WRAP RSI Chart
Last 7 days
-8%
Last 30 days
-15.6%
Last 90 days
-51.1%
Trailing 12 Months
43.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 7.2M | 7.2M | 9.1M | 0 |
2022 | 13.7M | 12.9M | 6.9M | 8.0M |
2021 | 4.8M | 5.9M | 12.6M | 13.7M |
2020 | 1.3M | 2.0M | 2.8M | 3.9M |
2019 | 191.6K | 360.0K | 528.4K | 696.8K |
2018 | 0 | 0 | 0 | 23.1K |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 01, 2024 | srinivasan rajiv | acquired | - | - | 13,385 | - |
Apr 01, 2024 | szymanski timothy | acquired | - | - | 13,385 | - |
Apr 01, 2024 | bernstein bruce | acquired | - | - | 13,385 | - |
Apr 01, 2024 | savas marc | acquired | - | - | 13,385 | - |
Jan 14, 2024 | cohen scot | acquired | - | - | 632,911 | executive chairman and ceo |
Jan 14, 2024 | savas marc | acquired | - | - | 4,786 | - |
Jan 14, 2024 | szymanski timothy | acquired | - | - | 4,786 | - |
Jan 14, 2024 | srinivasan rajiv | acquired | - | - | 4,786 | - |
Jan 14, 2024 | bernstein bruce | acquired | - | - | 4,786 | - |
Jan 02, 2024 | szymanski timothy | acquired | - | - | 8,586 | - |
Which funds bought or sold WRAP recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 25, 2024 | Meridian Wealth Management, LLC | sold off | -100 | -91,450 | - | -% |
Apr 25, 2024 | SIMPLEX TRADING, LLC | sold off | -100 | -10,000 | - | -% |
Apr 24, 2024 | IAG Wealth Partners, LLC | unchanged | - | -2,520 | 6,780 | -% |
Apr 24, 2024 | Newbridge Financial Services Group, Inc. | unchanged | - | -1,680 | 4,520 | -% |
Apr 23, 2024 | Gradient Investments LLC | unchanged | - | -840 | 2,260 | -% |
Apr 23, 2024 | Main Street Financial Solutions, LLC | new | - | 139,987 | 139,987 | 0.01% |
Apr 22, 2024 | Raymond James Financial Services Advisors, Inc. | added | 0.72 | -177,323 | 489,952 | -% |
Apr 22, 2024 | PFG Investments, LLC | new | - | 28,318 | 28,318 | -% |
Apr 19, 2024 | Core Wealth Partners LLC | new | - | 25,764 | 25,764 | 0.02% |
Apr 18, 2024 | Financial Security Advisor, Inc. | added | 31.07 | -3,262 | 70,171 | 0.03% |
Unveiling Wrap Technologies, Inc.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Wrap Technologies, Inc.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AAPL | 2.6T | 385.7B | 25.91 | 6.78 | ||||
APH | 72.3B | 12.8B | 35.48 | 5.63 | ||||
FTV | 26.7B | 6.1B | 30.89 | 4.36 | ||||
GLW | 26.7B | 12.6B | 44.59 | 2.12 | ||||
FLEX | 12.2B | 29.4B | 16.2 | 0.42 | ||||
MID-CAP | ||||||||
CGNX | 7.0B | 837.5M | 61.55 | 8.32 | ||||
ARW | 6.9B | 33.1B | 7.65 | 0.21 | ||||
BMI | 5.5B | 740.8M | 53.3 | 7.36 | ||||
AVT | 4.5B | 25.6B | 6.76 | 0.18 | ||||
ESE | 2.7B | 968.8M | 29.23 | 2.81 | ||||
SMALL-CAP | ||||||||
CNXN | 1.7B | 2.9B | 20.21 | 0.59 | ||||
BHE | 1.1B | 2.8B | 17.44 | 0.4 | ||||
GPRO | 263.8M | 1.0B | -4.96 | 0.26 | ||||
AEY | 34.4M | 56.7M | -3.8 | 0.59 | ||||
