VirTra Historical Income Statement

VTSI Stock

USD 6.83 0.02 0.29%

Historical analysis of VirTra income statement accounts such as Depreciation And Amortization of 1.7 M, Total Revenue of 45.9 M, Gross Profit of 32.2 M or Other Operating Expenses of 34.3 M can show how well VirTra Inc performed in making a profits. Evaluating VirTra income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of VirTra's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining VirTra Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether VirTra Inc is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VirTra Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

About VirTra Income Statement Analysis

VirTra Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to VirTra shareholders. The income statement also shows VirTra investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

VirTra Income Statement Chart

As of now, VirTra's Other Operating Expenses is increasing as compared to previous years. The VirTra's current Operating Income is estimated to increase to about 11.6 M, while Interest Expense is projected to decrease to under 56.6 K.

Gross Profit Other Operating Expenses Total Operating Expenses Selling General Administrative

Gross Profit

Gross profit is a required income statement account that reflects total revenue of VirTra Inc minus its cost of goods sold. It is profit before VirTra operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of VirTra Inc. It is also known as VirTra overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from VirTra's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into VirTra Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VirTra Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

	2023	2024	2025 (projected)
Total Revenue	38.0M	43.7M	45.9M
Depreciation And Amortization	1.4M	1.6M	1.7M

Total Revenue Depreciation And Amortization

VirTra income statement Correlations

	Depreciation And Amortization	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Net Income	Interest Expense	Selling General Administrative	Extraordinary Items	Income Tax Expense	Income Before Tax	Total Other Income Expense Net	Research Development	Net Income From Continuing Ops	Tax Provision	Reconciled Depreciation	Non Operating Income Net Other
Depreciation And Amortization		0.94	0.9	0.95	0.82	0.81	0.85	0.94	0.93	0.82	0.11	0.9	-0.2	0.72	0.85	0.66	0.82	0.79	0.73	0.92	0.8
Total Revenue	0.94		0.99	0.98	0.91	0.91	0.93	0.93	0.9	0.91	0.0	0.99	-0.31	0.72	0.93	0.53	0.79	0.87	0.74	0.85	0.76
Gross Profit	0.9	0.99		0.93	0.96	0.96	0.97	0.85	0.83	0.95	0.03	0.98	-0.25	0.74	0.97	0.46	0.78	0.92	0.77	0.82	0.69
Other Operating Expenses	0.95	0.98	0.93		0.81	0.8	0.83	0.98	0.95	0.82	-0.05	0.96	-0.38	0.65	0.85	0.58	0.77	0.77	0.65	0.85	0.83
Operating Income	0.82	0.91	0.96	0.81		1.0	1.0	0.71	0.72	0.98	0.09	0.89	-0.11	0.77	0.99	0.46	0.73	0.97	0.82	0.75	0.52
Ebit	0.81	0.91	0.96	0.8	1.0		1.0	0.7	0.71	0.99	0.09	0.89	-0.1	0.76	0.99	0.45	0.72	0.97	0.81	0.74	0.51
Ebitda	0.85	0.93	0.97	0.83	1.0	1.0		0.74	0.74	0.99	0.1	0.91	-0.12	0.77	0.99	0.47	0.74	0.97	0.81	0.77	0.55
Cost Of Revenue	0.94	0.93	0.85	0.98	0.71	0.7	0.74		0.96	0.73	-0.07	0.89	-0.41	0.6	0.76	0.63	0.74	0.66	0.59	0.83	0.83
Total Operating Expenses	0.93	0.9	0.83	0.95	0.72	0.71	0.74	0.96		0.75	-0.1	0.85	-0.33	0.58	0.77	0.75	0.7	0.71	0.58	0.79	0.8
Net Income	0.82	0.91	0.95	0.82	0.98	0.99	0.99	0.73	0.75		0.03	0.88	-0.14	0.66	0.98	0.46	0.71	0.98	0.72	0.73	0.49
Interest Expense	0.11	0.0	0.03	-0.05	0.09	0.09	0.1	-0.07	-0.1	0.03		-0.06	0.84	0.2	0.03	0.04	0.12	0.08	0.25	0.22	0.17
Selling General Administrative	0.9	0.99	0.98	0.96	0.89	0.89	0.91	0.89	0.85	0.88	-0.06		-0.37	0.69	0.91	0.43	0.76	0.84	0.7	0.81	0.76
Extraordinary Items	-0.2	-0.31	-0.25	-0.38	-0.11	-0.1	-0.12	-0.41	-0.33	-0.14	0.84	-0.37		-0.05	-0.17	-0.03	-0.17	-0.04	0.01	-0.14	-0.21
Income Tax Expense	0.72	0.72	0.74	0.65	0.77	0.76	0.77	0.6	0.58	0.66	0.2	0.69	-0.05		0.79	0.63	0.64	0.65	0.99	0.68	0.59
Income Before Tax	0.85	0.93	0.97	0.85	0.99	0.99	0.99	0.76	0.77	0.98	0.03	0.91	-0.17	0.79		0.53	0.74	0.96	0.83	0.76	0.55
Total Other Income Expense Net	0.66	0.53	0.46	0.58	0.46	0.45	0.47	0.63	0.75	0.46	0.04	0.43	-0.03	0.63	0.53		0.45	0.44	0.61	0.53	0.56
Research Development	0.82	0.79	0.78	0.77	0.73	0.72	0.74	0.74	0.7	0.71	0.12	0.76	-0.17	0.64	0.74	0.45		0.68	0.65	0.95	0.63
Net Income From Continuing Ops	0.79	0.87	0.92	0.77	0.97	0.97	0.97	0.66	0.71	0.98	0.08	0.84	-0.04	0.65	0.96	0.44	0.68		0.71	0.7	0.42
Tax Provision	0.73	0.74	0.77	0.65	0.82	0.81	0.81	0.59	0.58	0.72	0.25	0.7	0.01	0.99	0.83	0.61	0.65	0.71		0.69	0.56
Reconciled Depreciation	0.92	0.85	0.82	0.85	0.75	0.74	0.77	0.83	0.79	0.73	0.22	0.81	-0.14	0.68	0.76	0.53	0.95	0.7	0.69		0.75
Non Operating Income Net Other	0.8	0.76	0.69	0.83	0.52	0.51	0.55	0.83	0.8	0.49	0.17	0.76	-0.21	0.59	0.55	0.56	0.63	0.42	0.56	0.75

