Wrap Technologies reported FY 2025 net revenues of $4.7 million, a 3.7% increase from $4.5 million in FY 2024.
52W $1.23 – $3.10
Wrap Technologies reported FY 2025 net revenues of $4.7 million, a 3.7% increase from $4.5 million in FY 2024.
Wrap Technologies reported FY 2025 net revenues of $4.7 million, a 3.7% increase from $4.5 million in FY 2024. This growth was driven by an 85.0% increase in technology-enabled services revenue to $1.7 million, partially offset by a 2.3% decline in product sales to $3.5 million. Gross profit improved 9.5% to $2.7 million, with gross margin expanding to 57.8% from...
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.