Wrap Technologies (NASDAQ:WRAP) Issues Quarterly Earnings Results

Wrap Technologies (NASDAQ:WRAP) released its earnings results on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, FiscalAI reports. Wrap Technologies had a negative net margin of 300.11% and a negative return on equity of 194.93%. The business had revenue of $1.40 million during the quarter.

Here are the key takeaways from Wrap Technologies’ conference call:

• Company is relaunching as an integrated non‑lethal response solutions provider, bundling BolaWrap hardware with the scaled digital training platform WrapTactics; the relaunch is expected within 30–45 days.
• Financial momentum: full‑year revenue rose 15% to $5.2 million, Q4 revenue rose 62% to $1.4 million, tech‑enabled services were up 85% to $1.7 million, and gross margin expanded to 58% while operating expenses fell 10%.
• Net loss widened to $10.3 million (from $5.9M) driven primarily by a $6.4 million reduction in non‑cash warrant fair‑value gains and a one‑time non‑cash impairment; management says it recently raised $5M and is not currently in the market for more capital.
• Operational traction and pipeline: >10,000 deployed units (76% on latest model), consumable reorders, average deal size increased ~6x from H1 to Q4, majority of new agency wins in H2, and management is targeting 100% revenue growth in 2026 based on current pipeline.
• Product and market expansion (Counter‑UAS/drone payloads, Carahsoft federal channel, and international distributor pre‑orders) show early interest and preorders, but commercialization and large federal/international wins remain at an early and uncertain stage.

Wrap Technologies Price Performance

WRAP opened at $1.46 on Friday. The company has a market capitalization of $79.57 million, a PE ratio of -4.87 and a beta of 1.51. Wrap Technologies has a fifty-two week low of $1.20 and a fifty-two week high of $3.23. The business has a 50-day moving average of $1.84 and a 200-day moving average of $2.21.

Insider Buying and Selling

In other news, major shareholder Elwood G. Norris sold 80,000 shares of the stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $2.21, for a total transaction of $176,800.00. Following the transaction, the insider owned 5,303,033 shares in the company, valued at $11,719,702.93. This represents a 1.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 33.26% of the stock is owned by corporate insiders.

Institutional Trading of Wrap Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Wrap Technologies by 6.3% during the 3rd quarter. Vanguard Group Inc. now owns 1,660,908 shares of the company’s stock valued at $3,604,000 after acquiring an additional 98,782 shares during the last quarter. Raymond James Financial Inc. boosted its position in Wrap Technologies by 6.0% during the third quarter. Raymond James Financial Inc. now owns 646,853 shares of the company’s stock worth $1,404,000 after purchasing an additional 36,429 shares during the period. Geode Capital Management LLC boosted its position in Wrap Technologies by 1.6% during the fourth quarter. Geode Capital Management LLC now owns 407,287 shares of the company’s stock worth $970,000 after purchasing an additional 6,340 shares during the period. Renaissance Technologies LLC grew its holdings in Wrap Technologies by 236.0% during the fourth quarter. Renaissance Technologies LLC now owns 156,900 shares of the company’s stock valued at $373,000 after purchasing an additional 110,200 shares during the last quarter. Finally, State Street Corp raised its position in shares of Wrap Technologies by 16.2% in the fourth quarter. State Street Corp now owns 129,667 shares of the company’s stock valued at $309,000 after purchasing an additional 18,100 shares during the period. Institutional investors and hedge funds own 8.82% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Wrap Technologies in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Wrap Technologies Company Profile

Wrap Technologies, Inc (NASDAQ: WRAP) is a designer and manufacturer of less-lethal restraint devices aimed at law enforcement and security professionals. Its flagship product, the BolaWrap®, is a handheld remote restraint tool that deploys a Kevlar-reinforced cord to safely immobilize individuals from a distance of up to 25 feet. The system is engineered to support de-escalation tactics and reduce reliance on physical force in high-risk encounters.

Based in Scottsdale, Arizona, Wrap Technologies oversees product development, testing and training at its headquarters.