A Business at a Glance
0 of 5 daily views used (5 remaining). Sign up free for 10 daily views, or try AAPL for a full preview.
ITEM 1. BUSINESS We are a global public safety technology and services company that delivers safe and effective policing solutions to law enforcement and security personnel worldwide. We are leading the movement for safer outcomes by equipping law enforcement with safer, non-painful compliance tools, and immersive training fit for modern society. We began sales of our first public safety product, the BolaWrap 100 remote restraint device, in late 2018. In the first quarter of 2022, we delivered a new generation product, the BolaWrap 150. The BolaWrap 150 is electronically deployed and is more robust, smaller, lighter and simpler to deploy than the BolaWrap 100 that has since been phased out.
| Metric | TTM | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Revenue | 6.3M | - | - | - | - | - |
| Net Income | -4.7M | -31M | -18M | -24M | -13M | -8.3M |
| EPS | $-0.10 | $-0.67 | $-0.38 | $-0.59 | $-0.37 | $-0.29 |
| Free Cash Flow | -15M | -17M | -15M | -19M | -12M | -8.7M |
| ROIC | -198.2% | -467.6% | -65.1% | -59.3% | - | -43.4% |
| Gross Margin | 64.0% | - | - | - | - | - |
| Debt/Equity | 0.00 | 8.01 | 0.13 | 0.07 | - | 0.06 |
| Dividends/Share | $0.00 | $0.00 | - | - | - | - |
| Operating Income | -20M | -19M | -18M | -24M | -13M | -8.6M |
| Operating Margin | -326.0% | - | - | - | - | - |
| ROE | -33.1% | -202.6% | -65.1% | -59.3% | - | -43.4% |
| Shares Outstanding | 52M | 46M | 46M | 41M | 34M | 29M |
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | |||
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 0 | N/A | N/A | N/A | N/A | N/A | N/A | 6.3M |
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 64.0% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EBIT | -834K | -3.3M | -8.6M | -13M | -24M | -18M | -19M | -20M |
| Op. Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -326.0% |
| Net Income | -834K | -3.3M | -8.3M | -13M | -24M | -18M | -31M | -4.7M |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -74.3% |
| Non-Recurring | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | ||||||||
| ROIC | -27.1% | N/A | -43.4% | N/A | -59.3% | -65.1% | N/M | -198.2% |
| ROE | -27.1% | N/A | -43.4% | N/A | -59.3% | -65.1% | -202.6% | -33.1% |
| ROA | -25.5% | -26.1% | -40.8% | -25.8% | -55.3% | -57.6% | -103.6% | -25.6% |
| Cash Flow | ||||||||
| Op. Cash Flow | -834K | -2.7M | -8.5M | -12M | -18M | -15M | -17M | -15M |
| Free Cash Flow | -869K | -2.7M | -8.7M | -12M | -19M | -15M | -17M | -15M |
| Owner Earnings | -840K | -3.2M | -10M | -15M | -24M | -19M | -20M | -17M |
| CapEx | 35K | 14K | 257K | 249K | 995K | 256K | 230K | 0 |
| Maint. CapEx | 7K | 22K | 47K | 163K | 478K | 762K | 823K | 823K |
| Growth CapEx | 28K | 0 | 210K | 86K | 517K | 0 | 0 | 0 |
| D&A | 7K | 22K | 47K | 163K | 478K | 762K | 823K | 823K |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | ||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 58K | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | 0.1% | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | 0 | 513K | 1.5M | 2.2M | 5.4M | 3.2M | 2.0M | 2.0M |
| Debt Repayment | 0 | 0 | 0 | 0 | 275K | 0 | 0 | 0 |
