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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	26.16	26.35	38.79	28.3	24.43	19.09
Revenue Growth (YoY)	-27.54%	-32.07%	37.06%	15.83%	28.01%	2.01%
Cost of Revenue	6.27	6.94	11.38	12.05	13.03	7.19
Gross Profit	19.9	19.41	27.41	16.25	11.41	11.9
Selling, General & Admin	14.26	14.41	14.24	11.05	8.09	8.76
Research & Development	2.92	3	2.79	2.61	1.87	1.6
Operating Expenses	17.18	17.42	17.03	13.66	9.95	10.36
Operating Income	2.71	2	10.38	2.59	1.45	1.54
Other Non Operating Income (Expenses)	-0.08	0.25	0.59	-0.07	0.01	0.03
EBT Excluding Unusual Items	2.64	2.25	10.97	2.53	1.47	1.57
Other Unusual Items	-	-	-	-	1.32	-0.31
Pretax Income	2.64	2.25	10.97	2.53	2.79	1.26
Income Tax Expense	0.48	0.89	1.82	0.57	0.25	-0.22
Net Income	2.16	1.36	9.15	1.96	2.54	1.48
Net Income to Common	2.16	1.36	9.15	1.96	2.54	1.48
Net Income Growth	-67.64%	-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)	2.18%	1.82%	0.83%	8.08%	28.39%	1.14%
EPS (Basic)	0.19	0.12	0.84	0.18	0.25	0.19
EPS (Diluted)	0.19	0.12	0.84	0.18	0.25	0.19
EPS Growth	-68.79%	-85.63%	363.92%	-28.00%	31.58%	-
Free Cash Flow	-4.54	-0.59	5.55	-5.91	-3.57	2.25
Free Cash Flow Per Share	-0.41	-0.05	0.51	-0.54	-0.35	0.29
Gross Margin	76.04%	73.67%	70.67%	57.43%	46.68%	62.35%
Operating Margin	10.37%	7.58%	26.77%	9.16%	5.95%	8.06%
Profit Margin	8.25%	5.17%	23.59%	6.91%	10.40%	7.75%
Free Cash Flow Margin	-17.35%	-2.23%	14.32%	-20.90%	-14.63%	11.77%
EBITDA	3.93	3.13	11.31	3.48	2.04	1.92
EBITDA Margin	15.02%	11.89%	29.16%	12.30%	8.36%	10.05%
D&A For EBITDA	1.22	1.14	0.93	0.89	0.59	0.38
EBIT	2.71	2	10.38	2.59	1.45	1.54
EBIT Margin	10.37%	7.58%	26.77%	9.16%	5.95%	8.06%
Effective Tax Rate	18.12%	39.42%	16.58%	22.62%	8.83%	-
Revenue as Reported	26.16	26.35	38.79	28.3	24.43	19.09
Advertising Expenses	-	0.24	0.16	0.71	0.42	0.51

Updated Mar 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q