Wrap 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.
Revenue of Wrap Technologies, Inc. (WRAP)
Revenue in 2023 (TTM): $6.13 M
According to Wrap Technologies, Inc.'s latest financial reports the company's current revenue (TTM) is $6.13 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Wrap Technologies, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $6.13 M | $2.91 M | $-17,899,000 | $-30,220,000 | $-30,220,000 |
| 2022 | $8.05 M | $3.73 M | $-16,968,000 | $-17,506,000 | $-17,282,000 |
| 2021 | $7.73 M | $2 M | $-23,882,000 | $-24,449,000 | $-24,418,000 |
| 2020 | $3.94 M | $1.34 M | $-12,914,000 | $-12,580,000 | $-12,497,000 |
| 2019 | $696.79 K | $276.77 K | $-8,566,731 | $-8,325,488 | $-8,322,182 |
| 2018 | $23.15 K | $4.54 K | $-3,313,257 | $-3,336,435 | $-3,336,435 |
| 2017 | $ | $-6,661 | $-826,884 | $-833,545 | $-833,545 |
| 2016 | $ | $ | $-279,653 | $-281,227 | $-281,227 |