vs

Side-by-side financial comparison of mF International Ltd (MFI) and WRAP TECHNOLOGIES, INC. (WRAP). Click either name above to swap in a different company.

mF International Ltd is the larger business by last-quarter revenue ($1.9M vs $1.4M, roughly 1.4× WRAP TECHNOLOGIES, INC.). mF International Ltd runs the higher net margin — -90.9% vs -280.9%, a 190.0% gap on every dollar of revenue. On growth, WRAP TECHNOLOGIES, INC. posted the faster year-over-year revenue change (62.3% vs 20.2%). mF International Ltd produced more free cash flow last quarter ($-339.2K vs $-2.7M).

MF Global Holdings Ltd., formerly known as Man Financial, was a major global financial derivatives broker, or commodities brokerage firm that went bankrupt in 2011. MF Global provided exchange-traded derivatives, such as futures and options as well as over-the-counter products such as contracts for difference (CFDs), foreign exchange and spread betting. MF Global Inc., its broker-dealer subsidiary, was a primary dealer in United States Treasury securities. A series of perceived liquidity prob...

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.

MFI vs WRAP — Head-to-Head

Bigger by revenue
MFI
MFI
1.4× larger
MFI
$1.9M
$1.4M
WRAP
Growing faster (revenue YoY)
WRAP
WRAP
+42.1% gap
WRAP
62.3%
20.2%
MFI
Higher net margin
MFI
MFI
190.0% more per $
MFI
-90.9%
-280.9%
WRAP
More free cash flow
MFI
MFI
$2.3M more FCF
MFI
$-339.2K
$-2.7M
WRAP

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
MFI
MFI
WRAP
WRAP
Revenue
$1.9M
$1.4M
Net Profit
$-1.7M
$-3.9M
Gross Margin
35.5%
52.3%
Operating Margin
-93.4%
-281.1%
Net Margin
-90.9%
-280.9%
Revenue YoY
20.2%
62.3%
Net Profit YoY
-145.6%
48.1%
EPS (diluted)

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
MFI
MFI
WRAP
WRAP
Q4 25
$1.4M
Q3 25
$1.5M
Q2 25
$1.9M
$1.0M
Q1 25
$765.0K
Q4 24
$865.0K
Q3 24
$593.0K
Q2 24
$1.6M
$1.6M
Q1 24
$1.5M
Net Profit
MFI
MFI
WRAP
WRAP
Q4 25
$-3.9M
Q3 25
$-2.8M
Q2 25
$-1.7M
$-3.7M
Q1 25
$109.0K
Q4 24
$-7.6M
Q3 24
$2.0M
Q2 24
$-710.3K
$-385.0K
Q1 24
$117.0K
Gross Margin
MFI
MFI
WRAP
WRAP
Q4 25
52.3%
Q3 25
59.2%
Q2 25
35.5%
48.1%
Q1 25
77.8%
Q4 24
47.4%
Q3 24
39.6%
Q2 24
42.4%
62.6%
Q1 24
56.6%
Operating Margin
MFI
MFI
WRAP
WRAP
Q4 25
-281.1%
Q3 25
-185.2%
Q2 25
-93.4%
-282.2%
Q1 25
-512.7%
Q4 24
-535.5%
Q3 24
-611.5%
Q2 24
-50.7%
-201.5%
Q1 24
-280.4%
Net Margin
MFI
MFI
WRAP
WRAP
Q4 25
-280.9%
Q3 25
-186.0%
Q2 25
-90.9%
-368.3%
Q1 25
14.2%
Q4 24
-878.3%
Q3 24
335.6%
Q2 24
-44.5%
-24.5%
Q1 24
7.9%
EPS (diluted)
MFI
MFI
WRAP
WRAP
Q4 25
Q3 25
$-0.06
Q2 25
$-0.07
Q1 25
Q4 24
Q3 24
$0.04
Q2 24
$-0.06
$-0.02
Q1 24

Balance Sheet & Financial Strength

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

Metric
MFI
MFI
WRAP
WRAP
Cash + ST InvestmentsLiquidity on hand
$1.6M
$3.5M
Total DebtLower is stronger
$518.6K
Stockholders' EquityBook value
$2.8M
$11.5M
Total Assets
$5.6M
$15.4M
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MFI
MFI
WRAP
WRAP
Q4 25
$3.5M
Q3 25
$6.0M
Q2 25
$1.6M
$4.2M
Q1 25
$6.2M
Q4 24
$3.6M
Q3 24
$4.9M
Q2 24
$3.9M
$4.6M
Q1 24
$8.2M
Total Debt
MFI
MFI
WRAP
WRAP
Q4 25
Q3 25
Q2 25
$518.6K
Q1 25
Q4 24
Q3 24
Q2 24
$1.0M
Q1 24
Stockholders' Equity
MFI
MFI
WRAP
WRAP
Q4 25
$11.5M
Q3 25
$14.1M
Q2 25
$2.8M
$11.8M
Q1 25
$2.6M
Q4 24
$250.0K
Q3 24
$6.4M
Q2 24
$6.5M
$3.8M
Q1 24
$4.5M
Total Assets
MFI
MFI
WRAP
WRAP
Q4 25
$15.4M
Q3 25
$18.2M
Q2 25
$5.6M
$15.6M
Q1 25
$18.0M
Q4 24
$15.1M
Q3 24
$18.8M
Q2 24
$9.3M
$21.8M
Q1 24
$24.8M
Debt / Equity
MFI
MFI
WRAP
WRAP
Q4 25
Q3 25
Q2 25
0.18×
Q1 25
Q4 24
Q3 24
Q2 24
0.16×
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
MFI
MFI
WRAP
WRAP
Operating Cash FlowLast quarter
$-335.3K
$-2.7M
Free Cash FlowOCF − Capex
$-339.2K
$-2.7M
FCF MarginFCF / Revenue
-17.7%
-190.3%
Capex IntensityCapex / Revenue
0.2%
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
MFI
MFI
WRAP
WRAP
Q4 25
$-2.7M
Q3 25
$-2.6M
Q2 25
$-335.3K
$-1.9M
Q1 25
$-3.1M
Q4 24
$-1.2M
Q3 24
$330.0K
Q2 24
$-2.3M
$-3.5M
Q1 24
$-3.7M
Free Cash Flow
MFI
MFI
WRAP
WRAP
Q4 25
$-2.7M
Q3 25
$-2.7M
Q2 25
$-339.2K
$-1.9M
Q1 25
$-3.1M
Q4 24
$-1.2M
Q3 24
Q2 24
$-2.3M
$-3.5M
Q1 24
$-3.7M
FCF Margin
MFI
MFI
WRAP
WRAP
Q4 25
-190.3%
Q3 25
-181.1%
Q2 25
-17.7%
-192.3%
Q1 25
-401.4%
Q4 24
-139.5%
Q3 24
Q2 24
-142.0%
-224.2%
Q1 24
-253.3%
Capex Intensity
MFI
MFI
WRAP
WRAP
Q4 25
0.5%
Q3 25
5.7%
Q2 25
0.2%
0.6%
Q1 25
0.3%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.1%
0.1%
Q1 24
0.9%
Cash Conversion
MFI
MFI
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.

Related Comparisons