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Side-by-side financial comparison of ACTELIS NETWORKS INC (ASNS) and WRAP TECHNOLOGIES, INC. (WRAP). Click either name above to swap in a different company.

WRAP TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($1.4M vs $1.4M, roughly 1.0× ACTELIS NETWORKS INC). ACTELIS NETWORKS INC runs the higher net margin — -184.5% vs -280.9%, a 96.4% gap on every dollar of revenue. On growth, WRAP TECHNOLOGIES, INC. posted the faster year-over-year revenue change (62.3% vs 28.6%). Over the past eight quarters, ACTELIS NETWORKS INC's revenue compounded faster (37.2% CAGR vs -2.5%).

Actelis Networks Inc develops and manufactures high-performance broadband access networking solutions for telecom operators, enterprises and government entities. Its core products include Ethernet over copper systems delivering cost-effective high-speed connectivity over existing copper infrastructure, with key markets across North America, Europe and the Asia-Pacific.

Wrap Technologies, Inc. develops non-lethal safety solutions for law enforcement, corrections, and private security sectors across North America and global markets. Its core products include remote restraint devices and training services designed to reduce use-of-force injuries and improve public safety outcomes.

ASNS vs WRAP — Head-to-Head

Bigger by revenue
WRAP
WRAP
1.0× larger
WRAP
$1.4M
$1.4M
ASNS
Growing faster (revenue YoY)
WRAP
WRAP
+33.7% gap
WRAP
62.3%
28.6%
ASNS
Higher net margin
ASNS
ASNS
96.4% more per $
ASNS
-184.5%
-280.9%
WRAP
Faster 2-yr revenue CAGR
ASNS
ASNS
Annualised
ASNS
37.2%
-2.5%
WRAP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ASNS
ASNS
WRAP
WRAP
Revenue
$1.4M
$1.4M
Net Profit
$-2.5M
$-3.9M
Gross Margin
35.1%
52.3%
Operating Margin
-122.3%
-281.1%
Net Margin
-184.5%
-280.9%
Revenue YoY
28.6%
62.3%
Net Profit YoY
-40.1%
48.1%
EPS (diluted)
$-5.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASNS
ASNS
WRAP
WRAP
Q4 25
$1.4M
$1.4M
Q3 25
$643.0K
$1.5M
Q2 25
$941.0K
$1.0M
Q1 25
$721.0K
$765.0K
Q4 24
$1.1M
$865.0K
Q3 24
$2.5M
$593.0K
Q2 24
$3.4M
$1.6M
Q1 24
$726.0K
$1.5M
Net Profit
ASNS
ASNS
WRAP
WRAP
Q4 25
$-2.5M
$-3.9M
Q3 25
$-2.0M
$-2.8M
Q2 25
$-1.9M
$-3.7M
Q1 25
$-1.9M
$109.0K
Q4 24
$-1.8M
$-7.6M
Q3 24
$-511.0K
$2.0M
Q2 24
$-78.0K
$-385.0K
Q1 24
$-2.0M
$117.0K
Gross Margin
ASNS
ASNS
WRAP
WRAP
Q4 25
35.1%
52.3%
Q3 25
28.5%
59.2%
Q2 25
32.4%
48.1%
Q1 25
34.8%
77.8%
Q4 24
34.3%
47.4%
Q3 24
68.6%
39.6%
Q2 24
56.6%
62.6%
Q1 24
30.3%
56.6%
Operating Margin
ASNS
ASNS
WRAP
WRAP
Q4 25
-122.3%
-281.1%
Q3 25
-300.0%
-185.2%
Q2 25
-188.4%
-282.2%
Q1 25
-251.3%
-512.7%
Q4 24
-154.0%
-535.5%
Q3 24
-12.5%
-611.5%
Q2 24
1.9%
-201.5%
Q1 24
-257.7%
-280.4%
Net Margin
ASNS
ASNS
WRAP
WRAP
Q4 25
-184.5%
-280.9%
Q3 25
-307.9%
-186.0%
Q2 25
-202.0%
-368.3%
Q1 25
-258.0%
14.2%
Q4 24
-169.4%
-878.3%
Q3 24
-20.1%
335.6%
Q2 24
-2.3%
-24.5%
Q1 24
-273.6%
7.9%
EPS (diluted)
ASNS
ASNS
WRAP
WRAP
Q4 25
$-5.08
Q3 25
$-0.17
$-0.06
Q2 25
$-0.21
$-0.07
Q1 25
$-0.22
Q4 24
$-7.90
Q3 24
$-0.09
$0.04
Q2 24
$-0.01
$-0.02
Q1 24
$-0.50

