Professional
Added to YB: 2024-05-06
Pitch date: 2024-05-05
WRAP [bullish]
Wrap Technologies, Inc.
-21.55%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
Company Info
Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions for law enforcement and security personnel in the United States, Europe, the Middle East, Africa, Asia Pacific, and internationally.
Market Cap
$87.7M
Pitch Price
$1.74
Price Target
N/A
Dividend
N/A
EV/EBITDA
-6.56
P/E
-5.20
EV/Sales
13.77
Sector
Electronic Equipment, Instruments and Components
Category
growth
Idea Brunch with Michael Wright of Kehlet Capital - Wrap Technologies, Inc.
WRAP: Disruptive public safety tech aimed at reducing police use of force. BolaWrap remotely restrains subjects without pain. In 1,400 agencies but huge TAM (900K US officers, 12M global). Patent-protected until 2036. Potential to save lives & avoid $300M+ in annual misconduct claims.
Read full article (2 min)