In This Article:
VirTra (NASDAQ:VTSI) Full Year 2024 Results
Key Financial Results
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Revenue: US$26.4m (down 32% from FY 2023).
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Net income: US$1.36m (down 85% from FY 2023).
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Profit margin: 5.2% (down from 24% in FY 2023). The decrease in margin was driven by lower revenue.
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EPS: US$0.12 (down from US$0.83 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
VirTra Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 9.3%. Earnings per share (EPS) also missed analyst estimates by 61%.
The primary driver behind last 12 months revenue was the Simulators and Accessories segment contributing a total revenue of US$13.9m (53% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$14.4m (80% of total expenses). Explore how VTSI's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Aerospace & Defense industry in the US.
Performance of the American Aerospace & Defense industry.
The company's shares are down 18% from a week ago.
Risk Analysis
Be aware that VirTra is showing 2 warning signs in our investment analysis that you should know about...
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