Wrap Technologies, Inc.WRAP
What Wrap Technologies, Inc. does.
We are a global public safety technology and services company focused on delivering integrated non-lethal solutions for law enforcement, corrections, defense, and other public safety organizations worldwide. Our mission is to enable safer outcomes by providing officers and agencies with the tools, training, and tactics to gain proactive, lawful control of encounters, reducing risk to both officers and subjects, while preserving tactical advantage.
We began sales of our first public safety product, the BolaWrap® 100 device, in late 2018. In the first quarter of 2022, we introduced the BolaWrap® 150, a next‑generation, electronically deployed device that is more robust, smaller, lighter, and simpler to deploy than the BolaWrap 100, which has since been phased out. In December 2020, we acquired NSENA Inc. ("NSENA"), a provider of immersive virtual reality training for law enforcement utilizing proprietary software-enabled content and computer graphics simulation. This acquisition provided the foundation for Wrap Reality™, our virtual reality ("virtual reality" or “VR”) training platform designed for law enforcement simulation training and correctional reentry scenarios.
In August 2023, we acquired Intrensic, LLC, a Delaware limited liability company (“Intrensic”), which added body‑worn camera ("body-worn cameras" or “BWC”) and digital evidence management ("digital evidence management" or “DEM”) capabilities to our portfolio.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $3.9M | $7.7M | $8.0M | $6.1M | $4.5M | $4.7M |
| Net income | -$12.6M | -$24.4M | -$17.6M | -$30.2M | -$5.9M | -$10.3M |
| Free cash flow | -$12.4M | -$19.2M | -$14.9M | -$16.9M | -$8.1M | -$10.4M |
More on WRAP.
- Wrap Technologies, Inc. summary
- Wrap Technologies, Inc. financial statements
- Wrap Technologies, Inc. key metrics
- Wrap Technologies, Inc. health scores and style box
- Wrap Technologies, Inc. earnings
- Wrap Technologies, Inc. dividends
- Wrap Technologies, Inc. valuation
- Wrap Technologies, Inc. ownership and insiders
- Wrap Technologies, Inc. peers
Figures from Wrap Technologies, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.