Wrap Technologies Inc

NASDAQ WRAP

Data sourced from iex and EODHD
Download Data

Wrap Technologies Inc Research and Development (R&D) Expense Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending September 30, 2023: -67.50%

Wrap Technologies Inc Research and Development (R&D) Expense Ratio 5 year CAGR is -67.50% for the Trailing 12 Months (TTM) ending September 30, 2023. The RD expense ratio measures the proportion of a company's research and development (R&D) expenses to its revenue. It is calculated by dividing the R&D expenses by the revenue. This ratio indicates the level of investment in R&D relative to the company's revenue generation. A higher ratio suggests a greater allocation of resources towards research and development activities, indicating a focus on innovation and potential future growth. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Wrap Technologies Inc Research and Development (R&D) Expense Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was 92.72%, a 24.78% change year over year.
  • Wrap Technologies Inc Research and Development (R&D) Expense Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 74.31%, a -38.65% change year over year.
  • Wrap Technologies Inc Research and Development (R&D) Expense Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was 121.12%, a -82.44% change year over year.
  • Wrap Technologies Inc Research and Development (R&D) Expense Ratio for the Trailing 12 Months (TTM) ending September 30, 2019 was 689.93%, a -85.10% change year over year.
NASDAQ: WRAP

Wrap Technologies Inc

CEO Mr. TJ Kennedy
IPO Date May 29, 2018
Location United States
Headquarters 1817 West 4th Street, Tempe, AZ, United States, 85281
Employees 69
Sector Technology
Industry Scientific & technical instruments
Description

Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company's flagship product is BolaWrap 150, a handheld remote restraint device that discharges a seven and a half-foot Kevlar tether, entangling an individual from a range of 10-25 feet. It also offers virtual reality training system, a law enforcement 3D training system employing immersive computer graphics VR with proprietary software-enabled content. It operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was incorporated in 2007 and is based in Tempe, Arizona.

StockViz Staff

September 20, 2024

Any question? Send us an email