VirTra Inc (VTSI)

[Schneidku40]

So based on 500k in quarterly revenue at the Peoria, AZ location, Virtra gets $35,000 per quarter. If it does extend to the other two lucky strike locations, that may be another 70k per quarter. The 3 locations would be about 400k per year in royalties, which isn't half bad considering 100% should be going to the bottom line. With the current share structure that's about 5 cents per share per year. *probably optimistic*

Edit- just looked back at their 3Q 10Q and it says they got 40k in licensing fees in that quarter, and for the 9 months had about 250k. I'm not sure where the other 120k in royalties fees came from other than MR? Perhaps some licensing fees of their software? So, with a couple more MR locations, it's not all that optimistic to hit $400k+ in royalties per year. They'll get 300k in 2017.