Financial Snapshot

Revenue
$31.85M
TTM
Gross Margin
78.19%
TTM
Net Earnings
$6.847M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
464.57%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$45.41M
Q2 2024
Cash
Q2 2024
P/E
10.46
Sep 13, 2024 EST
Free Cash Flow
$5.254M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2011 2007 2006 2005 2004 2003 2002 2001
Revenue $38.04M $28.30M $24.43M $19.09M $18.71M $18.08M $16.52M $15.65M $13.34M $7.860M $2.250M $1.890M $980.0K $1.330M $980.0K $1.070M $2.460M
YoY Change 34.42% 15.83% 28.01% 2.02% 3.48% 9.44% 5.56% 17.32% 19.05% 92.86% -26.32% 35.71% -8.41% -56.5%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2011 2007 2006 2005 2004 2003 2002 2001
Revenue $38.04M $28.30M $24.43M $19.09M $18.71M $18.08M $16.52M $15.65M $13.34M $7.860M $2.250M $1.890M $980.0K $1.330M $980.0K $1.070M $2.460M
Cost Of Revenue $11.38M $12.05M $13.03M $7.187M $9.000M $7.030M $6.290M $5.970M $5.650M $3.800M $760.0K $730.0K $660.0K $860.0K $660.0K $650.0K $1.570M
Gross Profit $26.67M $16.25M $11.41M $11.90M $9.710M $11.05M $10.23M $9.680M $7.690M $4.060M $1.490M $1.160M $320.0K $470.0K $320.0K $420.0K $890.0K
Gross Profit Margin 70.09% 57.43% 46.68% 62.35% 51.9% 61.12% 61.92% 61.85% 57.65% 51.65% 66.22% 61.38% 32.65% 35.34% 32.65% 39.25% 36.18%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2011 2007 2006 2005 2004 2003 2002 2001
Selling, General & Admin $14.24M $11.05M $8.085M $9.070M $8.110M $8.690M $7.640M $6.460M $6.200M $4.750M $2.090M $2.810M $2.140M $2.820M $920.0K $1.490M $2.440M
YoY Change 28.77% 36.72% -10.86% 11.84% -6.67% 13.74% 18.27% 4.19% -25.62% 31.31% -24.11% 206.52% -38.26% -38.93%
% of Gross Profit 53.39% 68.01% 70.89% 76.22% 83.52% 78.64% 74.68% 66.74% 80.62% 117.0% 140.27% 242.24% 668.75% 600.0% 287.5% 354.76% 274.16%
Research & Development $2.794M $2.607M $1.866M $1.603M $1.350M $1.360M $1.290M $1.100M
YoY Change 7.19% 39.71% 16.37% 18.77% -0.74% 5.43% 17.27%
% of Gross Profit 10.48% 16.04% 16.36% 13.47% 13.9% 12.31% 12.61% 11.36%
Depreciation & Amortization $928.6K $887.1K $589.1K $380.2K $310.0K $290.0K $270.0K $190.0K $180.0K $200.0K $50.00K $80.00K $160.0K $100.0K $110.0K $70.00K $610.0K
YoY Change 4.67% 50.6% 54.95% 22.63% 6.9% 7.41% 42.11% 5.56% -37.5% -50.0% 60.0% -9.09% 57.14% -88.52%
% of Gross Profit 3.48% 5.46% 5.16% 3.19% 3.19% 2.62% 2.64% 1.96% 2.34% 4.93% 3.36% 6.9% 50.0% 21.28% 34.38% 16.67% 68.54%
Operating Expenses $17.03M $13.66M $9.951M $10.67M $9.450M $10.05M $8.930M $7.560M $6.200M $4.750M $2.080M $2.800M $2.140M $2.820M $910.0K $1.490M $2.450M
YoY Change 24.66% 37.28% -6.77% 12.95% -5.97% 12.54% 18.12% 21.94% -25.71% 30.84% -24.11% 209.89% -38.93% -39.18%
Operating Profit $9.636M $2.594M $1.454M $1.226M $260.0K $1.000M $1.300M $2.120M $1.490M -$690.0K -$590.0K -$1.640M -$1.820M -$2.350M -$590.0K -$1.070M -$1.560M
YoY Change 271.5% 78.38% 18.57% 371.66% -74.0% -23.08% -38.68% 42.28% -64.02% -9.89% -22.55% 298.31% -44.86% -31.41%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2011 2007 2006 2005 2004 2003 2002 2001
Interest Expense -$320.0K -$360.0K -$610.0K -$960.0K -$950.0K -$1.550M -$1.460M
YoY Change -11.11% -40.98% -36.46% 1.05% -38.71% 6.16%
% of Operating Profit
Other Income/Expense, Net $586.1K -$66.17K $1.332M $33.29K $110.0K $130.0K $60.00K $30.00K $140.0K $0.00 $0.00 -$30.00K $20.00K $0.00 $0.00 $10.00K $60.00K
YoY Change -985.79% -104.97% 3901.39% -69.74% -15.38% 116.67% 100.0% -78.57% -100.0% -250.0% -100.0% -83.33%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2011 2007 2006 2005 2004 2003 2002 2001
