Friday, March 30, 2018 1:21:40 PM
Shifted revenue is still revenue. Increasing sales staff and promotional efforts is an excellent use of resources. Cleaning up the books ending in 2017 sets up even better performance potential for 2018. Example, MR 600k impairment hit was taken, while new locations are being opened, could bode well for future small, but lucrative equipment/license revenue stream.
Increased energy level and sales efforts notable, including the recent $1.3 and $4.6 million orders. Employee count increasing, now up to 80. And from the 10K PR, 'Orders booked in the first quarter for delivery and recognition during 2018 represent a record for VirTra...' not a bad way to start our new NASDAQ experience this year.
The one-time expenses and partial up-listing costs are now locked away in the past.
A clean, healthy balance sheet in place with lots of cash for growth and/or potential acquisitions, NASDAQ listing and a boatload of new orders portend a dynamic and robust future... And investment should always be based upon the future!
Recent VTSI News
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