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Wrap Technologies, Inc. (WRAP) 10-Year Financial Performance & Capital Metrics

WRAP • • Industrial / General
TechnologyTech Hardware & EquipmentCommunications & Defense ElectronicsSpecialized Safety & Security Systems
AboutWrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company develops BolaWrap 150, a hand-held remote restraint device that discharges a Kevlar cord to restrain noncompliant individuals from a range of 10-25 feet. It operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 2016 and is based in Tempe, Arizona.Show more
  • Revenue $5M -26.5%
  • EBITDA -$15M +17.6%
  • Net Income -$6M +80.6%
  • EPS (Diluted) -0.16 +77.8%
  • Gross Margin 54.69% +15.4%
  • EBITDA Margin -327.05% -12.1%
  • Operating Margin -345.4% -13.1%
  • Net Margin -130.35% +73.5%
  • ROE -344.27% -72.1%
  • ROIC -7054.53% -5808.5%
  • Debt/Equity 8.78 +1114.9%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 92 (top 8%)
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 45.3%
  • ✓Trading near 52-week high

✗Weaknesses

  • ✗High debt to equity ratio of 8.8x
  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Expensive at 565.7x book value
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y45.26%
3Y-16.45%
TTM-2.32%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM16.13%

EPS CAGR

10Y-
5Y-
3Y-
TTM24.55%

ROCE

10Y Avg-110.89%
5Y Avg-142.92%
3Y Avg-206.37%
Latest-451.94%

Peer Comparison

Specialized Safety & Security Systems
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
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Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SOBRSOBR Safe, Inc.3.53M1.87-0.0135.25%-22.64%-138.17%0.03
SVRESaverOne 2014 Ltd1.3M1.44-0.96-38.13%-22.69%-248.22%0.70
WRAPWrap Technologies, Inc.159.8M3.10-19.38-26.51%-338.45%-99.02%8.78
SVREWSaverOne 2014 Ltd0.01-38.13%-18.76%-139.13%0.70

Profit & Loss

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+0023.15K696.79K3.94M7.73M8.05M6.13M4.51M
Revenue Growth %---29.1%4.66%0.96%0.04%-0.24%-0.27%
Cost of Goods Sold+06.66K18.61K420.02K2.6M4.99M4.32M3.23M2.04M
COGS % of Revenue--0.8%0.6%0.66%0.65%0.54%0.53%0.45%
Gross Profit+0-6.66K4.54K276.77K1.34M2.74M3.73M2.91M2.46M
Gross Margin %--0.2%0.4%0.34%0.35%0.46%0.47%0.55%
Gross Profit Growth %--1.68%59.98%3.85%1.04%0.36%-0.22%-0.15%
Operating Expenses+281.23K833.54K3.34M8.89M14.42M27.24M21.46M21.63M18.03M
OpEx % of Revenue--144.37%12.76%3.66%3.52%2.67%3.53%4%
Selling, General & Admin20.53K522.21K2.61M6.65M11.63M20.28M16.39M18.36M14.06M
SG&A % of Revenue--112.63%9.55%2.95%2.62%2.04%2.99%3.12%
Research & Development260.69K311.33K734.78K2.24M2.79M6.21M5.08M3.27M2.34M
R&D % of Revenue--31.74%3.21%0.71%0.8%0.63%0.53%0.52%
Other Operating Expenses00-40900747K-101.63M
Operating Income+-281.23K-833.54K-3.34M-8.61M-13.08M-24.5M-17.73M-18.72M-15.57M
Operating Margin %---144.17%-12.36%-3.32%-3.17%-2.2%-3.05%-3.45%
Operating Income Growth %--1.96%-3%-1.58%-0.52%-0.87%0.28%-0.06%0.17%
EBITDA+-279.65K-826.88K-3.32M-8.49M-12.91M-24.02M-16.97M-17.9M-14.74M
EBITDA Margin %---143.23%-12.18%-3.27%-3.11%-2.11%-2.92%-3.27%
EBITDA Growth %--1.96%-3.01%-1.56%-0.52%-0.86%0.29%-0.05%0.18%
D&A (Non-Cash Add-back)1.57K6.66K21.88K127.01K163K478K762K823K827K
EBIT-281.23K-833.54K-3.34M-8.33M-13.08M-23.75M-17.73M-18.72M-13.94M
Net Interest Income+001.61K291.49K83.27K31K52K375K156K
Interest Income002.91K291.49K83K31K52K375K156K
Interest Expense001.3K000000
Other Income/Expense001.2K288.19K497K46K113K-11.5M9.69M
Pretax Income+-281.23K-833.54K-3.34M-8.33M-12.58M-24.45M-17.62M-30.22M-5.88M
Pretax Margin %---144.12%-11.95%-3.19%-3.16%-2.19%-4.93%-1.3%
Income Tax+0-5895000000
Effective Tax Rate %1%1%1%1%1%1%1%1%1%
Net Income+-281.23K-833.54K-3.34M-8.33M-12.58M-24.45M-17.62M-30.22M-5.88M
Net Margin %---144.12%-11.95%-3.19%-3.16%-2.19%-4.93%-1.3%
Net Income Growth %--1.96%-3%-1.5%-0.51%-0.94%0.28%-0.72%0.81%
Net Income (Continuing)-281.23K-833.54K-3.34M-8.33M-12.58M-24.45M-17.62M-30.22M-5.88M
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)+-0.04-0.04-0.14-0.29-0.37-0.62-0.42-0.72-0.16
EPS Growth %-0.03%-2.83%-1.07%-0.28%-0.68%0.32%-0.71%0.78%
EPS (Basic)-0.04-0.04-0.14-0.29-0.37-0.62-0.42-0.72-0.16
Diluted Shares Outstanding7.47M22.8M23.58M28.65M33.85M39.28M41.17M42.32M45.62M
Basic Shares Outstanding7.47M22.8M23.58M28.65M33.85M39.28M41.17M42.32M45.62M
Dividend Payout Ratio---------

