VirTra Inc (VTSI)

[The_Gman]

VirTra, Inc. :VTSI-US: Earnings Analysis: Q2, 2017 By the Numbers : September 18, 2017

http://www.capitalcube.com/blog/index.php/virtra-inc-vtsi-us-earnings-analysis-q2-2017-by-the-numbers-september-18-2017/?yptr=yahoo

VirTra, Inc. reports financial results for the quarter ended June 30, 2017.

We analyze the earnings along side the following peers of VirTra, Inc. – MKS Instruments, Inc., Emerson Electric Co., Clearsign Combustion Corporation, Honeywell International Inc., Cognex Corporation and Hurco Companies, Inc. (MKSI-US, EMR-US, CLIR-US, HON-US, CGNX-US and HURC-US) that have also reported for this period.

Highlights

Summary numbers: Revenues of USD 5.25 million, Net Earnings of USD 1.65 million.
Gross margins widened from 58.21% to 71.41% compared to the same period last year, operating (EBITDA) margins now 31.98% from 3.98%.
Year-on-year change in operating cash flow of -117.02% is about the same as the change in earnings, likely no significant movement in accruals or reserves.
Earnings growth from operating margin improvements as well as one-time items.
The table below shows the preliminary results and recent trends for key metrics such as revenues and net income growth: