VirTra Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	38.04	28.3	24.43	19.09	18.71	18.08	16.52	15.65
Revenue Growth (YoY)	34.42%	15.83%	28.01%	2.01%	3.49%	9.42%	5.57%	-
Cost of Revenue	11.38	12.05	13.03	7.19	9	7.03	6.29	5.97
Gross Profit	26.67	16.25	11.41	11.9	9.71	11.05	10.23	9.68
Selling, General & Admin	14.24	11.05	8.09	9.07	8.11	8.69	7.64	6.47
Research & Development	2.79	2.61	1.87	1.6	1.35	1.36	1.29	1.08
Operating Expenses	17.03	13.66	9.95	10.67	9.45	10.05	8.93	7.56
Operating Income	9.64	2.59	1.45	1.23	0.26	1	1.31	2.13
Other Expense / Income	-0.59	0.07	-1.33	-0.03	-0.11	-0.13	0.55	-0.03
Pretax Income	10.22	2.53	2.79	1.26	0.37	1.13	0.76	2.15
Income Tax	1.82	0.57	0.25	-0.22	0.45	0.31	-2.51	0.1
Net Income	8.4	1.96	2.54	1.48	-0.08	0.82	3.26	2.05
Net Income Growth	329.62%	-23.00%	71.81%	-	-	-74.92%	59.13%	-
Shares Outstanding (Basic)	11	11	10	8	8	8	8	8
Shares Outstanding (Diluted)	11	11	10	8	8	8	8	8
Shares Change	0.83%	8.08%	28.39%	1.14%	-6.14%	-1.70%	-0.88%	-
EPS (Basic)	0.77	0.18	0.25	0.19	-0.01	0.10	0.41	0.26
EPS (Diluted)	0.77	0.18	0.25	0.19	-0.01	0.10	0.39	0.24
EPS Growth	327.78%	-28.00%	31.58%	-	-	-74.36%	62.50%	-
Free Cash Flow	5.55	-5.91	-3.57	2.25	-2.08	1.54	2.52	1.45
Free Cash Flow Per Share	0.51	-0.54	-0.36	0.29	-0.27	0.19	0.32	0.18
Gross Margin	70.09%	57.43%	46.68%	62.35%	51.91%	61.12%	61.93%	61.86%
Operating Margin	25.33%	9.16%	5.95%	6.42%	1.40%	5.53%	7.91%	13.58%
Profit Margin	22.09%	6.91%	10.40%	7.75%	-0.40%	4.52%	19.74%	13.10%
Free Cash Flow Margin	14.60%	-20.90%	-14.63%	11.76%	-11.13%	8.49%	15.24%	9.23%
Effective Tax Rate	17.79%	22.62%	8.83%	-17.37%	120.27%	27.48%	-330.95%	4.77%
EBITDA	11.65	3.83	3.69	1.94	0.96	1.42	1.03	2.35
EBITDA Margin	30.61%	13.52%	15.08%	10.14%	5.15%	7.85%	6.22%	14.98%
Depreciation & Amortization	1.42	1.3	0.9	0.68	0.59	0.29	0.27	0.19
EBIT	10.22	2.53	2.79	1.26	0.37	1.13	0.76	2.15
EBIT Margin	26.87%	8.93%	11.40%	6.60%	1.99%	6.24%	4.58%	13.75%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).