Wrap Technologies
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Wrap Technologies's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 24% to $6,133,000. Profit margin reached -493%. Total operating expenses were $21,628,000.
Profit Margin
| 2017 | 0 | -833.54K | |
|---|---|---|---|
| 2018 | 23.15K | -3.33M | -14412.25% |
| 2019 | 696.79K | -8.32M | -1194.36% |
| 2020 | 3.94M | -12.49M | -316.86% |
| 2021 | 7.72M | -24.41M | -315.93% |
| 2022 | 8.04M | -17.28M | -214.71% |
| 2023 | 6.13M | -30.22M | -492.74% |
WRAP Income Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue | 6.13M | 8.04M | 7.72M | 3.94M | 696.79K | 23.15K | 0 |
Cost of revenue | 3.22M | 4.31M | 5.73M | 2.60M | 420.01K | 18.61K | 6.66K |
Gross profit | 2.90M | 3.73M | 1.99M | 1.34M | 276.77K | 4.53K | -6.66K |
Operating exp. | |||||||
Research and development | 3.26M | 5.07M | 6.21M | 2.78M | 2.23M | 734.77K | 311.33K |
Selling and marketing | 1.15M | 1.11M | 1.06M | 1.03M | 598.29K | 0 | 70.34K |
Total operating expenses | 21.62M | 21.46M | 26.49M | 14.42M | 8.89M | 3.34M | 833.54K |
Operating income | -18.72M | -17.73M | -24.49M | -13.07M | -8.61M | -3.33M | -833.54K |
Other income (expenses), net | -11.49M | 224K | 46K | 497K | 288.18K | -409 | 0 |
Income before tax | -30.22M | -17.50M | -24.44M | -12.58M | -8.32M | -3.33M | -833.54K |
Income tax expense | 0 | -224K | -31K | -83K | -3.30K | 895 | -5 |
Net income | -30.22M | -17.28M | -24.41M | -12.49M | -8.32M | -3.33M | -833.54K |
Earnings per share | |||||||
Basic EPS | -0.72 | -0.42 | -0.62 | -0.37 | -0.29 | -0.14 | -0.03 |
Diluted EPS | -0.72 | -0.42 | -0.62 | -0.37 | -0.29 | -0.14 | -0.03 |
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