
|
| Other Expenses |
$1.63 M
|
$0.00
|
-$1.00
|
$747.00 K
|
$0.00
|
$0.00
|
-$409.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$18.03 M
|
$21.63 M
|
$21.46 M
|
$27.24 M
|
$14.42 M
|
$8.89 M
|
$3.34 M
|
$833.55 K
|
$281.23 K
|
| Cost And Expenses |
$20.07 M
|
$24.86 M
|
$25.78 M
|
$32.22 M
|
$17.02 M
|
$9.31 M
|
$3.36 M
|
$833.55 K
|
$281.23 K
|
| Interest Income |
$156.00 K
|
$375.00 K
|
$52.00 K
|
$31.00 K
|
$83.00 K
|
$291.49 K
|
$2.91 K
|
$0.00
|
$0.00
|
| Interest Expense |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1.30 K
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$827.00 K
|
$823.00 K
|
$762.00 K
|
$478.00 K
|
$163.00 K
|
$127.01 K
|
$21.88 K
|
$6.66 K
|
$1.57 K
|
| EBITDA |
-$13.11 M |
-$17.90 M |
-$16.97 M |
-$23.27 M |
-$12.91 M |
-$8.20 M |
-$3.31 M |
-$826.88 K |
-$279.65 K |
| EBITDA Ratio |
-2.91
|
-2.92
|
-2.11
|
-3.01
|
-3.27
|
-11.77
|
-143.12
|
0
|
0
|
| Operating Income Ratio |
-3.45
|
-3.05
|
-2.2
|
-3.17
|
-3.32
|
-12.36
|
-144.17
|
0
|
0
|
| Total Other Income/Expenses Net |
$9.69 M
|
-$11.50 M
|
$113.00 K
|
$46.00 K
|
$497.00 K
|
$288.19 K
|
$1.20 K
|
$0.00
|
$0.00
|
| Income Before Tax |
-$5.88 M
|
-$30.22 M
|
-$17.62 M
|
-$24.45 M
|
-$12.58 M
|
-$8.33 M
|
-$3.34 M
|
-$833.55 K
|
-$281.23 K
|
| Income Before Tax Ratio |
-1.3
|
-4.93
|
-2.19
|
-3.16
|
-3.19
|
-11.95
|
-144.12
|
0
|
0
|
| Income Tax Expense |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$895.00
|
-$5.00
|
$0.00
|
| Net Income |
-$5.88 M
|
-$30.22 M
|
-$17.62 M
|
-$24.45 M
|
-$12.58 M
|
-$8.33 M
|
-$3.34 M
|
-$833.55 K
|
-$281.23 K
|
| Net Income Ratio |
-1.3
|
-4.93
|
-2.19
|
-3.16
|
-3.19
|
-11.95
|
-144.12
|
0
|
0
|
| EPS |
-0.16 |
-0.72 |
-0.42 |
-0.62 |
-0.37 |
-0.29 |
-0.14 |
-0.0366 |
-0.0377 |
| EPS Diluted |
-0.16 |
-0.72 |
-0.42 |
-0.62 |
-0.37 |
-0.29 |
-0.14 |
-0.0366 |
-0.0377 |
| Weighted Average Shares Out |
$45.62 M
|
$42.32 M
|
$41.17 M
|
$39.28 M
|
$33.85 M
|
$28.65 M
|
$23.58 M
|
$22.80 M
|
$7.47 M
|
| Weighted Average Shares Out Diluted |
$45.62 M
|
$42.32 M
|
$41.17 M
|
$39.28 M
|
$33.85 M
|
$28.65 M
|
$23.58 M
|
$22.80 M
|
$7.47 M
|
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