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASNS
ASNS
WRAP
WRAP
Cash + ST InvestmentsLiquidity on hand
$4.1M
$3.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.8M
$11.5M
Total Assets
$9.5M
$15.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASNS
ASNS
WRAP
WRAP
Q4 25
$4.1M
$3.5M
Q3 25
$1.5M
$6.0M
Q2 25
$393.0K
$4.2M
Q1 25
$1.1M
$6.2M
Q4 24
$2.0M
$3.6M
Q3 24
$2.2M
$4.9M
Q2 24
$2.4M
$4.6M
Q1 24
$1.4M
$8.2M
Total Debt
ASNS
ASNS
WRAP
WRAP
Q4 25
Q3 25
$150.0K
Q2 25
$150.0K
Q1 25
$150.0K
Q4 24
$150.0K
Q3 24
Q2 24
Q1 24
$148.0K
Stockholders' Equity
ASNS
ASNS
WRAP
WRAP
Q4 25
$4.8M
$11.5M
Q3 25
$3.0M
$14.1M
Q2 25
$1.3M
$11.8M
Q1 25
$2.6M
$2.6M
Q4 24
$3.0M
$250.0K
Q3 24
$3.1M
$6.4M
Q2 24
$1.1M
$3.8M
Q1 24
$-1.7M
$4.5M
Total Assets
ASNS
ASNS
WRAP
WRAP
Q4 25
$9.5M
$15.4M
Q3 25
$6.9M
$18.2M
Q2 25
$6.0M
$15.6M
Q1 25
$7.1M
$18.0M
Q4 24
$8.2M
$15.1M
Q3 24
$8.8M
$18.8M
Q2 24
$8.4M
$21.8M
Q1 24
$10.5M
$24.8M
Debt / Equity
ASNS
ASNS
WRAP
WRAP
Q4 25
Q3 25
0.05×
Q2 25
0.12×
Q1 25
0.06×
Q4 24
0.05×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASNS
ASNS
WRAP
WRAP
Operating Cash FlowLast quarter
$-2.1M
$-2.7M
Free Cash FlowOCF − Capex
$-2.7M
FCF MarginFCF / Revenue
-190.3%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-10.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASNS
ASNS
WRAP
WRAP
Q4 25
$-2.1M
$-2.7M
Q3 25
$-2.4M
$-2.6M
Q2 25
$-1.0M
$-1.9M
Q1 25
$-2.2M
$-3.1M
Q4 24
$-1.8M
$-1.2M
Q3 24
$-2.4M
$330.0K
Q2 24
$-2.1M
$-3.5M
Q1 24
$-203.0K
$-3.7M
Free Cash Flow
ASNS
ASNS
WRAP
WRAP
Q4 25
$-2.7M
Q3 25
$-2.7M
Q2 25
$-1.9M
Q1 25
$-3.1M
Q4 24
$-1.2M
Q3 24
Q2 24
$-3.5M
Q1 24
$-204.0K
$-3.7M
FCF Margin
ASNS
ASNS
WRAP
WRAP
Q4 25
-190.3%
Q3 25
-181.1%
Q2 25
-192.3%
Q1 25
-401.4%
Q4 24
-139.5%
Q3 24
Q2 24
-224.2%
Q1 24
-28.1%
-253.3%
Capex Intensity
ASNS
ASNS
WRAP
WRAP
Q4 25
0.5%
Q3 25
5.7%
Q2 25
0.6%
Q1 25
0.3%
Q4 24
0.0%
0.1%
Q3 24
0.0%
0.0%
Q2 24
0.0%
0.1%
Q1 24
0.1%
0.9%
Cash Conversion
ASNS
ASNS
WRAP
WRAP
Q4 25
Q3 25
Q2 25
Q1 25
-28.16×
Q4 24
Q3 24
0.17×
Q2 24
Q1 24
-31.83×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASNS
ASNS

Europe Middle East And Africa$1.1M83%
Other$228.0K17%

WRAP
WRAP

Segment breakdown not available.

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