WRAP
Income statement / Annual
Last year (2023), Wrap Technologies, Inc.'s total revenue was $6.13 M,
a decrease of 23.80% from the previous year.
In 2023, Wrap Technologies, Inc.'s net income was -$30.22 M.
See Wrap Technologies, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
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 |
$6.13 M |
$8.05 M |
$7.73 M |
$3.94 M |
$696,790.00 |
$23,150.00 |
$0.00 |
$0.00 |
| Cost of Revenue |
$3.23 M
|
$4.32 M
|
$5.73 M
|
$2.60 M
|
$420,016.00
|
$18,611.00
|
$6,661.00
|
$0.00
|
| Gross Profit |
$2.91 M
|
$3.73 M
|
$2.00 M
|
$1.34 M
|
$276,774.00
|
$4,539.00
|
-$6,661.00
|
$0.00
|
| Gross Profit Ratio |
0.47
|
0.46
|
0.26
|
0.34
|
0.4
|
0.2
|
0
|
0
|
| Research and Development Expenses |
$3.27 M
|
$5.08 M
|
$6.21 M
|
$2.79 M
|
$2.24 M
|
$734,776.00
|
$311,335.00
|
$260,693.00
|
| General & Administrative Expenses |
$17.21 M
|
$15.27 M
|
$19.21 M
|
$10.60 M
|
$6.06 M
|
$2.39 M
|
$451,865.00
|
$20,034.00
|
| Selling & Marketing Expenses |
$1.15 M
|
$1.11 M
|
$1.07 M
|
$1.03 M
|
$598,291.00
|
$219,702.00
|
$70,345.00
|
$500.00
|
| Selling, General & Administrative Expenses |
$18.36 M
|
$16.39 M
|
$20.28 M
|
$11.63 M
|
$6.65 M
|
$2.61 M
|
$522,210.00
|
$20,534.00
|
| Other Expenses |
$0.00
|
$224,000.00
|
$15,000.00
|
$414,000.00
|
-$3,306.00
|
-$409.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$21.63 M
|
$21.46 M
|
$26.49 M
|
$14.42 M
|
$8.89 M
|
$3.34 M
|
$833,545.00
|
$281,227.00
|
| Cost And Expenses |
$24.86 M
|
$25.78 M
|
$32.22 M
|
$17.02 M
|
$9.31 M
|
$3.36 M
|
$833,545.00
|
$281,227.00
|
| Interest Income |
$375,000.00
|
$52,000.00
|
$31,000.00
|
$83,000.00
|
$291,494.00
|
$2,912.00
|
$0.00
|
$0.00
|
| Interest Expense |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1,304.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$823,000.00
|
$863,000.00
|
$567,000.00
|
$285,105.00
|
$127,013.00
|
$21,875.00
|
$6,661.00
|
$1,574.00
|
| EBITDA |
-$17.90 M |
-$16.97 M |
-$23.88 M |
-$12.91 M |
-$8.57 M |
-$3.31 M |
-$826,884.00 |
-$279,653.00 |
| EBITDA Ratio |
-2.92
|
-2.11
|
-3.11
|
-3.27
|
-11.88
|
-143.12
|
0
|
0
|
| Operating Income Ratio |
-3.05
|
-2.2
|
-3.17
|
-3.32
|
-12.36
|
-144.17
|
0
|
0
|
| Total Other Income/Expenses Net |
-$11.50 M
|
$113,000.00
|
$46,000.00
|
$497,000.00
|
$288,188.00
|
$1,199.00
|
$0.00
|
$0.00
|
| Income Before Tax |
-$30.22 M
|
-$17.51 M
|
-$24.45 M
|
-$12.58 M
|
-$8.33 M
|
-$3.34 M
|
-$833,545.00
|
-$281,227.00
|
| Income Before Tax Ratio |
-4.93
|
-2.17
|
-3.16
|
-3.19
|
-11.95
|
-144.12
|
0
|
0
|
| Income Tax Expense |
$0.00
|
-$224,000.00
|
-$31,000.00
|
-$83,000.00
|
-$3,306.00
|
$895.00
|
-$5.00
|
$0.00
|
| Net Income |
-$30.22 M
|
-$17.28 M
|
-$24.42 M
|
-$12.50 M
|
-$8.32 M
|
-$3.34 M
|
-$833,545.00
|
-$281,227.00
|
| Net Income Ratio |
-4.93
|
-2.15
|
-3.16
|
-3.17
|
-11.94
|
-144.12
|
0
|
0
|
| EPS |
-0.72 |
-0.42 |
-0.62 |
-0.37 |
-0.29 |
-0.14 |
-0.0366 |
-0.0377 |
| EPS Diluted |
-0.72 |
-0.42 |
-0.62 |
-0.37 |
-0.29 |
-0.14 |
-0.0366 |
-0.0377 |
| Weighted Average Shares Out |
$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 |
$42.32 M
|
$41.17 M
|
$39.28 M
|
$33.85 M
|
$28.65 M
|
$23.58 M
|
$22.80 M
|
$7.47 M
|
| Link |
|
|
|
|
|
|
|
|