Pretax Income $10.22M $2.528M $2.786M $1.260M $370.0K $1.130M $760.0K $2.150M $1.630M -$690.0K -$1.120M -$1.310M -$1.670M $1.610M -$1.540M -$2.610M -$2.960M
YoY Change 304.41% -9.28% 121.19% 240.43% -67.26% 48.68% -64.65% 31.9% -14.5% -21.56% -203.73% -204.55% -41.0% -11.82%
Income Tax $1.819M $571.6K $246.1K -$218.8K $450.0K $310.0K -$3.880M $100.0K $90.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 17.79% 22.62% 8.83% -17.37% 121.62% 27.43% -510.53% 4.65% 5.52% 0.0%
Net Earnings $8.403M $1.956M $2.540M $1.478M -$80.00K $820.0K $3.260M $2.050M $1.540M -$690.0K -$1.120M -$1.310M -$1.670M $1.570M -$1.590M -$2.690M -$2.960M
YoY Change 329.62% -23.0% 71.81% -1948.0% -109.76% -74.85% 59.02% 33.12% -14.5% -21.56% -206.37% -198.74% -40.89% -9.12%
Net Earnings / Revenue 22.09% 6.91% 10.4% 7.75% -0.43% 4.54% 19.73% 13.1% 11.54% -8.78% -49.78% -69.31% -170.41% 118.05% -162.24% -251.4% -120.33%
Basic Earnings Per Share $0.77 $0.18 $0.25 $0.19
Diluted Earnings Per Share $0.77 $0.18 $0.25 $0.19 -$10.32K $99.39K $388.1K $247.0K $184.7K -$87.23K -$208.2K -$322.7K -$537.0K $599.2K -$750.0K -$1.520M -$1.862M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2011 2007 2006 2005 2004 2003 2002 2001
Cash & Short-Term Investments $18.85M $13.48M $19.71M $6.840M $3.330M $5.990M $5.080M $3.700M $3.320M $140.0K $20.00K $90.00K $0.00 $160.0K $80.00K $100.0K
YoY Change 39.8% -31.59% 188.14% 105.41% -44.41% 17.91% 37.3% 11.45% -77.78% -100.0% 100.0% -20.0%
Cash & Equivalents $18.85M $13.48M $19.71M $6.840M $1.420M $2.500M $5.080M $3.700M $3.320M $140.0K $20.00K $90.00K $0.00 $160.0K $80.00K $100.0K
Short-Term Investments $0.00 $1.920M $3.490M
Other Short-Term Assets $906.8K $531.1K $940.9K $380.0K $350.0K $380.0K $590.0K $360.0K $50.00K $160.0K $350.0K
YoY Change 70.76% -43.56% 147.6% 8.57% -7.89% -35.59% 63.89% 620.0%
Inventory $12.40M $9.592M $5.015M $3.520M $1.950M $1.610M $1.720M $1.320M $900.0K $800.0K $0.00 $50.00K $150.0K $20.00K
Prepaid Expenses
Receivables $16.83M $10.49M $7.843M $6.790M $5.890M $2.090M $2.700M $3.240M $2.350M $370.0K $190.0K $410.0K $190.0K $10.00K $160.0K $90.00K
Other Receivables $0.00 $0.00 $0.00 $0.00 $10.00K $310.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $49.00M $34.10M $33.51M $17.53M $11.53M $10.38M $10.09M $8.630M $6.620M $1.470M $560.0K $500.0K $190.0K $220.0K $400.0K $210.0K
YoY Change 43.7% 1.76% 91.14% 52.04% 11.08% 2.87% 16.92% 30.36% 12.0% 163.16% -13.64% -45.0% 90.48%
Property, Plant & Equipment $16.20M $16.48M $13.65M $2.480M $2.420M $680.0K $680.0K $810.0K $520.0K $800.0K $60.00K $140.0K $950.0K $1.040M $210.0K $350.0K
YoY Change -1.68% 20.74% 450.37% 2.48% 255.88% 0.0% -16.05% 55.77% -57.14% -85.26% -8.65% 395.24% -40.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $840.0K $1.120M $1.370M $470.0K $140.0K
YoY Change -100.0% -25.0% -18.25% 191.49% 235.71%
Other Assets $3.868M $2.651M $1.884M $2.480M $2.160M $3.030M $2.710M $20.00K
YoY Change 45.89% 40.73% -24.05% 14.81% -28.71% 11.81%
Total Long-Term Assets $20.64M $19.72M $16.07M $5.220M $5.930M $4.840M $4.760M $1.280M $650.0K $800.0K $70.00K $230.0K $1.080M $1.230M $290.0K $450.0K
YoY Change 4.67% 22.72% 207.81% -11.97% 22.52% 1.68% 271.88% 96.92% -69.57% -78.7% -12.2% 324.14% -35.56%
Total Assets $69.63M $53.81M $49.58M $22.75M $17.46M $15.22M $14.85M $9.910M $7.270M $2.270M $630.0K $730.0K $1.270M $1.450M $690.0K $660.0K
YoY Change