| Balance Sheet | ||||||||
| Net Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -6.0M |
| Cash & Equiv. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 6.0M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt/Equity | 0.06 | N/A | 0.06 | N/A | 0.07 | 0.13 | 8.01 | 0.00 |
| Interest Coverage | N/A | -2559.5 | N/A | -31.4 | N/A | N/A | N/A | N/A |
| Equity | 3.1M | N/A | 19M | N/A | 41M | 27M | 3.2M | 14M |
| Total Assets | 3.3M | 13M | 20M | 49M | 44M | 31M | 29M | 18M |
| Total Liabilities | 192K | N/A | 1.2M | N/A | 3.0M | 3.5M | 25M | 4.1M |
| Intangibles | 0 | 237K | 461K | 2.8M | 4.0M | 2.6M | 4.3M | 4.3M |
| Retained Earnings | -1.1M | -4.4M | -13M | -25M | -50M | -67M | -98M | -98M |
| Working Capital | 3.0M | 12M | 19M | 45M | 38M | 24M | -2.3M | -2.3M |
| Current Assets | 3.2M | 13M | 20M | 47M | 41M | 27M | 21M | 21M |
| Current Liabilities | 192K | 397K | 1.1M | 2.3M | 2.9M | 3.2M | 24M | 24M |
| Per Share Data | ||||||||
| EPS | -0.03 | -0.14 | -0.29 | -0.37 | -0.59 | -0.38 | -0.67 | -0.10 |
| Owner EPS | -0.03 | -0.14 | -0.35 | -0.43 | -0.58 | -0.41 | -0.43 | -0.34 |
| Book Value | 0.11 | N/A | 0.67 | N/A | 1.00 | 0.59 | 0.07 | 0.27 |
| Cash Flow/Share | -0.03 | -0.11 | -0.30 | -0.36 | -0.44 | -0.32 | -0.36 | -0.07 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 | 0.00 |
| Shares Out. | 27.4M | 23.8M | 28.7M | 34.0M | 41.3M | 45.9M | 45.9M | 51.5M |
| Valuation | ||||||||
| P/E Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -15.3 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | N/A | N/A | 9.6 | N/A | 4.1 | 2.8 | 42.0 | 5.7 |
| Price/Sales | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 12.9 |
| FCF Yield | N/A | -3.5% | -4.8% | -7.0% | -11.4% | -19.6% | -12.7% | -18.1% |
| Market Cap | N/A | 76M | 184M | 176M | 169M | 76M | 133M | 81M |
| Avg. Price | N/A | 3.87 | 5.11 | 6.84 | 6.19 | 2.25 | 1.82 | 1.57 |
| Year-End Price | N/A | 3.20 | 6.40 | 5.19 | 4.10 | 1.65 | 2.90 | 1.57 |
WRAP TECHNOLOGIES, INC. passes 0 of 9 quality checks, indicating weak fundamentals.
WRAP TECHNOLOGIES, INC. (WRAP) has a 5-year average return on invested capital (ROIC) of -55.9%. This is below average and may indicate limited pricing power.
WRAP TECHNOLOGIES, INC. (WRAP) has a market capitalization of $81M. It is classified as a small-cap stock.
Yes, WRAP TECHNOLOGIES, INC. (WRAP) pays a dividend with a trailing twelve-month yield of 0.08%.
WRAP TECHNOLOGIES, INC. (WRAP) operates in the Ordnance & Accessories, (No Vehicles/Guided Missiles) industry, within the Industrials sector.
WRAP TECHNOLOGIES, INC. (WRAP) generated $-17 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
WRAP TECHNOLOGIES, INC. (WRAP) has a debt-to-equity ratio of 8.01. This indicates higher leverage, which may increase financial risk.
WRAP TECHNOLOGIES, INC. (WRAP) reported earnings per share (EPS) of $-0.67 in its most recent fiscal year.
WRAP TECHNOLOGIES, INC. (WRAP) has a return on equity (ROE) of -202.6%. A negative ROE may indicate losses or negative equity.
The Ledger Terminal provides 7 years of financial data for WRAP TECHNOLOGIES, INC. (WRAP), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
WRAP TECHNOLOGIES, INC. (WRAP) has a book value per share of $0.07, based on its most recent annual SEC filing.