Wrap Technologies Inc Dossier
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SectorInformation Technology IndustryElectronic Equipment, Instruments & Components Beta (adjusted)1.19 Intrinsic Value Insufficient data for a value estimateNot enough reliable inputs to publish a fair value for this company yet. Market Price $1.43Price as of 30 Sep 2026 Data confidenceNot applicable Market Cap $88.3M Enterprise Value $83.6M Shares Outstanding 55.8M diluted Next Earnings Date12 Nov 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Wrap Technologies is transitioning from a single-product hardware company into an integrated public safety solutions provider, combining its signature BolaWrap de-escalation device with WrapReality VR training, WrapVision body-worn cameras, and next-generation C-UAS drone payloads. While the company has demonstrated strong top-line momentum with 45% YoY revenue growth in Q1 2026 and targets approximately 100% growth for the full year, it remains unprofitable due to high operating expenses and significant share-based compensation. The recent $5.0 million private placement has stabilized short-term liquidity, but execution risks in a highly competitive public safety market warrant a cautious Hold stance until a clear path to operating breakeven is established. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 19 Jun 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $0.8020% Public sector procurement delays and tight municipal budgets slow down the adoption of BolaWrap and WrapReality. High cash burn depletes the current $7.3 million cash reserve by early 2027, forcing dilutive equity financing under the existing S-3 shelf registration. Base CaseCentral scenario $1.5050% Wrap Technologies successfully executes on its de-escalation ecosystem strategy, growing FY 2026 revenue by approximately 80-100% to around $9.5M-$10.0M. However, elevated R&D and sales expenses, alongside high share-based compensation, keep the company in a net loss position through 2026, requiring careful cash management. Bull CaseUpside scenario $2.5030% Rapid adoption of the WrapVision camera and WrapReality VR platform drives high-margin recurring SaaS revenue. International distribution agreements, particularly in India and Europe, scale faster than expected, allowing the company to achieve its 100% revenue growth target for FY 2026 and reach operating profitability ahead of schedule. Scenarios reflect our research view at the research date. Key Investment Merits
Key Investment Risks
Thesis Invalidation Triggers
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |