VirTra Inc (VTSI)

[fishhunter]

Bill, How can you even say something so silly as they "...will never do more than 30-50M in sales..."

Crystal clear they are a proven 20%+ grower:
2009: 4.35mil
2010: 6.42mil (+47%)
2011: 7.86mil (+22%)
2012: 8.83mil (+12%)
2013: 9.82mil (+11%)
2014: 9.8mil (+0%)
2015: 13.5mil (+38%)
2016: 17mil est. (+26%)
2017: 20.4 est (+20%)
2018: 24.5 est (+20%)
2019: 29.4 est (+20%)
2020: 35.3 est (+20%)
2021: 42.3 est (+20%)

Furthermore, when there are single contracts/awards/jobs out there to be won that are worth $40mil, it suggests to me a market that is huge.

Think about your own state or mine. Here in Wis we have 72 counties all with their own sheriff's depts. Then we have literally hundreds of cities with their own police departments. I live in a town with 1800 people and we have 3 full time cops and they have a new F150 squad, a new Harley squad, and a SUV squad. Point is, even in a tiny nothing town there is enough money and will available to buy a VirTra system once they become a must.

Lastly, VirTra EPS has grown slightly faster than revenue and that could really accelerate going forward.

Lastly, think what an attractive acquisition VirTra would be to someone else. And it could be done in a hostile fashion since Ferris only owns about 10%.