Wrap Technologies, Inc., a security technology company, develops security products for law enforcement and security personnel. More Details
+ 1 more risk
Excellent balance sheet with limited growth.
Share Price & News
How has Wrap Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WRTC's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: WRTC exceeded the US Electronic industry which returned 8.1% over the past year.
Return vs Market: WRTC exceeded the US Market which returned 18.5% over the past year.
Price Volatility Vs. Market
How volatile is Wrap Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHave Wrap Technologies, Inc. (NASDAQ:WRTC) Insiders Been Selling Their Stock?
1 month ago | Simply Wall StWhat You Need To Know About Wrap Technologies, Inc.'s (NASDAQ:WRTC) Investor Composition
2 months ago | Simply Wall StDid Wrap Technologies, Inc. (NASDAQ:WRTC) Insiders Sell Shares?
Is Wrap Technologies undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate WRTC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WRTC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WRTC is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.
PE vs Market: WRTC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WRTC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WRTC is overvalued based on its PB Ratio (6.3x) compared to the US Electronic industry average (1.9x).
How is Wrap Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if WRTC's forecast earnings growth is above the savings rate (2.2%).
Earnings vs Market: Insufficient data to determine if WRTC's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WRTC's revenue (101% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: WRTC's revenue (101% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if WRTC's Return on Equity is forecast to be high in 3 years time
How has Wrap Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WRTC is currently unprofitable.
Growing Profit Margin: WRTC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WRTC is unprofitable, and losses have increased over the past 5 years at a rate of 79.7% per year.
Accelerating Growth: Unable to compare WRTC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WRTC is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-20.5%).
Return on Equity
High ROE: WRTC has a negative Return on Equity (-27.22%), as it is currently unprofitable.
How is Wrap Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: WRTC's short term assets ($38.2M) exceed its short term liabilities ($1.6M).
Long Term Liabilities: WRTC's short term assets ($38.2M) exceed its long term liabilities ($357.1K).
Debt to Equity History and Analysis
Debt Level: WRTC's debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WRTC's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: WRTC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: WRTC has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 80.6% each year
What is Wrap Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WRTC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WRTC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WRTC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WRTC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WRTC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Marc Thomas serves as Chief Executive Officer at Wrap Technologies, Inc since July 30, 2020. He is an experienced executive with a diverse background who has successfully led and advised teams in a va ...
|Executive Chairman||3.17yrs||US$120.00k||14.39% |
|CFO, Corporate Secretary & Treasurer||3.5yrs||US$303.67k||5.11% |
|Chief Executive Officer||0.17yr||no data||no data|
|Chief Operating Officer||1.83yrs||no data||0.044% |
|Chief Technology Officer||no data||no data||17.24% |
|Vice President of Investor Relations||no data||no data||no data|
|Director of Marketing||2.67yrs||no data||no data|
|Chief Strategy Officer||no data||no data||no data|
Experienced Management: WRTC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Executive Chairman||3.17yrs||US$120.00k||14.39% |
|Independent Director||1.83yrs||US$42.00k||0% |
|Independent Director||1.83yrs||US$42.00k||0.082% |
|Independent Director||2.83yrs||US$42.00k||0.54% |
Experienced Board: WRTC's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WRTC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.2%.
Wrap Technologies, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Wrap Technologies, Inc.
- Ticker: WRTC
- Exchange: NasdaqCM
- Founded: 2016
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$247.430m
- Shares outstanding: 36.55m
- Website: https://www.wraptechnologies.com
Number of Employees
- Wrap Technologies, Inc.
- 1817 West 4th Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WRTC||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||May 2018|
Wrap Technologies, Inc., a security technology company, develops security products for law enforcement and security personnel. It develops BolaWrap 100, a hand-held remote restraint device that discharges ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/01 01:00|
|End of Day Share Price||2020/09/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.