Business

VirTra Reports Fourth Quarter and Full Year 2024 Financial Results

Fourth Quarter Bookings Grow 37% Sequentially to $12.2 Million Year-End Backlog Expands to $22.0 Million CHANDLER, Ariz., March 27, 2025 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement and military markets, reported results for the fourth quarter and full year ended December 31, 2024. The financial statements are available on VirTra’s website and

articleVirtra, Inc.March 27, 202514/company/virtra-inc/news/virtra-reports-fourth-quarter-full-200500508
VirTra Reports Fourth Quarter and Full Year 2024 Financial Results

About this update from Virtra, Inc.

[{"type":"image","alt":"VirTra, Inc.","displaySize":"","headline":null,"caption":"VirTra, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":205,"height":70,"url":"https://media.zenfs.com/en/globenewswire.com/c07388779110062f2330f7b509983acd"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/zTXzicWhMAvNIPwmAFvq5g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2MDtoPTEyMztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/c07388779110062f2330f7b509983acd","width":205,"height":70}},"lazy":false},{"type":"text","content":"Fourth Quarter Bookings Grow 37% Sequentially to $12.2 Million","length":62,"tagName":"p"},{"type":"text","content":"Year-End Backlog Expands to $22.0 Million","length":41,"tagName":"p"},{"type":"text","content":"CHANDLER, Ariz., March 27, 2025 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement and military markets, reported results for the fourth quarter and full year ended December 31, 2024. The financial statements are available on VirTra’s website and here.","length":410,"tagName":"p"},{"type":"text","content":"Fourth Quarter 2024 and Recent Operational Highlights:","length":54,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Fourth quarter bookings totaled $12.2 million, a 37% increase from Q3 2024, with a significant portion recorded in December, positioning VirTra for revenue conversion in early 2025.","length":181,"tagName":"p"}]},{"val":[{"type":"text","content":"Backlog grew to $22.0 million as of December 31, 2024, reflecting continued sales momentum despite federal funding delays.","length":122,"tagName":"p"}]},{"val":[{"type":"text","content":"Secured contracts with government and law enforcement agencies in Europe and Latin America, reinforcing VirTra’s expansion in international government and security training programs.","length":182,"tagName":"p"}]},{"val":[{"type":"text","content":"Secured first sale of the V-XR® training platform in Canada, marking early adoption of the Company’s extended reality training technology.","length":138,"tagName":"p"}]},{"val":[{"type":"text","content":"Maintained robust working capital at $34.8 million, positioning the Company for sustained growth and operational agility.","length":121,"tagName":"p"...

More updates from Virtra, Inc.

VirTrafirearms trainingtraining simulatorsfourth quarterfederal fundingTotal RevenueNet Income