Accounts Payable $2.282M $1.251M $789.4K $350.0K $620.0K $430.0K $540.0K $470.0K $510.0K $310.0K $950.0K $930.0K $1.270M $1.040M $1.120M $1.200M
YoY Change 82.41% 58.51% 125.54% -43.55% 44.19% -20.37% 14.89% -7.84% 2.15% -26.77% 22.12% -7.14% -6.67%
Accrued Expenses $1.546M $2.041M $1.654M $1.320M $1.040M $1.250M $840.0K $810.0K $710.0K $420.0K $2.590M $2.330M $1.230M $1.190M $700.0K $640.0K
YoY Change -24.26% 23.37% 25.32% 26.92% -16.8% 48.81% 3.7% 14.08% 11.16% 89.43% 3.36% 70.0% 9.38%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $900.0K $1.010M $1.350M $1.120M $6.960M $6.460M
YoY Change -10.89% -25.19% 20.54% -83.91% 7.74%
Long-Term Debt Due $226.4K $232.5K $236.3K $270.0K $0.00 $10.00K $10.00K $10.00K $30.00K $130.0K $1.100M $1.350M $780.0K $890.0K
YoY Change -2.66% -1.59% -12.49% -100.0% 0.0% 0.0% -76.92% -88.18% -18.52% 73.08% -12.36%
Total Short-Term Liabilities $15.75M $9.757M $7.563M $7.260M $4.360M $3.610M $3.780M $3.360M $2.740M $2.720M $4.610M $4.600M $5.310M $4.690M $9.590M $9.280M
YoY Change 61.48% 29.01% 4.17% 66.51% 20.78% -4.5% 12.5% 22.63% 0.22% -13.37% 13.22% -51.09% 3.34%
Long-Term Debt $7.813M $8.050M $8.280M $1.060M $0.00 $0.00 $10.00K $20.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -2.95% -2.78% 681.17% -100.0% -50.0%
Other Long-Term Liabilities $3.444M $2.326M $2.503M $2.770M $2.920M $1.010M $680.0K $120.0K $160.0K $110.0K
YoY Change 48.08% -7.09% -9.62% -5.14% 189.11% 48.53% 466.67% -25.0%
Total Long-Term Liabilities $11.26M $10.38M $10.78M $3.830M $2.920M $1.010M $690.0K $140.0K $160.0K $110.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 8.49% -3.78% 181.56% 31.16% 189.11% 46.38% 392.86% -12.5%
Total Liabilities $27.01M $20.13M $18.35M $11.09M $7.280M $4.620M $4.460M $3.500M $2.900M $2.830M $4.610M $4.600M $5.310M $4.690M $9.590M $9.280M
YoY Change 34.17% 9.74% 65.43% 52.34% 57.58% 3.59% 27.43% 20.69% 0.22% -13.37% 13.22% -51.09% 3.34%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2011 2007 2006 2005 2004 2003 2002 2001
Basic Shares Outstanding 10.96M shares 10.86M shares 10.01M shares 7.757M shares
Diluted Shares Outstanding 10.96M shares 10.87M shares 10.06M shares 7.836M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $71.605 Million

About VirTra Inc

VirTra, Inc. is a global provider of judgmental use of force training simulators, firearms training simulators and driving simulators for the law enforcement, military, educational and commercial markets. The company is headquartered in Chandler, Arizona and currently employs 112 full-time employees. The firm's patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship and related training that mimics real-world situations. Its firearms training simulator allows marksmanship and realistic scenario-based training to take place on a daily basis without the need for a shooting range, protective equipment, role players, safety officers, or a scenario-based training site. The company has developed a range of simulation training including capabilities such as multiscreen, video-based scenarios, scenario authoring ability, superior training scenarios, the patented Threat-Fire shoot-back system, gas-powered simulated recoil weapons, and more. Its simulator products include V-300 Simulator, V-180 Simulator, V-100 Simulator & V-100 MIL, V-Author and others.

Industry: Miscellaneous Manufacturing Industries Peers: 808 Renewable Energy Corp Air Industries Group Astrotech Corp Butler National Corp Byrna Technologies Inc Redwire Corp Innovative Solutions and Support Inc Momentus Inc RTX Corp Sidus Space Inc