Balance Sheet

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+283.37K3.23M12.64M19.67M46.93M41.21M26.86M21.23M10.47M
Cash & Short-Term Investments255.07K3.08M12.36M16.98M41.64M34.92M19.28M11.46M3.61M
Cash Only255.07K3.08M12.36M16.98M16.65M4.94M5.33M3.96M3.61M
Short-Term Investments000024.99M29.98M13.95M7.5M0
Accounts Receivable0-11.45K4.4K195.35K1.87M3.86M2.83M3.02M513K
Days Sales Outstanding--69.31102.33173.15182.24128.33180.0341.55
Inventory0131.19K158.27K2.24M2.65M1.57M3.98M5.79M6.17M
Days Inventory Outstanding-7.19K3.1K1.95K372.58114.62336.24655.351.1K
Other Current Assets011.45K005550775K953K178K
Total Non-Current Assets+9.74K38.18K150.6K746.77K1.91M3.02M3.71M7.27M4.65M
Property, Plant & Equipment8.23K36.67K30.37K503.81K496K1.03M1.04M2.77M2.11M
Fixed Asset Turnover--0.76x1.38x7.95x7.53x7.72x2.22x2.14x
Goodwill00-118.71B00001.61M0
Intangible Assets00118.72B230.28K1.4M1.98M2.57M2.65M2.35M
Long-Term Investments000000000
Other Non-Current Assets1.51K1.51K1.51K12.68K13K9K100K251K186K
Total Assets+293.11K3.26M12.79M20.42M48.83M44.23M30.57M28.5M15.12M
Asset Turnover--0.00x0.03x0.08x0.17x0.26x0.22x0.30x
Asset Growth %-10.14%2.92%0.6%1.39%-0.09%-0.31%-0.07%-0.47%
Total Current Liabilities+84.97K192.48K397.37K1.08M2.34M2.86M3.16M23.53M13.2M
Accounts Payable12.06K36.16K232.91K406.97K1.23M1.78M1.42M1.11M609K
Days Payables Outstanding-1.98K4.57K353.66172.89130.21120.03125.55108.86
Short-Term Debt000000000
Deferred Revenue (Current)000346.41K18K198K166K407K766K
Other Current Liabilities090068.45K144.19K838K628K1.1M21.07M10.15M
Current Ratio3.34x16.76x31.80x18.29x20.05x14.43x8.51x0.90x0.79x
Quick Ratio3.34x16.08x31.40x16.20x18.92x13.88x7.25x0.66x0.33x
Cash Conversion Cycle---1.39K1.7K372.84166.65344.54709.831.04K
Total Non-Current Liabilities+036.16K232.91K150.02K79K110K360K1.81M1.67M
Long-Term Debt000000000
Capital Lease Obligations000150.02K56K0193K1.67M1.63M
Deferred Tax Liabilities000000000
Other Non-Current Liabilities000023K0000
Total Liabilities84.97K192.48K397.37K1.23M2.42M2.97M3.52M25.34M14.87M
Total Debt+000278.15K150K56K301K2.29M2.2M
Net Debt-255.07K-3.08M-12.36M-16.71M-16.5M-4.88M-5.03M-1.67M-1.41M
Debt / Equity---0.01x0.00x0.00x0.01x0.72x8.78x
Debt / EBITDA---------
Net Debt / EBITDA---------
Interest Coverage---2559.54x------
Total Equity+208.14K3.07M12.39M19.2M46.41M41.26M27.05M3.16M250K
Equity Growth %-13.76%3.03%0.55%1.42%-0.11%-0.34%-0.88%-0.92%
Book Value per Share0.030.130.530.671.371.050.660.070.01
Total Shareholders' Equity208.14K3.07M12.39M19.2M46.41M41.26M27.05M3.16M250K
Common Stock1.75K2.28K2.74K2.98K4K4K4K4K5K
Retained Earnings-234.36K-1.07M-4.4M-12.73M-25.31M-49.76M-67.38M-97.99M-105.08M
Treasury Stock000000000
Accumulated OCI000015K-6K94K00
Minority Interest000000000