CPSH | 25.7M | 27.6M | 18.75 | 0.93 |
Wrap Technologies, Inc. News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | 202.1% | 3,631 | 1,202 | 711 | 3,585 | 1,701 | 1,165 | 1,599 | 2,449 | 7,729 | 1,934 | 1,542 | 1,415 | 1,007 | 833 | 689 | 251 | 269 | 59.00 | 118 | - | - |
Cost Of Revenue | 172.3% | 1,454 | 534 | 359 | 1,885 | 790 | 708 | 932 | 1,710 | 1,094 | 1,994 | 937 | 1,145 | 688 | 565 | 406* | 165 | 158 | 36.00 | 61.00 | 17.00 | 2.00 |
Gross Profit | 225.9% | 2,177 | 668 | 352 | 1,700 | 911 | 457 | 667 | 739 | 711 | -60.00 | 605 | 614 | 319 | 268 | 284* | 85.00 | 111 | 24.00 | 57.00 | 4.00 | 283* |
Operating Expenses | -14.3% | 4,927 | 5,747 | 4,612 | 5,302 | 4,822 | 5,240 | 6,101 | 5,977 | 6,730 | 7,741 | 6,043 | 5,785 | 4,182 | 3,115 | 3.00 | 2,722 | 2,608 | 1,997 | 1,563 | 1,297 | 834 |
S&GA Expenses | -9.0% | 4,317 | 4,745 | 3,540 | 4,432 | 3,586 | 3,764 | 4,606 | 4,066 | 4,654 | 6,579 | 4,978 | 4,767 | 3,255 | 2,538 | 2.00 | 2,106 | 1,878 | 1,481 | 1,188 | 1,021 | 666 |
R&D Expenses | -39.1% | 610 | 1,002 | 1,072 | 870 | 1,236 | 1,476 | 1,495 | 1,911 | 2,076 | 1,162 | 1,065 | 1,018 | 927 | 577 | 534* | 616 | 730 | 516 | 375 | 277 | 168 |
Interest Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -475* | 352* |
Net Income | 44.4% | -2,783 | -5,007 | -4,028 | -3,535 | -3,865 | -4,785 | -5,432 | -5,229 | -5,991 | -7,799 | -5,429 | -4,727 | -3,862 | -2,816 | -2.35 | -2,543 | -2,387 | -1,914 | -1,480 | -1,291 | -833 |
Net Income Margin | 26.3% | -1.68* | -2.28* | -2.26* | -2.19* | -2.79* | -1.66* | -1.78* | -1.79* | -1.90* | -3.70* | -3.51* | -2.89* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -645.0% | -12,209 | 2,240 | -3,082 | -3,622 | -4,862 | -1,444 | -4,931 | -4,678 | -3,919 | -6,017 | -4,604 | -4,541 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | 2.6% | 31,667 | 30,856 | 27,240 | 30,571 | 32,518 | 35,839 | 40,112 | 44,231 | 48,673 | 51,341 | 50,087 | 48,833 | 49,395 | 39,029 | 19,256 | 20,421 | 22,141 | 23,496 | 12,080 | 12,787 | 1,596 |
Current Assets | -5.6% | 25,833 | 27,379 | 23,638 | 26,859 | 29,477 | 32,643 | 36,814 | 41,213 | 45,932 | 49,336 | 44.00 | 46,927 | 48,526 | 38,244 | 18,510 | 19,675 | 21,416 | 22,851 | 11,776 | 12,636 | 1,509 |
Cash Equivalents | -57.8% | 4,934 | 11,688 | 9,503 | 5,330 | 3,828 | 3,643 | 5,014 | 4,937 | 9,858 | 13,050 | 2,000 | 16,647 | 20,118 | 35,385 | 15.00 | 16,984 | 19,262 | 21,378 | 10,693 | 12,359 | 1,365 |
Inventory | -10.8% | 5,816 | 6,520 | 5,626 | 3,975 | 3,975 | 2,033 | 1,870 | 1,566 | 2,284 | 2,837 | 4.00 | 2,655 | 1,951 | 2,087 | 2,288 | 2,245 | 1,974 | 1,256 | 693 | 158 | 125 |
Net PPE | -9.4% | 533 | 588 | 655 | 758 | 819 | 907 | 944 | 976 | 888 | 508 | 463* | 357 | 363 | 264 | 240 | 243 | 208 | 127 | 146 | 30.00 | 37.00 |
