Wrap Technologies (WRAP) Short-term Investments (2020 - 2024)
Wrap Technologies (WRAP) reported Short-term Investments of $2.5 million for Q2 2024, down 61.54% on a YoY basis from $6.5 million in Q3 2023, and down 50.0% quarter-over-quarter from $5.0 million in Q1 2024.
Wrap Technologies (WRAP) Short-term Investments (2020 - 2024) Analysis & Trends
Wrap Technologies has reported Short-term Investments for 5 years, with the latest figure at $2.5 million in Q2 2024.
- For the quarter ending Q2 2024, Short-term Investments fell 61.54% year-over-year to $2.5 million; the trailing twelve-month figure through Jun 2024 stood at $2.5 million (down 61.54% YoY), and the FY2023 full-year result was $7.5 million, down 46.23% from the prior year.
- Short-term Investments for Q2 2024 stood at $2.5 million, down from $5.0 million in the prior quarter.
- The five-year high for Short-term Investments was $30.0 million in Q3 2021, with the low at $35000.0 in Q1 2021.
- Historically, Short-term Investments has averaged $16.4 million across 5 years, with a median of $16.9 million in 2022.
- Annual changes were most pronounced in 2022 — Short-term Investments soared 71202.86% — and 2023, when it slumped 73.95%.
- Wrap Technologies' Short-term Investments 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 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn |
| 10 | Wrap Technologies | 66.42 Mn | 59.16 Mn | 691,000.00 |
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 |