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VirTra Account Relationship Matchups

VirTra income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	591.9K	676.5K	1.3M	1.4M	1.6M	1.7M
Total Revenue	19.1M	24.4M	28.3M	38.0M	43.7M	45.9M
Gross Profit	11.9M	11.4M	16.3M	26.7M	30.7M	32.2M
Other Operating Expenses	18.4M	17.9M	25.7M	28.4M	32.7M	34.3M
Operating Income	1.2M	1.5M	2.6M	9.6M	11.1M	11.6M
Ebit	1.2M	1.5M	2.2M	10.2M	11.8M	12.3M
Ebitda	1.9M	2.4M	3.5M	11.6M	13.4M	14.1M
Cost Of Revenue	7.2M	13.0M	12.0M	11.4M	13.1M	13.7M
Total Operating Expenses	10.7M	23.0M	13.7M	17.0M	19.6M	20.6M
Net Income	1.5M	2.5M	2.0M	8.4M	9.7M	10.1M
Selling General Administrative	9.1M	8.1M	11.1M	14.2M	16.4M	17.2M
Income Tax Expense	(218.8K)	246.1K	571.6K	1.8M	2.1M	2.2M
Income Before Tax	1.3M	2.8M	2.5M	10.2M	11.8M	12.3M
Total Other Income Expense Net	33.3K	1.3M	(66.2K)	586.1K	527.5K	571.6K
Net Income Applicable To Common Shares	818.1K	(75.3K)	1.5M	2.5M	2.3M	1.6M
Research Development	1.6M	1.9M	2.6M	2.8M	3.2M	1.7M
Net Income From Continuing Ops	1.5M	2.5M	2.0M	7.0M	8.1M	8.5M
Tax Provision	(218.8K)	246.1K	571.6K	2.3M	2.6M	2.8M
Reconciled Depreciation	676.5K	899.3K	1.3M	1.4M	1.6M	856.3K

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When determining whether VirTra Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VirTra's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Virtra Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Virtra Inc Stock:

How To Invest In VirTra

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Is VirTra Stock a good investment?

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What is VirTra's Net Worth?

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Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VirTra. If investors know VirTra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VirTra listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.67)

Earnings Share

0.53

Revenue Per Share

2.888

Quarterly Revenue Growth

(0.01)

Return On Assets

0.0543

The market value of VirTra Inc is measured differently than its book value, which is the value of VirTra that is recorded on the company's balance sheet. Investors also form their own opinion of VirTra's value that differs from its market value or its book value, called intrinsic value, which is VirTra's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VirTra's market value can be influenced by many factors that don't directly affect VirTra's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between VirTra's value and its price as these two are different measures arrived at by different means. Investors typically determine if VirTra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VirTra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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VirTra Historical Income Statement

About VirTra Income Statement Analysis

VirTra Income Statement Chart

Gross Profit

Other Operating Expenses

Total Operating Expenses

VirTra income statement Correlations

VirTra Account Relationship Matchups

High Positive Relationship

High Negative Relationship

VirTra income statement Accounts

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Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Gross Profit	+ 0.99	Total Revenue
Selling General Administrative	+ 0.99	Total Revenue
Income Before Tax	+ 0.99	Operating Income

Extraordinary Items	- 0.41	Cost Of Revenue
Extraordinary Items	- 0.38	Other Operating Expenses
Extraordinary Items	- 0.37	Selling General Administrative
Extraordinary Items	- 0.33	Total Operating Expenses
Extraordinary Items	- 0.31	Total Revenue
Extraordinary Items	- 0.25	Gross Profit