VirTra, Inc.
VirTra, Inc. (VTSI) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for VirTra, Inc. (VTSI), featuring income statements, balance sheets, and cash flow data.
VirTra, Inc. (VTSI) Income Statement & Financial Overview
Access detailed annual and quarterly income data for VirTra, Inc. VTSI financial performance.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $4.70M | $7.48M | $6.08M | $8.09M |
| Cost of Revenue | $1.77M | $1.99M | $550424.00 | $2.63M |
| Gross Profit | $2.93M | $5.50M | $5.52M | $5.46M |
| Gross Profit Ratio | $0.62 | $0.73 | $0.91 | $0.67 |
| R&D Expenses | $729880.00 | $724757.00 | $855285.00 | $693380.00 |
| SG&A Expenses | $3.49M | $4.02M | $3.54M | $3.37M |
| Operating Expenses | $4.22M | $4.74M | $4.39M | $4.06M |
| Total Costs & Expenses | $5.99M | $6.73M | $4.94M | $6.70M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $343696.00 | $0.00 | $0.00 | $364439.00 |
| EBITDA | -$945364.00 | $755632.00 | $1.65M | $1.63M |
| EBITDA Ratio | -$0.20 | $0.10 | $0.27 | $0.20 |
| Operating Income | -$1.29M | $755632.00 | $1.13M | $1.40M |
| Operating Income Ratio | -$0.27 | $0.10 | $0.19 | $0.17 |
| Other Income/Expenses (Net) | -$266974.00 | $35469.00 | $156870.00 | $329271.00 |
| Income Before Tax | -$1.56M | $791101.00 | $1.29M | $1.73M |
| Income Before Tax Ratio | -$0.33 | $0.11 | $0.21 | $0.21 |
| Income Tax Expense | $80286.00 | $208000.00 | $87564.00 | $511437.00 |
| Net Income | -$1.64M | $583101.00 | $1.20M | $1.22M |
| Net Income Ratio | -$0.35 | $0.08 | $0.20 | $0.15 |
| EPS | -$0.15 | $0.05 | $0.11 | $0.11 |
| Diluted EPS | -$0.15 | $0.05 | $0.11 | $0.11 |
| Weighted Avg Shares Outstanding | $11.26M | $11.18M | $11.06M | $10.96M |
| Weighted Avg Shares Outstanding (Diluted) | $11.26M | $11.18M | $11.07M | $10.96M |
The company's financials show resilient growth, with revenue advancing from $8.09M in Q1 2024 to $4.70M in Q4 2024. Gross profit remained healthy with margins at 62% in Q4 2024 compared to 67% in Q1 2024. Operating income hit -$1.29M last quarter, sustaining a consistent -27% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$945364.00. Net income dropped to -$1.64M, while earnings per share reached -$0.15. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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