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Jun 30
Wrap Technologies Q2 2025 Earnings Report
Wrap Technologies reported its second quarter 2025 results, highlighting cost reductions, cash flow improvements, and strategic repositioning.
Key Takeaways
Wrap Technologies, Inc. announced its Q2 2025 financial results, with revenue reaching $1.0 million. The company significantly reduced operating expenses by 26% compared to Q1 2025, bringing them down to $3.3 million. Net cash used in operations also improved, decreasing by $2.2 million year-to-date. The company's strategic repositioning continues, focusing on customer acquisition and a new Go-To-Market strategy.
Operating expenses decreased by 26% to $3.3 million in Q2 2025 compared to Q1 2025, reflecting successful cost optimization.
Net cash used in operations improved by $2.2 million year-to-date, demonstrating prudent financial management.
Revenue for Q2 2025 was $1.0 million as the company focuses on strategic repositioning and customer acquisition.
Cash and cash equivalents increased by 16% to $4.2 million at June 30, 2025, compared to December 31, 2024.
Wrap Technologies
Wrap Technologies
Wrap Technologies Revenue by Segment
Revenue by Segment
Product Sales Revenue
CapyFin.comManaged Services Revenue
CapyFin.comTechnology Enabled Services Revenue
CapyFin.com Forward Guidance
Wrap Technologies is focused on strategic repositioning, customer acquisition, and enhancing its value proposition. The company expects to take possession of its new manufacturing facility in Norton, Virginia, by the end of August 2025.
Positive Outlook
- Launch of WrapVision, a new all-in-one body-worn camera solution for law enforcement, public safety, and healthcare.
- Appointment of Gerald “Jerry” Ratigan as Chief Financial Officer.
- Former SWAT leader and national educator joined WrapTactics™ to launch digital pre-escalation training.
- Supreme Court’s Barnes v. Felix ruling expanded officer liability to the pre-escalation period, aligning with Wrap’s mission and positioning BolaWrap® for accelerated adoption.
- Expecting to take possession of a new manufacturing facility in Norton, Virginia, by the end of August 2025.
Challenges Ahead
- No specific negative forward guidance was provided in the report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income