Wrap Technologies (WRAP)
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Wrap Technologies, Inc. is a public safety technology company that develops tools and training products for law enforcement, corrections, and security organisations. The company’s central product is the BolaWRAP remote restraint device, a handheld, non-lethal tool designed to help officers restrain a person from a distance without relying on pain compliance. The device deploys a Kevlar tether intended to wrap around the subject’s arms or legs, giving officers an option in encounters where de-escalation and distance are important.
BolaWRAP is aimed at situations involving noncompliant or distressed individuals, including cases in which officers may seek to avoid escalation to traditional force options. The product is marketed as a complement to existing public safety equipment rather than a replacement for standard procedures. Wrap also offers training and related services to support agency adoption, with an emphasis on policy, safe deployment, and scenario-based use.
The company operates internationally, with activity across the Americas, Europe, the Middle East, Africa, and Asia Pacific. Its target customers include police departments, sheriff’s offices, correctional facilities, military and defence-related users, private security providers, and other public safety agencies. Adoption depends on procurement cycles, training budgets, field performance, community expectations, and agency willingness to incorporate new force-continuum tools.
WRAP represents a specialised exposure to the public safety technology market. The company’s appeal rests on demand for less-lethal options, heightened scrutiny of police encounters, and the need for solutions that can reduce injuries to officers and subjects. Its commercial trajectory is influenced by demonstrations, pilot programs, repeat orders, regulation, and the broader debate over policing practices.
Last updated
- Market Cap
- 77.48M
- P/E
- —
- P/FCF
- —
- P/S
- 15.44
- Enterprise Value
- 70.21M
- Sector
- —
- Industry
- —
- Address
- 3480 MAIN HWY, SUITE 202, MIAMI, FL, 33133
WRAP® Developing Directional Light Scenarios and Non-Lethal Response (NLR) Technologies for WrapReality® VR Training Platform
Wrap Reports $1.1M Q1 Revenue; $3.2M in Bookings; Lands DHS Contract as Drone and Counter-UAS Pre-Orders Accelerate
WRAP® to Showcase Non-Lethal Response™ Platform at European Law Enforcement Conference in Italy for Public Safety Professionals
Wrap Enters Healthcare Market with Multi-Site Non-Lethal Response Virtual Reality Deployment Across UPMC Healthcare System
Wrap Accelerates Momentum Targeting 100% Revenue Growth in 2026; Company Reports Fourth Quarter and Full Year 2025 Results
Wrap and LETAC USA Announce Innovative Partnership to Help Define Global Standards for Non-Lethal Machine-to-Man Policy and Tactics
Wrap and Vector Achieve Air-to-Air Interdiction Using BolaWrap® Entanglement Technology, Ushering New Era of CUAS Defense for Military, Homeland Security, and Public Safety Partners
Wrap’s Non-Lethal Instructor Course Recertified by IADLEST, Strengthening Certified Training for Local and Federal Law Enforcement
Institutional Investor and Juggernaut Capital Founder John Shulman Joins Wrap Technologies Board of Directors
Wrap Technologies, Inc. Plans to Hold a Conference Call to Discuss Third Quarter 2025 Financial Results on Wednesday, November 12, 2025, at 4:30 p.m. ET
Byrna Appoints Former Nike Global Marketing Leader Adam Roth and Public Safety Technology Leader TJ Kennedy to Board of Directors
ICE Raids and Civil Unrest Fuel Investor Surge in De-Escalation Technology Stocks
Wrap Technologies, Inc. Reports First Quarter 2025 Results
Wrap Technologies, Inc. Issues Letter to Shareholders
Wrap Technologies Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)
Wrap Technologies Announces Exciting New Distributor Agreement with Kokusai Security
Wrap Technologies Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)
Wrap Technologies, Inc. Provides Update on Operations and Timing to Report Financial Results
Wrap Technologies Launches “WrapAI™” Suite of Artificial Intelligence-Powered Functionality for Intrensic BWC and DEMS
Wrap Technologies, Inc. to Schedule New Date for Issuance of Financial Results and Investor Conference Call for Q4 and FY 2023
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 77.48M
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 70.21M
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- 5.37
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 15.44
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- -5.07
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 13.99
- EPS
- -0.29
