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Re: value1008 post# 37079

Wednesday, 01/07/2015 7:00:09 PM

Wednesday, January 07, 2015 7:00:09 PM

Post# of 53784
Agree with your logic and math. Not sure we will get 24M in revs in 2015, but its a nice thought. Margins do improve significantly with increased revs. Also of note, the margins are much higher on the warranty, upgrade and service/support business. So, as the population of Virtra systems in the economy increases so do the margins.
Virtra restructured and lowered the price on their systems significantly around two years ago which appears to have made them more competitive as witnessed by the steady revenue growth. What is remarkable, is how they have managed to cut costs during the same time frame. Lets just hope they continue to do what they have been doing. GLTY!
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