Wrap Technologies, Inc.
General ticker "WRAP" information:
- Sector: Information Technology
- Industry: Electronic Equipment, Instruments & Components
- Capitalization: $86.8M (TTM average)
Wrap Technologies, Inc. follows the US Stock Market performance with the rate: 38.9%.
Estimated limits based on current volatility of 7.3%: low 2.04$, high 2.36$
Factors to consider:
- Total employees count: 59 as of 2023
- North and South America accounted for 61.5% of revenue in the fiscal year ended 2023-12-31
- Top business risk factors: Operating losses, Market competition, Geopolitical risks, Labor/talent shortage/retention, Strategic risks and growth management
- Price in estimated range
- Earnings for 18 months up through Q2 (+1 year) exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [1.62$, 3.88$]
- 2024-12-30 to 2025-12-30 estimated range: [1.42$, 3.47$]
Financial Metrics affecting the WRAP estimates:
- Positive: with PPE of -3.6 at the end of fiscal year the price was low
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -15.29 <= 0.33
- Positive: Investing cash flow per share per price, % of 4.74 > -0.66
- Positive: -8.75 < Industry operating profit margin (median), % of -7.63
- Positive: Shareholder equity ratio, % of 11.10 <= 18.93
- Negative: Industry earnings per price (median), % of 0 <= 0
Short-term WRAP quotes
Long-term WRAP plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $7.73MM | $8.05MM | $6.13MM |
| Operating Expenses | $32.22MM | $25.78MM | $24.86MM |
| Operating Income | $-24.50MM | $-17.73MM | $-18.72MM |
| Non-Operating Income | $0.05MM | $0.11MM | $-11.50MM |
| R&D Expense | $6.21MM | $5.08MM | $3.27MM |
| Income(Loss) | $-24.45MM | $-17.62MM | $-30.22MM |
| Profit(Loss)* | $-24.45MM | $-17.62MM | $-30.22MM |
| Stockholders Equity | $41.26MM | $27.05MM | $3.16MM |
| Inventory | $1.57MM | $3.98MM | $5.79MM |
| Assets | $44.23MM | $30.57MM | $28.50MM |
| Operating Cash Flow | $-18.22MM | $-14.60MM | $-16.70MM |
| Capital expenditure | $0.99MM | $0.26MM | $0.23MM |
| Investing Cash Flow | $-6.94MM | $14.91MM | $5.18MM |
| Financing Cash Flow | $13.45MM | $0.08MM | $10.15MM |
| Earnings Per Share** | $-0.62 | $-0.43 | $-0.71 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.