Présentation de l'entreprise
Wrap Technologies, Inc. operates as a public safety technology and services provider, specializing in the development of policing solutions designed for law enforcement agencies and security personnel across the United States, Europe, the Middle East, Africa, Asia Pacific, and other international markets. The company functions within the broader Technology sector, specifically classified under the Scientific & Technical Instruments industry, which typically involves the creation of specialized equipment for precise applications such as remote restraint devices like the BolaWrap 150. As of the latest data, the entity maintains a market capitalization of $82.70 million, generates annual revenue of $4.67 million, and employs a workforce of 25 individuals. These financial metrics indicate that Wrap Technologies is a micro-cap entity with a relatively small revenue base, suggesting it occupies a niche position in the specialized public safety equipment market rather than competing with large-scale industrial manufacturers. The combination of a modest market cap and single-digit employee count highlights the company's status as a small-cap stock with limited operational scale, where management efficiency and product innovation are critical drivers of value given the constrained resource base.
Santé financière
The company reported revenue of $4.67 million over the trailing twelve months, yet it recorded a net income of -$11,238,000 and an EBITDA of -$12,303,000. The substantial discrepancy between the positive revenue figure and the significant negative net income reveals a cost structure characterized by high operating expenses that far exceed gross profits, resulting in a net loss that is more than double the revenue amount. Free cash flow stands at -$15,721,625, indicating that the company is currently burning cash, which suggests limited financial flexibility and a reliance on external capital sources or existing cash reserves to fund operations. Despite these losses, the balance sheet retains $3.47 million in cash against $2.42 million in debt, supported by a debt-to-equity ratio of 21.04, which implies a leveraged position where debt obligations are significant relative to shareholders' equity. Liquidity is robust in the short term, evidenced by a current ratio of 6.29, indicating that the company holds more than six times its current liabilities in current assets to cover immediate obligations. Return on Equity is calculated at -176.1% and Return on Assets at -52.8%, metrics that reveal management has yet to generate positive returns on the capital invested in the business, reflecting ongoing challenges in profitability despite the generation of sales revenue.
Évaluation de la valorisation
Valuation metrics present a complex picture due to the company's unprofitable status, with a trailing P/E ratio listed as N/A and a forward P/E of -6.21. The negative forward P/E and the difference between the unavailable trailing P/E imply that the market is pricing in future earnings expectations that have not yet materialized, as the company is currently unable to support a traditional earnings-based multiple. The price-to-book ratio is 6.71, indicating that the market values the company at a significant premium of nearly seven times its net asset value, which often occurs when investors anticipate high growth potential or intangible assets not fully captured on the balance sheet. Alternative valuation metrics further highlight the divergence between market price and fundamental earnings, with a price-to-sales ratio of 17.70 and an EV/EBITDA of -6.64, suggesting the stock is priced based on revenue multiples rather than earnings power. The stock trades between a 52-week high of $3.23 and a 52-week low of $1.20; without the current share price explicitly provided in the source data, the valuation range establishes a volatility band of approximately $2.03 within which the stock fluctuates. The beta of 1.52 indicates that the stock exhibits 52% higher volatility than the broader market, meaning price movements are amplified relative to general market trends, increasing both potential upside and downside risk for holders.
Growth & Income
Revenue growth over the past year is recorded at 62.3%, while earnings growth is N/A due to the company's current unprofitable status. Since earnings are negative, there is no earnings growth rate to compare against revenue, but the accelerating revenue growth suggests that top-line expansion is outpacing the ability to cover costs, a common phase in the scaling of technology firms. The company does not distribute dividends, as evidenced by a dividend yield of N/A and a payout ratio of 0.0%, which means the firm reinvests all available earnings—or in this case, the entire cash flow—back into the business for research, development, and expansion rather than returning capital to shareholders. This growth-focused strategy is typical for pre-profitability technology companies that prioritize market share acquisition and product iteration over income generation. Overall, the growth and income profile is defined by aggressive top-line expansion coupled with a complete absence of current profitability and dividend distribution, creating a high-risk, high-reward dynamic dependent on future operational leverage.