VirTra FY2022 revenue $28.3M (+16% YoY), record backlog $27.7M, Q4 EPS $0.13

VirTra, Inc

2023-Q1 EPS reported $0.27 revenue$10,026,935

Total revenue $28.3M for 2022, up 16% YoY; Q4 revenue $8.7M (+1% YoY).
Record backlog of $27.7M at Dec 31, 2022, up 20% YoY; record bookings $33.0M.
Q4 net income $1.4M ($0.13 diluted EPS); FY net income $2.0M ($0.18 diluted EPS).
Q4 gross margin improved to 61.4% (vs 32.7% in Q4 2021); FY gross margin 57.4%.
Adjusted EBITDA of $3.6M for FY2022, up 72% YoY; Q4 adjusted EBITDA $1.7M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

VirTra, Inc reported financial results for the fourth quarter and fiscal year ended December 31, 2022.

Period: the fourth quarter and fiscal year ended December 31, 2022
Result: reported results

Exact text from the filing

On March 31, 2023, VirTra, Inc. issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 31, 2022.

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VirTra, Inc filing history →

Source: SEC EDGAR

accession 0001493152-23-010253

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