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Side-by-side financial comparison of MANHATTAN BRIDGE CAPITAL, INC (LOAN) and WRAP TECHNOLOGIES, INC. (WRAP). Click either name above to swap in a different company.

MANHATTAN BRIDGE CAPITAL, INC is the larger business by last-quarter revenue ($2.1M vs $1.4M, roughly 1.5× WRAP TECHNOLOGIES, INC.). MANHATTAN BRIDGE CAPITAL, INC runs the higher net margin — 61.6% vs -280.9%, a 342.5% gap on every dollar of revenue. On growth, WRAP TECHNOLOGIES, INC. posted the faster year-over-year revenue change (62.3% vs -9.1%). Over the past eight quarters, WRAP TECHNOLOGIES, INC.'s revenue compounded faster (-2.5% CAGR vs -8.0%).

Manhattan Bridge Capital, Inc. is a U.S.-based real estate finance firm that provides short-term asset-backed secured loans primarily to real estate investors. Its core offerings include bridge loans for residential and commercial property acquisitions, rehabilitation, and refinancing, serving clients across key U.S. real estate markets.

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.

LOAN vs WRAP — Head-to-Head

Bigger by revenue
LOAN
LOAN
1.5× larger
LOAN
$2.1M
$1.4M
WRAP
Growing faster (revenue YoY)
WRAP
WRAP
+71.4% gap
WRAP
62.3%
-9.1%
LOAN
Higher net margin
LOAN
LOAN
342.5% more per $
LOAN
61.6%
-280.9%
WRAP
Faster 2-yr revenue CAGR
WRAP
WRAP
Annualised
WRAP
-2.5%
-8.0%
LOAN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LOAN
LOAN
WRAP
WRAP
Revenue
$2.1M
$1.4M
Net Profit
$1.3M
$-3.9M
Gross Margin
52.3%
Operating Margin
61.4%
-281.1%
Net Margin
61.6%
-280.9%
Revenue YoY
-9.1%
62.3%
Net Profit YoY
-7.2%
48.1%
EPS (diluted)
$0.11

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
LOAN
LOAN
WRAP
WRAP
Q1 26
$2.1M
Q4 25
$2.0M
$1.4M
Q3 25
$2.0M
$1.5M
Q2 25
$2.4M
$1.0M
Q1 25
$2.3M
$765.0K
Q4 24
$2.4M
$865.0K
Q3 24
$2.3M
$593.0K
Q2 24
$2.4M
$1.6M
Net Profit
LOAN
LOAN
WRAP
WRAP
Q1 26
$1.3M
Q4 25
$1.1M
$-3.9M
Q3 25
$1.2M
$-2.8M
Q2 25
$1.4M
$-3.7M
Q1 25
$1.4M
$109.0K
Q4 24
$1.3M
$-7.6M
Q3 24
$1.4M
$2.0M
Q2 24
$1.4M
$-385.0K
Gross Margin
LOAN
LOAN
WRAP
WRAP
Q1 26
Q4 25
52.3%
Q3 25
59.2%
Q2 25
48.1%
Q1 25
77.8%
Q4 24
47.4%
Q3 24
39.6%
Q2 24
62.6%
Operating Margin
LOAN
LOAN
WRAP
WRAP
Q1 26
61.4%
Q4 25
55.9%
-281.1%
Q3 25
58.8%
-185.2%
Q2 25
59.9%
-282.2%
Q1 25
60.2%
-512.7%
Q4 24
55.2%
-535.5%
Q3 24
60.3%
-611.5%
Q2 24
57.5%
-201.5%
Net Margin
LOAN
LOAN
WRAP
WRAP
Q1 26
61.6%
Q4 25
56.1%
-280.9%
Q3 25
59.1%
-186.0%
Q2 25
60.0%
-368.3%
Q1 25
60.4%
14.2%
Q4 24
55.4%
-878.3%
Q3 24
60.5%
335.6%
Q2 24
57.7%
-24.5%
EPS (diluted)
LOAN
LOAN
WRAP
WRAP
Q1 26
$0.11
Q4 25
$0.10
Q3 25
$0.11
$-0.06
Q2 25
$0.12
$-0.07
Q1 25
$0.12
Q4 24
$0.12
Q3 24
$0.12
$0.04
Q2 24
$0.12
$-0.02