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- —
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- -8.57M
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- -110.66%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -95.51%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 7.59
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 5.15
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 3.81
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 213K
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 1.39
Income Statement
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Revenue | 1.11M | 1.4M | 1.49M | 1.01M | 765K |
| Gross profit | 691K | 734K | 883K | 487K | 595K |
| Operating income | -4.54M | -3.94M | -2.76M | -2.86M | -3.92M |
| EBITDA | -4.71M | -3.81M | -2.61M | -2.71M | -3.77M |
| Net income | -4.79M | -4.36M | -2.94M | -3.89M | -55K |
| Basic EPS | -0.09 | -0.08 | -0.06 | -0.07 | — |
| Diluted EPS | -0.09 | -0.08 | -0.06 | -0.07 | — |
Balance Sheet
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Total assets | 16.72M | 15.42M | 18.24M | 15.61M | 17.97M |
| Total liabilities | 2.29M | 3.93M | 4.11M | 3.85M | 15.41M |
| Total equity | 14.43M | 11.49M | 14.13M | 11.76M | 2.57M |
| Cash & equivalents | 7.26M | 3.47M | 5.97M | 4.18M | 6.17M |
| Current assets | 14.47M | 11.42M | 13.58M | 11.32M | 13.49M |
| Current liabilities | 1.91M | 1.82M | 1.91M | 2M | 13.83M |
Cash Flow
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Operating cash flow | -1.25M | -2.67M | -2.62M | -1.94M | -3.07M |
| Investing cash flow | -58K | -138K | -96K | -53K | -100K |
| Financing cash flow | 5.1M | 306K | 4.5M | 0 | 5.73M |
| Change in cash | 3.8M | -2.5M | 1.79M | -1.99M | 2.56M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | SCHEDULE 13G/A — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 10-Q — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 8-K — WRAP TECHNOLOGIES, INC. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13G — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| form 4 | Form 4 — Cohen Scot | View Filing | |
| form 4 | Form 4 — Cohen Scot | View Filing | |
| form 4 | Form 4 — Bernstein Bruce | View Filing | |
| form 4 | Form 4 — Savas Marc | View Filing | |
| form 4 | Form 4 — Savas Marc | View Filing | |
| form 4 | Form 4 — Srinivasan Rajiv | View Filing | |
| form 4 | Form 4 — Szymanski Timothy | View Filing | |
| form 4 | Form 4 — SHULMAN JOHN D | View Filing | |
| form 4 | Form 4 — SHULMAN JOHN D | View Filing | |
| edgar index | 10-K — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 8-K — WRAP TECHNOLOGIES, INC. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| edgar index | SCHEDULE 13D/A — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| form 4 | Form 4 — Cohen Scot | View Filing | |
| form 4 | Form 4 — Cohen Scot | View Filing | |
| edgar index | D — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 424B3 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | EFFECT — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | UPLOAD — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | SCHEDULE 13G — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | CORRESP — WRAP TECHNOLOGIES, INC. | View Filing | |
| form 4 | Form 4 — NORRIS ELWOOD G | View Filing | |
| edgar index | S-3 — WRAP TECHNOLOGIES, INC. | View Filing | |
| form 4 | Form 4 — NORRIS ELWOOD G | View Filing | |
| form 4 | Form 4 — NORRIS ELWOOD G | View Filing | |
| edgar index | 8-K — WRAP TECHNOLOGIES, INC. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| form 4 | Form 4 — NORRIS ELWOOD G | View Filing | |
| form 4 | Form 4 — Cohen Scot | View Filing | |
| form 4 | Form 4 — Cohen Scot | View Filing | |
| form 4 | Form 4 — NORRIS ELWOOD G | View Filing | |
| form 4 | Form 4 — Savas Marc | View Filing | |
| form 4 | Form 4 — Savas Marc | View Filing | |
| form 4 | Form 4 — Savas Marc | View Filing | |
| form 4 | Form 4 — SHULMAN JOHN D | View Filing | |
| form 4 | Form 4 — SHULMAN JOHN D | View Filing | |
| form 4 | Form 4 — SHULMAN JOHN D | View Filing | |
| form 4 | Form 4 — Cohen Scot | View Filing | |
| form 4 | Form 4 — Cohen Scot | View Filing | |
| form 4 | Form 4 — Srinivasan Rajiv | View Filing | |
| form 4 | Form 4 — Bernstein Bruce | View Filing | |
| form 4 | Form 4 — Novick Jared | View Filing | |
| form 4 | Form 4 — Cohen Scot | View Filing | |
| edgar index | SCHEDULE 13D/A — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| form 4 | Form 4 — NORRIS ELWOOD G | View Filing | |
| form 4 | Form 4 — NORRIS ELWOOD G | View Filing | |
| edgar index | 144 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| edgar index | 4 — WRAP TECHNOLOGIES, INC. | View Filing | |
| form 4 | Form 4 — Bernstein Bruce | View Filing |