Is Wrap Technologies Inc (WRAP) overvalued?
Wrap Technologies Inc (WRAP) is a scientific & technical instruments company listed on US.
This page asks whether Wrap Technologies Inc (WRAP) looks expensive on cached numbers — not a short thesis.
Latest reported WRAP revenue for 2024-12-31 was $4.5M. Net income was -$5.9M. Revenue was down 26.5% from 2023-12-31 to 2024-12-31. WRAP currently screens at market cap $77.9M.
WRAP currently screens at market cap $77.9M. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next WRAP 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the WRAP stock page for the full model, not this heading.
Not investment advice.