-2.40%
2.53%
26.09%
21.56%
-47.68%
-23.40%
-68.87%
AI Spotlight on WRAP
Company Description
Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel.The company develops BolaWrap 150, a hand-held remote restraint device that discharges a Kevlar cord to restrain noncompliant individuals from a range of 10-25 feet.It operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
The company was founded in 2016 and is based in Tempe, Arizona.
Market Data
| Last Price | 2.03 |
| Change Percentage | -2.40% |
| Open | 2.06 |
| Previous Close | 2.08 |
| Market Cap ( Millions) | 93 |
| Volume | 136714 |
| Year High | 7.01 |
| Year Low | 1.21 |
| M A 50 | 1.82 |
| M A 200 | 1.68 |
Financial Ratios
| FCF Yield | -11.66% |
| Dividend Yield | 0.00% |
| ROE | -372.86% |
| Debt / Equity | 34.17% |
| Net Debt / EBIDTA | 15.59% |
| Price To Book | 14.53 |
| Price Earnings Ratio | -5.58 |
| Price To FCF | -8.58 |
| Price To sales | 22.01 |
| EV / EBITDA | -5.27 |
News
- Nov -25 - UPDATE – Wrap Technologies Launches Go-Forward Strategy, Advancing End-to-End Public Safety and Defense Solutions with New Virginia Facility
- Nov -22 - NOTICE TO DISREGARD -- Wrap Technologies, Inc.
- Nov -22 - Wrap Technologies Unveils Go-Forward Strategy, Pioneering End-to-End Public Safety and Defense Solutions with New Virginia Facility
- Nov -14 - 22% Year-Over-Year Operating Expense Reduction Positions Wrap Technologies for Growth and Profitability in 2025
- Nov -07 - What a Big Dill – Casey's Launches All-New Pickle Wrap Pizza
- Oct -25 - Weekly Wrap: NDX Rallies, TSLA Surges, BA Strike Continues, MCD E. Coli Outbreak
- Oct -16 - Wrap Technologies, Inc. Regains Nasdaq Listing Requirements Compliance
- Jul -18 - San Francisco Police Department to Deploy BolaWrap as a Means for De-escalation
- Jul -01 - World Markets Watchlist: 2024 First Half Wrap-Up
- Jun -21 - Wrap Technologies, Inc. Issues Letter to Shareholders
- May -24 - Wrap Technologies Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)
- May -20 - Meridian Wealth Management LLC Raises Position in Wrap Technologies, Inc. (NASDAQ:WRAP)
- Apr -26 - Wrap Technologies Announces Exciting New Distributor Agreement with Kokusai Security
- Apr -19 - Wrap Technologies Receives Nasdaq Notification of
- Apr -19 - Wrap Technologies Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)
- Apr -15 - Wrap Technologies, Inc. Provides Update on Operations and Timing to Report Financial Results
- Apr -01 - Wrap Technologies Launches “WrapAI™” Suite of Artificial Intelligence-Powered Functionality for Intrensic BWC and DEMS
- Mar -25 - Wrap Technologies, Inc. to Schedule New Date for Issuance of Financial Results and Investor Conference Call for Q4 and FY 2023
- Mar -08 - A Wrap for Powell, but Big Late Trading Day
- Mar -07 - Wrap Technologies, Inc. to Report Last Quarter 2023
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> BoloWrap Remote Restraint Device
Expected Growth : 12.4 %
What the company do ?
The BoloWrap Remote Restraint Device is a non-lethal, handheld device that deploys a Kevlar wrap to restrain individuals from a safe distance.
Why we expect these perspectives ?
Growing demand for non-lethal restraint methods, increasing adoption by law enforcement agencies, and expanding use in corrections and mental health facilities drive the growth of the BoloWrap Remote Restraint Device market.
Segment n°2 -> Other
Expected Growth : 15.4 %
What the company do ?
Wrap Technologies, Inc.'s 'Other' segment includes sales of BolaWrap, Wrap Reality, and other miscellaneous products and services.
Why we expect these perspectives ?
Growing demand for non-lethal policing solutions, increasing adoption of virtual reality training, and expanding product offerings drive growth in Wrap Technologies' 'Other' segment.
Wrap Technologies, Inc. Products
| Product Range | What is it ? |
|---|---|
| BolaWrap | A handheld remote restraint device that discharges a Kevlar tether to wrap a subject at a distance, allowing for de-escalation and minimizing the risk of injury. |
| Wrap Reality | A virtual reality training platform that provides immersive, scenario-based training for law enforcement and first responders. |
| Wrap Analytics | A data analytics platform that provides insights and trends on use-of-force incidents, helping agencies identify areas for improvement and reduce liability. |
Wrap Technologies, Inc.'s Porter Forces
Threat Of Substitutes
Wrap Technologies, Inc. faces moderate threat from substitutes, as law enforcement agencies may opt for alternative solutions for public safety and security.
Bargaining Power Of Customers
Wrap Technologies, Inc. has a diverse customer base, which reduces the bargaining power of individual customers, giving the company an upper hand in negotiations.
Bargaining Power Of Suppliers
Wrap Technologies, Inc. relies on a few key suppliers for its products and services, giving them moderate bargaining power.
Threat Of New Entrants
The public safety and security industry is highly competitive, and new entrants can easily disrupt the market, posing a significant threat to Wrap Technologies, Inc.'s market share.
Intensity Of Rivalry
The public safety and security industry is highly competitive, with many established players, leading to intense rivalry among companies, including Wrap Technologies, Inc.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 1.10% |
| Debt Cost | 3.95% |
| Equity Weight | 98.90% |
| Equity Cost | 11.49% |
| WACC | 11.40% |
| Leverage | 1.11% |
Wrap Technologies, Inc. : Quality Control
Wrap Technologies, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CPSH | CPS Technologies Corporation produces and sells advanced material solutions to the transportation, automotive, energy, computing/internet, telecommunication, aerospace, defense, and oil and gas markets. It primarily offers metal matrix composites that … |
| DAIO | Data I/O Corporation engages in the design, manufacture, and sale of programming and security deployment systems and services for electronic device manufacturers in the United States, Europe, and internationally. The … |
| LPTH | LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components … |
| LGL | The LGL Group, Inc., together with its subsidiaries, engages in the design, manufacture, and marketing of frequency and spectrum control products in the United States and internationally. The company operates … |
| ROG | Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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LightPath Technologies
A-Score
1-Year Total Return ->
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CPS Technologies
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1-Year Total Return ->
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Rogers
A-Score
1-Year Total Return ->
4
Data I/O
A-Score
1-Year Total Return ->
5
LGL Group
A-Score
1-Year Total Return ->
6
