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0 0.15963511972634 0.220068415051311 0.216647662485747 0.236043329532497 0.240592930444698 0.254275940706956 0.274800456100342
Stock impact report

VirTra Reports Fourth Quarter and Full Year 2023 Financial Results

VirTra, Inc. (VTSI) 
NASDAQ:AMEX Investor Relations: virtra.com/investor-relations
Company Research Source: GlobeNewswire
Annual Revenue Grows to a Record $38.0 Million, Marking a 34% Increase Net Income Increases to $8.4 Million in 2023 CHANDLER, Ariz., April 01, 2024 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement and military markets, reported results for the fourth quarter and full year ended December 31, 2023. The financial statements are available on VirTra’s website and here. Fourth Quarter 2023 Financial Summary: Total revenue increased 17% year-over-year to $10.1 millionGross profit increased 58% year-over-year to $8.4 million, or 83% of total revenueNet income increased by $1.4 million year-over-year to $2.8 millionAdjusted EBITDA totaled $1.7 millionCash and cash equivalents of $18.9 million at December 31, 2023 Full Year 2023 Financial Summary: Total revenue increased 34% to $38.0 millionGross profit increased 64% to $26.7 million, or 70% of to Show less Read more
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