VirTra Inc. Reports 15% Increase in Q2 Revenue, Positive Net Income, and Strong Gross Margins

Reuters
08/12
VirTra Inc. Reports 15% Increase in <a href="https://laohu8.com/S/QTWO">Q2</a> Revenue, Positive Net Income, and Strong Gross Margins

VirTra Inc., a global provider of judgmental use of force training simulators and firearms training simulators, reported its financial results for the second quarter and the first six months ended June 30, 2025. For the second quarter of 2025, VirTra reported a total revenue of $7.0 million, a 15% increase from the $6.1 million reported in the same period last year. This growth was primarily attributed to higher capital deliveries and stable recurring revenue from STEP and service contracts. The company's gross profit for the second quarter was $4.8 million, representing 69% of total revenue, compared to $5.5 million or 91% in the previous year's second quarter. Net income for the first six months was reported at $1.4 million, or $0.13 per diluted share, a decrease from $1.7 million, or $0.15 per diluted share, in the prior year period. Adjusted EBITDA for the first half of 2025 was $2.4 million, down from $2.9 million in the previous year. VirTra maintained a strong cash position with cash and cash equivalents amounting to $20.7 million as of June 30, 2025, up from $17.6 million at the end of the previous quarter. The company also reported a working capital of $34.1 million and a debt-light balance sheet, positioning it well for future execution. The company highlighted its continued strong gross margins and cost discipline, with backlog remaining solid at $18.8 million, supported by a balanced mix of capital, service, and STEP contracts. VirTra emphasized the attractiveness of international markets for growth and expressed commitment to pursuing multiple active opportunities.

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: 0001641172-25-022970), on August 11, 2025, and is solely responsible for the information contained therein.

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