NASDAQ$WRAP

Wrap Technologies Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Wrap Technologies reported Q4 2020 results with significant revenue growth and strategic investments.

Wrap Technologies reported a strong fourth quarter with a 464% increase in net sales compared to the same period last year, driven by global expansion and increased adoption of its de-escalation solutions. The company also completed the acquisition of NSENA, Inc. to enhance its training capabilities.

  • Net sales increased by 464% to $1.4 million compared to Q4 2019.
  • Gross margin was 33% for the quarter.
  • Cash, cash equivalents, and short-term investments totaled $41.6 million.
  • Acquired NSENA, Inc. to provide immersive training solutions.

Headline financials

Total Revenue

$1.42M

Previous: $251K+463.7%
EPS (adj)

-$0.10

Previous: -$0.09-11.1%
Net Income

-$3.56M

No prior period
Gross Profit

$473K

No prior period
Cash & Equivalents

$16.6M

No prior period
Total Assets

$48.8M

No prior period

Revenue & EPS history

Wrap Technologies · Revenue · Quarterly

$1.42M

Q4 2020+463.7%vs Q4 2019
Beat estimate in 4 of 7 quarters(57%)
ActualEstimate

Revenue by segment

Wrap Technologies · $1.38M total across 1 segment · Q4 2020

  • Product Sales
    $1.38M

Forward guidance

The company anticipates near-term growth headwinds due to continued limitations on international travel, with expectations for softening in the second half of 2021.

Headwinds

  • Near-term headwinds to growth expected.
  • International travel remains limited.
  • Anticipate headwinds through at least the first half of 2021.
  • Global protests surrounding excessive use of force.
  • Increase focus from community groups.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

-0.6%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+10.7%

Avg return

30 days after

48%

15 / 31 earnings

Positive

+13.5%

Q3 2022

Best reaction

-12.7%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q1 2026+0.7%+3.5%
Q3 2025+1.9%-3.3%+19.0%
Q2 2025+1.3%-6.6%+35.8%
Q1 2025-2.6%-10.5%+13.7%
Q4 2024-5.3%-14.0%-10.5%
Q3 2024-7.3%-9.3%+13.9%
Q2 2024+8.7%+20.0%-3.3%
Q1 2024+9.8%+4.9%+28.0%
Q4 2023+0.0%+9.0%-5.1%
Q3 2023+9.0%+6.4%+6.4%
Q2 2023+1.7%-6.9%-3.4%
Q1 2023-3.9%-3.1%-18.1%
Q4 2022-11.7%-17.4%-25.2%
Q3 2022+13.5%+36.2%+97.2%
Q2 2022+10.3%+17.4%+1.6%
Q1 2022+2.7%-3.9%-12.7%
Q4 2021-8.5%-12.4%+44.3%
Q3 2021+0.2%+5.6%-12.1%
Q2 2021+2.2%+1.9%+12.4%
Q1 2021-9.4%-7.3%+38.0%
Q4 2020-0.2%+7.3%+3.3%
Q3 2020+0.2%+20.3%+13.0%
Q2 2020-12.7%-12.7%-23.0%
Q1 2020+0.8%-2.3%+34.1%
Q4 2019-10.8%-16.2%-23.1%
Q3 2019-4.6%-7.3%+23.8%
Q2 2019-7.2%+0.9%-10.1%
Q1 2019-2.5%-10.1%-4.8%
Q4 2018+6.3%+17.9%+13.9%
Q3 2018-2.6%-5.1%-3.3%
Q2 2018+0.0%+0.0%+77.6%
Q1 2017
Q1 2018
Q2 2017
Q4 2017
Q3 2016
Q3 2017
Q2 2016
Q4 2016
Q1 2016

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