Goodwill | - | 1,611 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Liabilities | 0.1% | 11,096 | 11,081 | 3,679 | 3,516 | 2,563 | 2,972 | 3,199 | 2,967 | 3,209 | 2,585 | 2,502 | 2,419 | 1,958 | 1,945 | 1,138 | 1,226 | 1,445 | 967 | 944 | 397 | - |
Current Liabilities | 0.0% | 10,815 | 10,817 | 3,393 | 3,156 | 2,186 | 2,558 | 2,763 | 2,857 | 3,063 | 2,577 | 3.00 | 2,340 | 1,693 | 1,588 | 1,014 | 1,076 | 1,262 | 751 | 903 | 397 | 245 |
Shareholder's Equity | 4.0% | 20,571 | 19,775 | 23,561 | 27,055 | 29,955 | 32,867 | 36,913 | 41,264 | 45,464 | 48,755 | 42,059 | 46,414 | 47,437 | 37,084 | 18,118 | 19,196 | 20,696 | 22,529 | 11,136 | 12,390 | 1,350 |
Retained Earnings | -3.9% | -79,388 | -76,411 | -71,404 | -67,376 | -63,841 | -59,976 | -55,191 | -49,759 | -44,530 | -38,538 | -30.74 | -25,310 | -21,754 | -17,892 | -15,075 | -12,729 | -10,186 | -7,799 | -5,885 | -4,404 | -3,112 |
Additional Paid-In Capital | 1.8% | 97,919 | 96,182 | 94,961 | 94,333 | 93,736 | 92,856 | 92,129 | 91,025 | 89,979 | 87,277 | 73.00 | 71,705 | 69,181 | 54,973 | 33,191 | 31,922 | 30,879 | 30,325 | 17,018 | 16,791 | 4,461 |
Shares Outstanding | 3.3% | 43,289 | 41,911 | 41,270 | 41,176 | 41,086 | 40,943 | 40,907 | 40,852 | 38,767 | 37,939 | 37,619 | 37,554 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | - | - | 76,245 | - | - | - | 206,057 | - | - | - | 196,229 | - | - | - | 79,545 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | -630.0% | -12,142 | 2,291 | -3,067 | -3,567 | -4,829 | -1,357 | -4,850 | -4,494 | -3,475 | -5,810 | -4,444 | -4,494 | -3,796 | -3,894 | -2.24 | -2,679 | -2,080 | -2,136 | -1,588 | -1,061 | -570 |
Share Based Compensation | -116.5% | -201 | 1,221 | 628 | 597 | 872 | 547 | 1,209 | 1,046 | 1,303 | 2,148 | 859 | 908 | 546 | 549 | 467* | 462 | 474 | 374 | 227 | 190 | 150 |
Cashflow From Investing | -4018.9% | -4,366 | -106 | 7,240 | 5,069 | 5,006 | -14.00 | 4,852 | -426 | -1,042 | 4,747 | -10,216 | -828 | -25,132 | -150 | -54* | -77.61 | -116 | -111 | -76.44 | -78.05 | -48.23 |
Cashflow From Financing | - | 9,754 | - | - | - | 8.00 | - | 75.00 | -1.00 | 1,325 | 12,113 | 13.00 | 1,851 | 13,661 | 22,448 | 801* | 479 | 81.00 | 12,933 | - | 12,133 | -31.36 |
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |
Revenues: | ||||
Product sales | $ 3,248 | $ 1,612 | $ 4,897 | $ 4,042 |
Other revenue | 383 | 89 | 647 | 422 |
Total revenues | 3,631 | 1,701 | 5,544 | 4,464 |
Cost of revenues | 1,454 | 790 | 2,347 | 2,430 |
Gross profit | 2,177 | 911 | 3,197 | 2,034 |
Operating expenses: | ||||
Selling, general and administrative | 4,317 | 3,586 | 12,604 | 11,952 |
Research and development | 610 | 1,236 | 2,683 | 4,210 |
Total operating expenses | 4,927 | 4,822 | 15,287 | 16,162 |
Loss from operations | (2,750) | (3,911) | (12,090) | (14,128) |
Other income (expense): | ||||
Interest income | 90 | 34 | 413 | 36 |
