VirTra, Inc. (VTSI)

VirTra Income Statement

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

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

Updated Nov 12, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q