Cash Flow

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-213.47K-833.71K-2.69M-8.49M-12.19M-18.22M-14.6M-16.7M-8.13M
Operating CF Margin %---116.29%-12.18%-3.09%-2.36%-1.81%-2.72%-1.8%
Operating CF Growth %--2.91%-2.23%-2.15%-0.44%-0.5%0.2%-0.14%0.51%
Net Income-281.23K-833.54K-3.34M-8.33M-12.58M-24.45M-17.62M-30.22M-5.88M
Depreciation & Amortization1.57K6.66K21.88K46.95K163K567K863K962K1.12M
Stock-Based Compensation026K512.99K1.54M2.24M0000
Deferred Taxes000000000
Other Non-Cash Items14.48K-26K391.46K2.66K-321K6.59M3.51M15.88M-5.34M
Working Capital Changes51.71K-6.83K109.44K-1.75M-1.69M-935K-1.36M-3.33M1.97M
Change in Receivables074.27K-4.4K-190.95K-1.69M-2.11M957K-696K2.45M
Change in Inventory0-131.19K-27.07K-1.89M-343K559K-2.41M-2.22M-391K
Change in Payables024.1K196.75K174.05K825K546K-360K-617K-441K
Cash from Investing+-11.45K-35.1K-134.29K-382.19K-26.11M-6.94M14.91M5.18M7.31M
Capital Expenditures-11.45K-35.1K-134.29K-371.02K-921K-1.93M-1.13M-623K-168K
CapEx % of Revenue--5.8%0.53%0.23%0.25%0.14%0.1%0.04%
Acquisitions---------
Investments---------
Other Investing0-35.1K-120.07K004K-92K00
Cash from Financing+531K3.7M12.1M13.49M37.96M13.45M83K10.15M468K
Debt Issued (Net)---------
Equity Issued (Net)---------
Dividends Paid0000000-58K-120K
Share Repurchases---------
Other Financing531K-70.08K-1.54M992.8K25.15M0000
Net Change in Cash---------
Free Cash Flow+-224.91K-868.81K-2.83M-8.86M-13.11M-19.22M-14.86M-16.93M-8.14M
FCF Margin %---122.09%-12.71%-3.32%-2.49%-1.85%-2.76%-1.81%
FCF Growth %--2.86%-2.25%-2.13%-0.48%-0.47%0.23%-0.14%0.52%
FCF per Share-0.03-0.04-0.12-0.31-0.39-0.49-0.36-0.40-0.18
FCF Conversion (FCF/Net Income)0.76x1.00x0.81x1.02x0.97x0.75x0.83x0.55x1.38x
Interest Paid000000000
Taxes Paid000000000

Key Ratios

Metric201620172018201920202021202220232024
Return on Equity (ROE)-135.11%-50.82%-43.16%-52.72%-38.35%-55.77%-51.57%-200.01%-344.27%
Return on Invested Capital (ROIC)---26215.9%-512.58%-60.53%-55.42%-45.53%-119.4%-7054.53%
Gross Margin--19.61%39.72%34.05%35.48%46.39%47.38%54.69%
Net Margin---14412.25%-1194.83%-318.97%-316.33%-218.87%-492.74%-130.35%
Debt / Equity---0.01x0.00x0.00x0.01x0.72x8.78x
Interest Coverage---2559.54x------
FCF Conversion0.76x1.00x0.81x1.02x0.97x0.75x0.83x0.55x1.38x
Revenue Growth---2909.89%466.02%95.97%4.14%-23.8%-26.51%

Revenue by Segment

201920202021202220232024
Shipping and Handling--167K-200K125K
Shipping and Handling Growth------37.50%
Deferred Revenue---233K--
Deferred Revenue Growth------
Customer Deposits---43K--
Customer Deposits Growth------

Revenue by Geography

201920202021202220232024
Americas481.62K1.44M3.36M-3.77M4.42M
Americas Growth-199.58%132.67%--17.23%
Europe Middle East and Africa-----76K
Europe Middle East and Africa Growth------
Asia Pacific98.62K1.45M1.99M-58K8K
Asia Pacific Growth-1375.08%36.59%---86.21%
Europe, Middle East and Africa116.55K1.05M2.38M-2.3M-
Europe, Middle East and Africa Growth-797.92%127.90%---

Frequently Asked Questions

Growth & Financials

Wrap Technologies, Inc. (WRAP) reported $4.1M in revenue for fiscal year 2024.

Wrap Technologies, Inc. (WRAP) saw revenue decline by 26.5% over the past year.

Wrap Technologies, Inc. (WRAP) reported a net loss of $14.0M for fiscal year 2024.

Dividend & Returns

Wrap Technologies, Inc. (WRAP) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.

Wrap Technologies, Inc. (WRAP) has a return on equity (ROE) of -344.3%. Negative ROE indicates the company is unprofitable.

Wrap Technologies, Inc. (WRAP) had negative free cash flow of $9.4M in fiscal year 2024, likely due to heavy capital investments.

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