NASDAQ$WRAP

Wrap Technologies Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

WRAP Q2 2024 — $585K revenue

In management’s opinion, the accompanying financial statements reflect adjustments necessary to present fairly the financial position, results of operations, and cash flows for those periods indicated. Wrap Technologies Inc reported Q2 2024 results. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $585K.
  • Operating income: $3K.
  • Gross profit: $984.

Headline financials

Total Revenue

$1.57M

Previous: $1.2M+30.9%
EPS

-$0.02

Previous: -$0.12+83.3%
Capital Expenditures

-$13K

Previous: -$66K+80.3%
Free Cash Flow

-$398K

Previous: -$5.07M+92.2%
Net Income

-$385K

Previous: -$5.01M+92.3%
Operating Income

-$3.17M

Previous: -$5.08M+37.6%
Gross Profit

$984K

Previous: $668K+47.3%
Stock-Based Comp

$243K

Previous: $1.22M-80.1%

Revenue & EPS history

Wrap Technologies · Revenue · Quarterly

$1.57M

Q2 2024+30.9%vs Q2 2023
Beat estimate in 2 of 7 quarters(29%)
ActualEstimate

Revenue by segment

Wrap Technologies · $3.51M total across 1 segment · Q3 2023

  • Product Sales
    $3.51M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-0.5%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+10.7%

Avg return

30 days after

50%

16 / 32 earnings

Positive

+13.5%

Q3 2022

Best reaction

-12.7%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.7%+3.5%
Q4 2025+2.7%+4.8%+9.6%
Q3 2025+1.9%-3.3%+19.0%
Q2 2025+1.3%-6.6%+35.8%
Q1 2025-2.6%-10.5%+13.7%
Q4 2024-5.3%-14.0%-10.5%
Q3 2024-7.3%-9.3%+13.9%
Q2 2024+8.7%+20.0%-3.3%
Q1 2024+9.8%+4.9%+28.0%
Q4 2023+0.0%+9.0%-5.1%
Q3 2023+9.0%+6.4%+6.4%
Q2 2023+1.7%-6.9%-3.4%
Q1 2023-3.9%-3.1%-18.1%
Q4 2022-11.7%-17.4%-25.2%
Q3 2022+13.5%+36.2%+97.2%
Q2 2022+10.3%+17.4%+1.6%
Q1 2022+2.7%-3.9%-12.7%
Q4 2021-8.5%-12.4%+44.3%
Q3 2021+0.2%+5.6%-12.1%
Q2 2021+2.2%+1.9%+12.4%
Q1 2021-9.4%-7.2%+38.1%
Q4 2020-0.2%+7.3%+3.3%
Q3 2020+0.2%+20.3%+13.0%
Q2 2020-12.7%-12.7%-23.0%
Q1 2020+0.8%-2.3%+34.1%
Q4 2019-10.8%-16.2%-23.1%
Q3 2019-4.6%-7.3%+23.8%
Q2 2019-7.2%+0.9%-10.1%
Q1 2019-2.5%-10.1%-4.8%
Q4 2018+6.3%+17.9%+13.9%
Q3 2018-2.6%-5.1%-3.3%
Q2 2018+0.0%+0.0%+77.6%
Q1 2017
Q1 2018
Q2 2017
Q4 2017
Q3 2016
Q3 2017
Q2 2016
Q4 2016
Q1 2016

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro