Wrap Technologies Past Earnings Performance
Past criteria checks 0/6
Wrap Technologies's earnings have been declining at an average annual rate of -16.1%, while the Electronic industry saw earnings growing at 13.7% annually. Revenues have been growing at an average rate of 23% per year.
Key information
-16.1%
Earnings growth rate
-9.0%
EPS growth rate
| Electronic Industry Growth | 15.3% |
| Revenue growth rate | 23.0% |
| Return on equity | -260.4% |
| Net Margin | -423.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Wrap Technologies: Intriguing Technology, Uncertain Future
Jan 22Wrap announces sale of Wrap Reality Societal Reentry Enterprise Platform
Jul 21Companies Like Wrap Technologies (NASDAQ:WRAP) Are In A Position To Invest In Growth
Mar 21
Wrap Technologies' BolaWrap Was Only Used Once In The LAPD Pilot Program Extension, And Other Bearish Events
Jun 07Is Wrap Technologies, Inc. (NASDAQ:WRAP) Popular Amongst Insiders?
Mar 11Wrap Technologies' (NASDAQ:WRAP) Shareholders Are Down 23% On Their Shares
Jan 27Don't Ignore The Fact That This Insider Just Sold Some Shares In Wrap Technologies, Inc. (NASDAQ:WRAP)
Dec 23
WRAP Technologies acquires NSENA, a virtual reality training provider
Dec 16What Kind Of Shareholders Hold The Majority In Wrap Technologies, Inc.'s (NASDAQ:WRAP) Shares?
Dec 09Revenue & Expenses Breakdown
How Wrap Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 4 | -18 | 17 | 3 |
| 30 Jun 24 | 7 | -23 | 18 | 3 |
| 31 Mar 24 | 7 | -27 | 19 | 3 |
| 31 Dec 23 | 6 | -31 | 18 | 3 |
| 30 Sep 23 | 9 | -16 | 17 | 4 |
| 30 Jun 23 | 7 | -16 | 17 | 4 |
| 31 Mar 23 | 7 | -16 | 16 | 5 |
| 31 Dec 22 | 8 | -18 | 16 | 5 |
| 30 Sep 22 | 7 | -19 | 16 | 6 |
| 30 Jun 22 | 7 | -21 | 17 | 7 |
| 31 Mar 22 | 8 | -24 | 20 | 7 |
| 31 Dec 21 | 8 | -24 | 20 | 6 |
| 30 Sep 21 | 7 | -23 | 20 | 5 |
| 30 Jun 21 | 6 | -21 | 19 | 4 |
| 31 Mar 21 | 5 | -16 | 14 | 3 |
| 31 Dec 20 | 4 | -13 | 12 | 3 |
| 30 Sep 20 | 3 | -12 | 10 | 3 |
| 30 Jun 20 | 2 | -10 | 9 | 2 |
| 31 Mar 20 | 1 | -9 | 8 | 2 |
| 31 Dec 19 | 1 | -8 | 7 | 2 |
| 30 Sep 19 | 0 | -7 | 6 | 2 |
| 30 Jun 19 | 0 | -6 | 4 | 1 |
| 31 Mar 19 | 0 | -4 | 3 | 1 |
| 31 Dec 18 | 0 | -3 | 3 | 1 |
| 30 Sep 18 | 0 | -2 | 2 | 1 |
| 30 Jun 18 | 0 | -2 | 1 | 0 |
| 31 Mar 18 | 0 | -1 | 1 | 0 |
| 31 Dec 17 | 0 | -1 | 1 | 0 |
| 30 Sep 17 | 0 | -1 | 0 | 0 |
| 30 Jun 17 | 0 | -1 | 0 | 0 |
| 31 Mar 17 | 0 | 0 | 0 | 0 |
Quality Earnings: WRAP is currently unprofitable.
Growing Profit Margin: WRAP is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WRAP is unprofitable, and losses have increased over the past 5 years at a rate of 16.1% per year.
Accelerating Growth: Unable to compare WRAP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WRAP is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-1.8%).
Return on Equity
High ROE: WRAP has a negative Return on Equity (-260.38%), as it is currently unprofitable.