WRAP
Wrap Technologies, Inc.2.1900
-0.1500-6.41%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
112.89MP/E (TTM)
-Basic EPS (TTM)
-0.32Dividend Yield
0%Recent Filings
10-K
FY2025 results
Wrap Technologies posted FY2025 net loss of $10.3M, up from $5.9M in 2024 despite 15% gross revenue growth to $5.2M driven by 85% surge in technology-enabled services to $1.7M, though offset by $0.5M sales returns and 2% product sales dip to $3.5M. Gross margins expanded to 57.8% from 54.7% via cost discipline, while operating loss narrowed 13% to $13.5M on 98% R&D cut to $56K and flat SG&A. Q4 showed services momentum but lumpy international orders; backlog hit $209K. Cash at $3.5M post $10.5M financings; no debt. Lengthy government procurement cycles risk quarterly volatility.
8-K
Q4 revenue jumps 62%
Wrap Technologies reported Q4 2025 gross revenue up 62% to $1.4 million, with full-year revenue rising 15% to $5.2 million versus 2024. Technology-enabled services surged 85% post-W1 acquisition, while operating loss improved 13% to $(13.5) million amid 10% expense cuts. Momentum builds. Targets ~100% revenue growth in 2026 via Non-Lethal Response scaling, yet execution risks loom.
8-K
Wrap raises $5M private placement
Wrap Technologies closed a $5M private placement on February 3, 2026, issuing 1.7M common shares and pre-funded warrants for 800K shares at $2.00 each, plus common warrants for 2.5M shares at $2.30 exercisable five years. Cash bolsters working capital for manufacturing restart, R&D commercialization, and training expansion. Warrants cap ownership at 4.99% or 9.99%. Funds fuel non-lethal growth.
8-K
Stockholders approve share increases
Wrap Technologies' stockholders approved key charter and equity plan amendments at the December 12, 2025 annual meeting. They boosted authorized common shares from 150M to 200M, filed December 17, and added 4M shares to the 2017 Incentive Plan, totaling 20.5M. Stockholders re-elected all six directors. This expands equity incentive capacity.
10-Q
Q3 FY2025 results
Wrap Technologies posted Q3 net revenue of $1.5M, up 151% y/y from $0.6M despite $0.5M returns tied to go-to-market shifts; gross margin leaped to 59% from 40%. Product sales rocketed 302% y/y to $1.7M while managed services kicked off at $0.2M, yet operating loss narrowed to $2.8M from $3.6M on 6% lower opex. Cash swelled to $6.0M (up from $3.6M YE) via $10M financings including $4.5M Series B preferred; operating cash burn hit $7.6M YTD. No debt. One customer drove 93% of Q3 sales. Customer concentration lingers.
IPO
Website
Employees
Sector
Industry
AATC
Autoscope Technologies Corporat
6.18-0.01
EVLV
Evolv Technologies Holdings, In
6.86+0.10
LCTC
Lifeloc Technologies, Inc.
2.60+0.00
SOBR
SOBR Safe, Inc.
1.44-0.06
SVRE
SaverOne 2014 Ltd.
1.88-1.66
TRCK
Track Group, Inc.
0.30+0.00
TRMB
Trimble Inc.
80.50+0.33
VNT
Vontier Corporation
37.67+0.38
VTSI
VirTra, Inc.
4.50-0.01
XTRAF
XTRACT ONE TECHNOLOGIES INC.
0.46-0.02