VirTra Inc (VTSI)

[fishhunter]

When you look at the pace of revenue growth, earnings growth, and balance sheet improvement over the last 5 years and extend that same sort of performance forward for several years it really makes today's valuation seem silly. As the CEO said, VirTra is at least a "20% grower", +20% for 5 years gets one to about 40 - 45mil in revenue in FY21 and net income of about 7 to 8 cents per share.

It is also pretty easy to put together a case for why the next 5 years will show even more growth than the previous 5 so I believe 20% might be conservative.

This is why I believe the only objective of any investor right now is to buy all the shares they can regardless of price as there is no practical difference between a price of 15 cents or 30 cents at this point.

VTSI right now reminds me of another tiny company I worked with back in the early/mid 1990s called Stratasys. When they were about $15mil in sales they came in and gave their pitch and pushed their stock a bit. I bought some but figured by that point everyone in the world knew about them. I had it exactly backward, no one knew about them. I gave up on the stock a year or so later for a small gain only to watch it go up and up and up over the following years. Could have made 30X my money instead of +30%. All of us here are very familiar with VirTra and VTSI but I guarantee it is an unknown company and unknown stock. That will change. The steps are in progress.