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
DateValue
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