VirTra
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. VirTra's past years’ income statements indicate that its last revenue has increased compared to the previous period by 34% to $38,043,360. The net income raised on $8,402,858 and profit margin reached 22%. Total operating expenses were $17,029,508.
Profit Margin
| 2014 | 9.86M | 1.26M | 12.79% |
|---|---|---|---|
| 2015 | 13.34M | 1.53M | 11.52% |
| 2016 | 15.65M | 2.05M | 13.1% |
| 2017 | 16.52M | 3.26M | 19.74% |
| 2018 | 18.08M | 818.09K | 4.52% |
| 2019 | 18.71M | -75.27K | -0.4% |
| 2020 | 19.08M | 1.47M | 7.75% |
| 2021 | 24.43M | 2.54M | 10.4% |
| 2022 | 28.30M | 1.95M | 6.91% |
| 2023 | 38.04M | 8.40M | 22.09% |
VTSI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 38.04M | 28.30M | 24.43M | 19.08M | 18.71M | 18.08M | 16.52M | 15.65M | 13.34M | 9.86M |
Cost of revenue | 11.37M | 12.04M | 13.02M | 7.18M | 8.99M | 7.03M | 6.29M | 5.97M | 5.65M | 4.35M |
Gross profit | 26.66M | 16.25M | 11.40M | 11.90M | 9.71M | 11.04M | 10.23M | 9.68M | 7.69M | 5.50M |
Operating exp. | ||||||||||
Research and development | 2.79M | 2.60M | 1.86M | 1.60M | 1.34M | 1.35M | 1.28M | 1.1M | 1.66M | 1.07M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 17.02M | 13.66M | 9.95M | 10.67M | 9.45M | 10.04M | 8.92M | 7.55M | 6.19M | 4.24M |
Operating income | 9.63M | 2.59M | 1.45M | 1.22M | 262.31K | 999.90K | 1.30M | 2.12M | 1.49M | 1.26M |
Other income (expenses), net | 586.08K | -66.16K | 1.33M | 33.29K | 109.13K | 128.18K | -549.52K | 26.44K | 135.96K | -2.40K |
Income before tax | 10.22M | 2.52M | 2.78M | 1.25M | 371.44K | 1.12M | 756.99K | 2.15M | 1.62M | 1.26M |
Income tax expense | 1.81M | 571.64K | 246.05K | -218.8K | 446.72K | 309.99K | -2.50M | 102.75K | 89.56K | 2.40K |
Net income | 8.40M | 1.95M | 2.54M | 1.47M | -75.27K | 818.09K | 3.26M | 2.05M | 1.53M | 1.26M |
Earnings per share | ||||||||||
Basic EPS | 0.77 | 0.18 | 0.25 | 0.19 | -0.00 | 0.1 | 0.41 | 0.26 | 0.19 | 0.16 |
Diluted EPS | 0.77 | 0.18 | 0.25 | 0.19 | -0.00 | 0.09 | 0.41 | 0.26 | 0.19 | 0.16 |
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