VirTra, Inc. (VTSI)

VirTra Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	27.07	26.35	38.79	28.3	24.43	19.09
Revenue Growth (YoY)	-15.01%	-32.07%	37.06%	15.83%	28.01%	2.01%
Cost of Revenue	7.89	6.94	11.38	12.05	13.03	7.19
Gross Profit	19.18	19.41	27.41	16.25	11.41	11.9
Selling, General & Admin	14.01	14.41	14.24	11.05	8.09	8.76
Research & Development	2.67	3	2.79	2.61	1.87	1.6
Operating Expenses	16.69	17.42	17.03	13.66	9.95	10.36
Operating Income	2.5	2	10.38	2.59	1.45	1.54
Other Non Operating Income (Expenses)	-0.98	0.25	0.59	-0.07	0.01	0.03
EBT Excluding Unusual Items	1.52	2.25	10.97	2.53	1.47	1.57
Other Unusual Items	-	-	-	-	1.32	-0.31
Pretax Income	1.52	2.25	10.97	2.53	2.79	1.26
Income Tax Expense	0.38	0.89	1.82	0.57	0.25	-0.22
Net Income	1.13	1.36	9.15	1.96	2.54	1.48
Net Income to Common	1.13	1.36	9.15	1.96	2.54	1.48
Net Income Growth	-83.44%	-85.10%	367.86%	-23.00%	71.81%	-
Shares Outstanding (Basic)	11	11	11	11	10	8
Shares Outstanding (Diluted)	11	11	11	11	10	8
Shares Change (YoY)	3.72%	1.82%	0.83%	8.08%	28.39%	1.14%
EPS (Basic)	0.10	0.12	0.84	0.18	0.25	0.19
EPS (Diluted)	0.10	0.12	0.84	0.18	0.25	0.19
EPS Growth	-84.03%	-85.63%	363.92%	-28.00%	31.58%	-
Free Cash Flow	4.8	-0.59	5.55	-5.91	-3.57	2.25
Free Cash Flow Per Share	0.42	-0.05	0.51	-0.54	-0.35	0.29
Gross Margin	70.87%	73.67%	70.67%	57.43%	46.68%	62.35%
Operating Margin	9.22%	7.58%	26.77%	9.16%	5.95%	8.06%
Profit Margin	4.19%	5.17%	23.59%	6.91%	10.40%	7.75%
Free Cash Flow Margin	17.75%	-2.23%	14.32%	-20.90%	-14.63%	11.77%
EBITDA	3.94	3.13	11.31	3.48	2.04	1.92
EBITDA Margin	14.55%	11.89%	29.16%	12.30%	8.36%	10.05%
D&A For EBITDA	1.44	1.14	0.93	0.89	0.59	0.38
EBIT	2.5	2	10.38	2.59	1.45	1.54
EBIT Margin	9.22%	7.58%	26.77%	9.16%	5.95%	8.06%
Effective Tax Rate	25.16%	39.42%	16.58%	22.62%	8.83%	-
Revenue as Reported	27.07	26.35	38.79	28.3	24.43	19.09
Advertising Expenses	-	0.24	0.16	0.71	0.42	0.51

Updated May 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q