VirTra, Inc. (VTSI) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1,000%. A quarter ago, it was expected that this company would post earnings of $0.07 per share when it actually produced a loss of $0.08, delivering a surprise of -214.29%.Over the last four quarters, the company has ...

VirTra (VTSI) Q1 2025 Earnings Call May 12, 2025 04:30 PM ET Speaker0 Good afternoon, and welcome to VirTra's First Quarter twenty twenty five Earnings Conference Call. My name is Maria, and I will be your operator for today's call. Joining us for today's presentation are the company's CEO, John Gibbons and CFO, Alana Boudreaux. Following their remarks, we will open the call for questions. Before we begin the call, I would like to provide VirTra's Safe Harbor statement that includes cautions regarding forwa ...

Exhibit 99.1 VirTra Reports First Quarter 2025 Financial Results Net Income Rises to $1.3 Million Bookings Up 120% Year Over Year to $6.4 Million CHANDLER, Ariz. — May 12, 2025 — VirTra, Inc. (Nasdaq: VTSI) ("VirTra" or the "Company"), a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement and military markets, reported results for the first quarter ended March 31, 2025. The financial statements are available on VirTra's website and here. Fi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | --- | --- | --- | | Common Stock, $0.0001 par value | ...

Net Income Rises to $1.3 Million Bookings Up 120% Year Over Year to $6.4 Million CHANDLER, Ariz., May 12, 2025 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement and military markets, reported results for the first quarter ended March 31, 2025. The financial statements are available on VirTra’s website and here. First Quarter 2025 and Recent Operational Highligh ...

CHANDLER, Ariz., April 28, 2025 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement and military markets, will hold a conference call on Monday, May 12, 2025 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2024. Financial results will be issued in a press release prior to the call. VirTra m ...

VirTra, Inc. (NASDAQ: VTSI ) , a micro-cap U.S.-based company by market standards, makes immersive simulation training systems. These are used by law enforcement, military, and security personnel in various parts of the world. The company is known, at least withinThe mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusing on small- to mid-cap c ...

VirTra, Inc. (NASDAQ:VTSI) Q4 2024 Earnings Conference Call March 27, 2025 4:30 PM ET Company Participants John Givens ??? Chief Executive Officer Alanna Boudreau ??? Chief Financial Officer Conference Call Participants Jaeson Schmidt ??? Lake Street Capital Markets Richard Baldry ??? ROTH Capital Partners Operator Good afternoon, and welcome to VirTra’s Fourth Quarter and Full Year 2024 Earnings Call. My name is Diego, and I will be your operator for today’s call. Joining us for today’s presentation are th ...

Financial Performance - VirTra, Inc. reported a quarterly loss of $0.08 per share, missing the Zacks Consensus Estimate of $0.07, and a significant decline from earnings of $0.25 per share a year ago, representing an earnings surprise of -214.29% [1] - The company posted revenues of $5.4 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 33.25%, and down from $10.12 million in the same quarter last year [2] - Over the last four quarters, VirTra has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Performance - VirTra shares have declined approximately 21.5% since the beginning of the year, contrasting with the S&P 500's decline of -2.9% [3] - The current Zacks Rank for VirTra is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.10 on revenues of $8.5 million, and for the current fiscal year, it is $0.58 on revenues of $39.16 million [7] - The trend of estimate revisions for VirTra is mixed, and changes in these estimates may occur following the recent earnings report [6] Industry Context - The Electronics - Military industry, to which VirTra belongs, is currently ranked in the top 32% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]

Financial Performance - Total revenue for the fourth quarter was $5.4 million, a decrease of 50% compared to $10.9 million in the prior year period[3]. - For the full year 2024, total revenue was $26.4 million, a decline of 32% from $38.8 million in 2023[10]. - Total revenue for 2024 decreased to $26,350,819 from $38,791,337 in 2023, representing a decline of approximately 32%[30]. - Gross profit for the fourth quarter was $3.7 million, representing a gross margin of 68.5%, down from 84.4% in the prior year[3]. - Gross profit for 2024 was $19,412,515, down from $27,413,073 in 2023, indicating a decrease of about 29%[30]. - Net loss for the fourth quarter was $(0.9) million, or $(0.08) per diluted share, compared to net income of $3.5 million, or $0.32 per diluted share, in the fourth quarter of 2023[15]. - Net income for 2024 was $1,363,681, a significant drop from $9,150,835 in 2023, reflecting a decline of approximately 85%[30]. - Adjusted EBITDA for the fourth quarter was $(1.8) million, compared to $3.0 million in the fourth quarter of 2023[16]. Cash and Liquidity - Cash and cash equivalents were $18.0 million at December 31, 2024, providing a solid liquidity position[18]. - Cash and cash equivalents at the end of 2024 were $18,040,827, down from $18,849,842 at the end of 2023, a decrease of approximately 4%[32]. - The company reported a net cash provided by operating activities of $1,257,266 in 2024, down from $6,682,616 in 2023, a decline of approximately 81%[32]. Backlog and Bookings - Fourth quarter bookings increased by 37% sequentially to $12.2 million, with a significant portion recorded in December, positioning the company for revenue conversion in early 2025[6]. - Year-end backlog expanded to $22.0 million as of December 31, 2024, reflecting continued sales momentum despite federal funding delays[6]. Expenses and Liabilities - Operating expenses increased slightly to $17,416,184 in 2024 from $17,029,508 in 2023, showing an increase of about 2%[30]. - Total liabilities decreased to $19,762,198 in 2024 from $27,012,175 in 2023, representing a reduction of approximately 27%[30]. Research and Development - Research and development expenses increased to $3,003,302 in 2024 from $2,794,314 in 2023, an increase of about 7%[30]. Assets - Total assets decreased to $65,453,086 in 2024 from $70,382,019 in 2023, a decline of about 7%[30]. Federal Funding and Growth Outlook - The company is focused on expanding its role in federal law enforcement training initiatives and has secured contracts in Europe and Latin America[5]. - The company anticipates continued variability in federal funding cycles but remains optimistic about long-term growth in tactical training needs[9]. Share Information - The weighted average shares outstanding for basic shares increased to 11,162,917 in 2024 from 10,958,448 in 2023, an increase of about 2%[30].