Change in fair value of warrant liabilities | 117 | (0) | 117 | 0 |
Other | (6) | 12 | (25) | 10 |
Total other income (expense) | (33) | 46 | 271 | 46 |
Net loss | (2,783) | (3,865) | (11,819) | (14,082) |
Less: Convertible preferred stock dividends | (193) | 0 | (193) | 0 |
Net loss attributable to common stockholders | $ (2,976) | $ (3,865) | $ (12,012) | $ (14,082) |
Net loss per basic and diluted common share (in dollars per share) | $ (0.07) | $ (0.09) | $ (0.29) | $ (0.34) |
Weighted average common shares used to compute net loss per basic and diluted common share (in shares) | 42,652,481 | 41,086,285 | 41,914,512 | 40,955,234 |
Comprehensive loss: | ||||
Net loss | $ (2,783) | $ (3,865) | $ (11,819) | $ (14,082) |
Net unrealized gain (loss) on short-term investments | 0 | 73 | (0) | 62 |
Comprehensive loss | $ (2,783) | $ (3,792) | $ (11,819) | $ (14,020) |
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) | Sep. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 4,934,000 | $ 5,330,000 |
Short-term investments | 10,000,000 | 13,949,000 |
Accounts receivable and contract assets, net | 4,321,000 | 2,830,000 |
Inventories, net | 5,816,000 | 3,975,000 |
Prepaid expense and other current assets | 762,000 | 775,000 |
Total current assets | 25,833,000 | 26,859,000 |
Property and equipment, net | 533,000 | 758,000 |
Operating lease right-of-use asset, net | 205,000 | 285,000 |
Intangible assets, net | 3,319,000 | 2,569,000 |
Goodwill, net | 1,611,000 | 0 |
Other assets | 166,000 | 100,000 |
Total assets | 31,667,000 | 30,571,000 |
Current liabilities: | ||
Accounts payable | 1,546,000 | 1,419,000 |
Accrued liabilities | 1,128,000 | 1,463,000 |
Customer deposits | 2,000 | 0 |
Deferred revenue- short term | 189,000 | 166,000 |
Operating lease liability - short term | 116,000 | 108,000 |
Warrants – short term | 7,834,000 | 0 |
Total current liabilities | 10,815,000 | 3,156,000 |
Long-term liabilities: | ||
Deferred revenue- long term | 176,000 | 167,000 |
Operating lease liability - long term | 105,000 | 193,000 |
Total long-term liabilities | 281,000 | 360,000 |
Total liabilities | 11,096,000 | 3,516,000 |
Commitments and Contingencies | ||
Stockholders' equity: | ||
Preferred stock | 0 | 0 |
Common stock - 150,000,000 authorized; par value $0.0001 per share; 43,289,236 and 41,175,993 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively | 4,000 | 4,000 |
Additional paid-in capital | 97,919,000 | 94,333,000 |
Accumulated deficit | (79,388,000) | (67,376,000) |
Accumulated other comprehensive loss | 0 | 94,000 |
Total stockholders' equity | 20,571,000 | 27,055,000 |
Total liabilities and stockholders' equity | 31,667,000 | 30,571,000 |
Convertible Preferred Stock [Member] | ||
Stockholders' equity: | ||
Preferred stock | $ 2,036,000 | $ 0 |