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WRAP Financials WRAP TECHNOLOGIES, INC.

10 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 3.4% per year over the past 5 years.
  • Operating margin has expanded, at -288.6% in the latest year.

Financial health

  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-$30M -$11M $8M $0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-14417% -7180% 58% 0% 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$19M -$10M $0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $8M $17M 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$26M $6M $38M $0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $5M -$10M 57.8% -288.6% -$10M $3M
2024 $5M -$6M 54.7% -345.4% -$8M $4M
2023 $6M -$30M 47.4% -305.3% -$17M $4M
2022 $8M -$18M 46.4% -220.3% -$15M $5M
2021 $8M -$24M 25.8% -316.9% -$19M $5M
2020 $4M -$13M 34.1% -331.6% -$12M $17M
2019 $696790 -$8M 39.7% -1236.2% -$9M $17M
2018 $23150 -$3M 19.6% -14417.4% -$3M $12M
2017 $0 -$833545 -$868812 $3M
2016 -$234356 -$187428

Valuation over time

How the market has priced WRAP against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 17.6 35.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 0.1 0.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is WRAP growing its revenue and profit?

Over the past 5 years, WRAP TECHNOLOGIES, INC.'s revenue has grown 3.4% per year. These are computed facts, not advice.

How much debt does WRAP have?

As of FY2025, WRAP TECHNOLOGIES, INC. reported — of total debt against $3M of cash.

What is WRAP's profit margin?

In FY2025, gross margin was 57.8%, operating margin -288.6%, and net margin -221.2%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.