Wrap Technologies (WRAP) Short-term Investments (2020 - 2024)
Wrap Technologies' (WRAP) quarterly Short-term Investments came in at $2.5 million in Q2 2024, down 61.54% YoY from $6.5 million in Q3 2023, and down 50.0% on a QoQ basis from $5.0 million in Q1 2024.
Wrap Technologies (WRAP) Short-term Investments (2020 - 2024) Analysis & Trends
Wrap Technologies (WRAP) has 5 years of Short-term Investments data on file, last reported at $2.5 million in Q2 2024.
- Quarterly Short-term Investments fell 61.54% year-over-year to $2.5 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $2.5 million (down 61.54% YoY) and the FY2023 annual result came in at $7.5 million, down 46.23% from the prior year.
- Short-term Investments eased to $2.5 million in Q2 2024, from $5.0 million in the prior quarter.
- In the past five years, Short-term Investments ranged from a high of $30.0 million in Q3 2021 to a low of $35000.0 in Q1 2021.
- A 5-year average of $16.4 million and a median of $16.9 million in 2022 frame the typical range for Short-term Investments.
- Annual changes were most pronounced in 2022 — Short-term Investments soared 71202.86% — and 2023, when it slumped 73.95%.
- Tracing WRAP's Short-term Investments over 5 years: stood at $25.0 million in 2020, then grew by 19.96% to $30.0 million in 2021, then slumped by 53.48% to $13.9 million in 2022, then slumped by 46.23% to $7.5 million in 2023, then slumped by 66.67% to $2.5 million in 2024.
- The last three Short-term Investments figures came in at $2.5 million (Q2 2024), $5.0 million (Q1 2024), and $7.5 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Garmin | 56.90 Bn | 54.24 Bn | 1.26 Bn |
| 2 | Keysight Technologies | 53.99 Bn | 51.57 Bn | 1.18 Bn |
| 3 | Coherent | 51.17 Bn | 49.18 Bn | 787.08 Mn |
| 4 | Teledyne Technologies | 29.38 Bn | 29.04 Bn | 738.10 Mn |
| 5 | Mks | 18.84 Bn | 18.23 Bn | 595.00 Mn |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn |
| 7 | Trimble | 14.04 Bn | 13.83 Bn | 674.90 Mn |
| 8 | Cognex | 10.12 Bn | 9.71 Bn | 205.77 Mn |
| 9 | Esco Technologies | 7.42 Bn | 7.35 Bn | 141.52 Mn |
| 10 | Wrap Technologies | 84.71 Mn | 79.93 Mn | 1.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 2.50 Mn |
| Mar 31, 2024 | 5.00 Mn |
| Dec 31, 2023 | 7.50 Mn |
| Sep 30, 2023 | 10.00 Mn |
| Jun 30, 2023 | 6.50 Mn |
| Mar 31, 2023 | 6.50 Mn |
| Dec 31, 2022 | 13.95 Mn |
| Sep 30, 2022 | 19.87 Mn |
| Jun 30, 2022 | 24.86 Mn |
| Mar 31, 2022 | 24.96 Mn |
| Dec 31, 2021 | 29.98 Mn |
| Sep 30, 2021 | 30.00 Mn |
| Jun 30, 2021 | 30.00 Mn |
| Mar 31, 2021 | 35,000.00 |
| Dec 31, 2020 | 24.99 Mn |
| Sep 30, 2020 | 24.99 Mn |