VirTra Inc. Reports Q1 2025: Net Income Rises to $1.3 Million, Bookings Surge 120%, Diluted EPS Climbs to $0.11

Reuters
2025/05/13
VirTra Inc. Reports Q1 2025: Net Income Rises to $1.3 Million, Bookings Surge 120%, Diluted EPS Climbs to $0.11

VirTra Inc., a provider of judgmental use of force training simulators and firearms training simulators for law enforcement and military markets, released its financial results for the first quarter of 2025. The company reported a net income of $1.3 million, up from $0.5 million in the same quarter of the previous year. Total revenue slightly declined by 1.37%, amounting to $7.2 million compared to $7.3 million in Q1 2024. Gross profit increased by 10% to $5.2 million, with gross margins improving to 72.6% from 64.2%. Adjusted EBITDA rose to $1.7 million from $1.2 million a year earlier. Additionally, the company reported a significant increase in bookings, totaling $6.4 million in the first quarter, up from $2.9 million in Q1 2024. Over the last twelve months, bookings reached $33.4 million. VirTra highlighted an increased demand for its V-XR platform, with the first delivery expected in the second quarter. The company also reentered the General Services Administration (GSA) procurement program, offering standardized product bundles to facilitate purchasing processes for eligible agencies. VirTra aims to convert these opportunities into growth in the upcoming quarters.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VirTra Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-009682), on May 12, 2025, and is solely responsible for the information contained therein.

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