earnings
confidence high
sentiment positive
materiality 0.60
Wrap Technologies Q3 gross revenue $2.0M (+241% YoY); operating loss narrows 24% to $2.8M
WRAP TECHNOLOGIES, INC.
2025-Q3 EPS reported
-$0.14
revenue$3,268,000
- Gross revenue $2.0M, up 241% from $0.6M in Q3 2024; net revenue $1.5M, up 151%.
- Gross margin expanded to 59% from 40%; gross profit $0.9M, up 276%.
- Recurring subscription revenue $236k, ~12% of total gross revenue.
- Operating expenses $3.6M, down 6% YoY; operating loss improved to $2.8M from $3.6M.
- Nine-month operating loss improved to $9.5M from $10.9M; cash improvements noted.