John F. Givens II
John F. Givens II, the current Chief Executive Officer of VirTra, will serve as the Chairman of the Board.
Highest-materiality recent filing
VirTra Q1 revenue $3.5M (-51% YoY); net loss $(1.3M) vs profit $1.3M
Revenue $3.5M (down 51% YoY); net loss $(1.3M) or $(0.12)/share vs net income $1.3M or $0.11/share.
VirTra reports 2025 revenue $22.4M down 15% YoY; net income falls to $0.3M
Full-year revenue $22.4M vs $26.4M (restated); gross margin 68% vs 74%.
VirTra Q3 2025 revenue $5.3M, down 29% YoY; net loss $0.4M vs income $0.6M
Q3 2025 revenue $5.3M (-29% YoY); net loss $0.4M, diluted EPS -$0.03 vs $0.05 profit in Q3 2024.
VirTra Q2 revenue up 15% to $7.0M; net income falls to $0.2M from $1.2M YoY
Q2 2025 revenue $7.0M vs $6.1M YoY (+15%); gross margin 69% (down from 91% due to product mix).
VirTra Q1 net income $1.3M, bookings up 120% YoY to $6.4M
Net income $1.3M ($0.11 EPS) vs $0.5M ($0.04 EPS) in Q1 2024; adjusted EBITDA $1.7M up 22%.
VirTra Q4 revenue $5.4M, down 50% YoY; net loss $0.9M vs net income $3.5M prior year
Q4 bookings $12.2M, up 37% sequentially; backlog $22M at year-end 2024.
VirTra Q3 revenue flat at $7.5M; net income falls to $0.6M; bookings up 51% QoQ to $8.9M
Q3 revenue $7.5M (flat YoY); gross margin 73% vs 71% a year ago.
VirTra Q2 revenue falls 41% to $6.1M; gross margin 91%, EPS $0.11, bookings double sequentially
Revenue $6.1M, down 41% YoY; net income $1.2M ($0.11 diluted EPS) vs $1.0M ($0.09).
VirTra Q1 revenue falls 19% to $8.1M; net income drops to $1.2M
Total revenue $8.1M, down 19% from $10.0M YoY; net income $1.2M ($0.11 EPS) vs $2.9M ($0.27).
VirTra reports record 2023 revenue $38.0M (+34% YoY); Q4 adj EBITDA corrected to $2.2M
FY 2023 revenue $38.0M (record, +34% YoY); net income $8.4M (from $2.0M); diluted EPS $0.77.
VirTra reports record annual revenue $38.0M (+34% YoY); net income $8.4M
Full-year 2023 revenue $38.0M, up 34% from $28.3M; net income $8.4M vs $2.0M.
VirTra Q3 revenue up 54% to $7.6M; net income $1.6M vs loss $0.8M YoY
Q3 revenue $7.6M (+54% YoY); gross margin 71% vs 51%; net income $1.6M, EPS $0.15 vs ($0.07).
John Givens appointed CEO of VirTra; founder Ferris becomes Executive Chairman
John Givens becomes CEO effective Aug 15, 2023; previously co-CEO since May 2022.
VirTra reports record Q2 revenue $10.3M (+29% YoY); net income $1.0M
Q2 2023 revenue $10.3M (record), up 29% YoY from $8.0M; net income $1.0M vs $0.8M.
VirTra reports record Q1 revenue of $10M, net income of $2.9M, up 411% YoY
Revenue $10.0M (record), up 48% YoY; gross profit $6.9M (69.3% margin) vs $3.7M (54.6%).
VirTra FY2022 revenue $28.3M (+16% YoY), record backlog $27.7M, Q4 EPS $0.13
Total revenue $28.3M for 2022, up 16% YoY; Q4 revenue $8.7M (+1% YoY).
VirTra Q3 bookings record $16.7M, backlog record $28.3M; net loss $803K
Record Q3 bookings of $16.7M (+52% YoY); backlog of $28.3M (+30%)
CFO Danielle De Rosa-Diaz resigns effective Oct 27, 2022; replacement search underway
Danielle De Rosa-Diaz resigned as CFO effective October 27, 2022; resignation not due to accounting principle disagreements.
VirTra Q2 revenue up 52% to $8.0M; net income $787k; COO Burlend departs
Total revenue $8.0M, up 52% YoY; net income $787k ($0.07 diluted EPS) vs $529k ($0.05) in Q2 2021.
VirTra Q1 revenue up 52% to $6.8M; net income $577K; backlog $21.0M
Total revenue $6.8M (+52% YoY); gross profit $3.7M (+44%); net income $577K ($0.05 diluted EPS).
Full-year 2021 revenue $24.4M (+28% YoY); bookings $32.9M (+44%); record backlog $23.1M (+58%).
VirTra receives Nasdaq delisting notice for late Q1 2022 Form 10-Q
Nasdaq notified VirTra on May 17, 2022, for non-compliance with Listing Rule 5250(c)(1) due to untimely filing.
VirTra appoints John Givens as co-CEO, effective May 2, 2022
John Givens, a director since Nov 2020, named co-CEO alongside Chairman Bob Ferris.
Nasdaq notified VirTra on April 5, 2022, of non-compliance with Listing Rule 5250(c)(1) due to late 2020 10-K filing.
VirTra reports record 2021 orders of $32.7M, up 37% YoY; delays 10-K filing due to ERP audit issues
Sales orders received in 2021 total record $32.7M, a 37% increase from 2020.
VirTra Q3 net income $1.3M; record backlog $21.7M; $24.5M DHS contract awarded
Net income of $1.3M ($0.12 diluted EPS) vs $0.9M ($0.11) in Q3 2020; includes $1.3M PPP loan forgiveness gain.
John F. Givens II, the current Chief Executive Officer of VirTra, will serve as the Chairman of the Board.
On July 3, 2024, Robert D. Ferris resigned as the Executive Chairman and a director of VirTra, Inc. effective July 12, 2024.
Robert Ferris, the Company’s founder and current chairman and co-CEO will transition to the position of Executive Chairman of the Board.
Effective August 15, 2023, John Givens will assume the role of the Company’s Chief Executive Officer (CEO).
The registrant’s Board of Directors has appointed Jim McDonnell, 63, as an independent member to the Board, effective January 1, 2023.
The vacancy on the Board of Directors was created by the resignation of James Richardson, which was effective December 31, 2022.
Effective December 1, 2022, VirTra appointed Alanna Boudreau, 43, as its Chief Financial Officer.
Effective October 27, 2022, Danielle De Rosa-Diaz resigned as the registrant’s Chief Financial Officer.
Also, effective August 24, 2022, Marsha Foxx was terminated as the Chief Accounting Officer of VirTra.
Effective August 24, 2022, VirTra appointed Danielle De Rosa-Diaz, 45, as its Chief Financial Officer.
Effective August 16, 2022, VirTra’s Chief Operating Officer, Vice President and Director, Matt Burlend, departed the Company.
On May 2, 2022, VirTra, Inc. announced the appointment of John Givens as its co-Chief Executive Officer.
Max materiality 0.85 · Median 0.65 · Most common event earnings