GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wrap Technologies Inc (NAS:WRAP) » Definitions » Pretax Margin %

Wrap Technologies (Wrap Technologies) Pretax Margin % : -76.65% (As of Sep. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Wrap Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wrap Technologies's Pre-Tax Income for the three months ended in Sep. 2023 was $-2.78 Mil. Wrap Technologies's Revenue for the three months ended in Sep. 2023 was $3.63 Mil. Therefore, Wrap Technologies's pretax margin for the quarter that ended in Sep. 2023 was -76.65%.

The historical rank and industry rank for Wrap Technologies's Pretax Margin % or its related term are showing as below:

WRAP' s Pretax Margin % Range Over the Past 10 Years
Min: -14504.35   Med: -318.97   Max: -168.18
Current: -168.18


WRAP's Pretax Margin % is ranked worse than
96.1% of 2462 companies
in the Hardware industry
Industry Median: 3.55 vs WRAP: -168.18

Wrap Technologies Pretax Margin % Historical Data

The historical data trend for Wrap Technologies's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wrap Technologies Pretax Margin % Chart

Wrap Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial -14,504.35 -1,194.40 -318.97 -316.33 -218.87

Wrap Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -227.22 -98.61 -566.53 -416.56 -76.65

Competitive Comparison of Wrap Technologies's Pretax Margin %

For the Scientific & Technical Instruments subindustry, Wrap Technologies's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wrap Technologies's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wrap Technologies's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Wrap Technologies's Pretax Margin % falls into.



Wrap Technologies Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Wrap Technologies's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-17.617/8.049
=-218.87 %

Wrap Technologies's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-2.783/3.631
=-76.65 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Wrap Technologies  (NAS:WRAP) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Wrap Technologies Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Wrap Technologies's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Wrap Technologies (Wrap Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1817 West 4th Street, Tempe, AZ, USA, 85281
Wrap Technologies Inc offers public safety technologies and services. The firm develops policing solutions to law enforcement and security personnel. Its BolaWRAP 150 Remote Restraint device is a patented, hand-held tool that discharges a Kevlar cord to restrain noncompliant individuals from a range of 10-25 feet. The group operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Executives
Timothy Szymanski director C/O WRAP TECHNOLOGIES, INC., 1817 W 4TH STREET, TEMPE AZ 85281
Rajiv Srinivasan director C/O WRAP TECHNOLOGIES, INC., 1817 W 4TH STREET, TEMPE AZ 85281
Kevin W Mullins officer: PRESIDENT C/O WRAP TECHNOLOGIES, INC., 1817 W 4TH STREET, TEMPE AZ 85281
Christopher James Dealmeida officer: Chief Financial Officer 1817 W 4TH STREET, TEMPE AZ 85281
Elwood G Norris 10 percent owner 13771 DANIELSON STREET, STE. L, POWAY CA 92064
Bruce Bernstein director 780 THIRD AVENUE, 12TH FLOOR, NEW YORK NY 10017
Marc Savas director 8033 SUNSET BLVD., BOX 873, LOS ANGELES CA 90046
Tj Kennedy director 400 S 4TH ST, STE. 401-412, MINNEAPOLIS MN 55415
Scot Cohen director, officer: Executive Chairman, Secretary 20 EAST 20TH ST., APT. 6, NEW YORK NY 10003
Kevin Charles Sherman director 1730 BLAKE ST STE 305, DENVER CO 80202
Glenn M Hickman officer: CHIEF OPERATING OFFICER C/O WRAP TECHNOLOGIES, 1817 W 4TH STREET, TEMPE AZ 85281
Varner Leo William Jr. officer: INTERIM CEO 400 GALLERIA PKWY SE, SUITE 1760, ATLANTA GA 30339
James A Barnes director, officer: President and CFO 13771 DANIELSON STREET, STE. L, POWAY CA 92064
Thomas P Smith officer: PRESIDENT 7860 EAST MCCLAIN DRIVE SUITE E, SCOTTSDALE AZ 85260-1627
David G Norris director, officer: President C/O TREE.COM, INC., 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277

Wrap Technologies (Wrap Technologies) Headlines