Balance Sheet & Financial Strength

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

Metric
LOAN
LOAN
WRAP
WRAP
Cash + ST InvestmentsLiquidity on hand
$3.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$43.1M
$11.5M
Total Assets
$64.3M
$15.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOAN
LOAN
WRAP
WRAP
Q1 26
Q4 25
$3.5M
Q3 25
$6.0M
Q2 25
$4.2M
Q1 25
$6.2M
Q4 24
$3.6M
Q3 24
$4.9M
Q2 24
$4.6M
Stockholders' Equity
LOAN
LOAN
WRAP
WRAP
Q1 26
$43.1M
Q4 25
$43.1M
$11.5M
Q3 25
$43.3M
$14.1M
Q2 25
$43.4M
$11.8M
Q1 25
$43.3M
$2.6M
Q4 24
$43.3M
$250.0K
Q3 24
$43.3M
$6.4M
Q2 24
$43.2M
$3.8M
Total Assets
LOAN
LOAN
WRAP
WRAP
Q1 26
$64.3M
Q4 25
$62.4M
$15.4M
Q3 25
$60.0M
$18.2M
Q2 25
$67.6M
$15.6M
Q1 25
$65.8M
$18.0M
Q4 24
$67.4M
$15.1M
Q3 24
$70.7M
$18.8M
Q2 24
$68.8M
$21.8M

Cash Flow & Capital Efficiency

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

Metric
LOAN
LOAN
WRAP
WRAP
Operating Cash FlowLast quarter
$1.3M
$-2.7M
Free Cash FlowOCF − Capex
$-2.7M
FCF MarginFCF / Revenue
-190.3%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
0.99×
TTM Free Cash FlowTrailing 4 quarters
$-10.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOAN
LOAN
WRAP
WRAP
Q1 26
$1.3M
Q4 25
$4.9M
$-2.7M
Q3 25
$1.4M
$-2.6M
Q2 25
$1.2M
$-1.9M
Q1 25
$1.2M
$-3.1M
Q4 24
$4.9M
$-1.2M
Q3 24
$1.2M
$330.0K
Q2 24
$1.3M
$-3.5M
Free Cash Flow
LOAN
LOAN
WRAP
WRAP
Q1 26
Q4 25
$4.9M
$-2.7M
Q3 25
$-2.7M
Q2 25
$-1.9M
Q1 25
$-3.1M
Q4 24
$4.9M
$-1.2M
Q3 24
$1.2M
Q2 24
$-3.5M
FCF Margin
LOAN
LOAN
WRAP
WRAP
Q1 26
Q4 25
246.2%
-190.3%
Q3 25
-181.1%
Q2 25
-192.3%
Q1 25
-401.4%
Q4 24
208.9%
-139.5%
Q3 24
53.3%
Q2 24
-224.2%
Capex Intensity
LOAN
LOAN
WRAP
WRAP
Q1 26
Q4 25
0.0%
0.5%
Q3 25
0.0%
5.7%
Q2 25
0.6%
Q1 25
0.3%
Q4 24
0.2%
0.1%
Q3 24
0.1%
0.0%
Q2 24
0.1%
Cash Conversion
LOAN
LOAN
WRAP
WRAP
Q1 26
0.99×
Q4 25
4.39×
Q3 25
1.16×
Q2 25
0.87×
Q1 25
0.86×
-28.16×
Q4 24
3.78×
Q3 24
0.88×
0.17×
Q2 24
0.91×

Financial Flow Comparison

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

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