VirTra Inc (VTSI)

[imawswami]

Tbonaces80 for laughs here's Earnings est. Q2

Just a guess based on the tidbits we know on sales and past earnings trends:

Virtra tops over 1 million for Q2 in total sales revenue, continuing a trend of beating quarter from previous year. Breakdown is as follows:

New system sales: 1,100,000
other............. 200,000+
Total sales.......$1.3 million

Net Income (barring extraordinary events)

...................$350,000
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Am not looking for Lockheed Martin announcement prior to earnings. Am hoping LM announcement is a fait accompli for Virtra, timing of deal though appears less certain.

Threatfire belt tied directly to the LM Next Generation Convoy Trainer appears the trigger point to further expansion into legacy systems:

http://www.lockheedmartin.com/data/assets/sts/ProductCards/CCS_PC.pdf

Next Generation Convoy Trainer systems are initially set for 10 locations, thus:

10 locations X 6 vechicle simulators each X 5 threatfire belts
= 300 Threatfire belts @ $2500 = $750,000 (or greater if they charge more) order split in some fashion between LM and Virtra based on current TF belt price.

More importantly, the NGC Trainer is meant to intergrate with legacy LM trainers, potentially creating a super training environment inclusive of local/regional/national/international elements, depending on the training parameters.

If the Threatfire belt is envisioned to be incorported into such a setting (and personal hunch it is), training simulators for tanks, personel carriers, supply viehicles, etc. etc. could be configured to support the use of the belt.

Imagining competiting defense contractors of simulation training systems licensing with Virtra for the same is definitely intriguing....

Am looking for an announcement on ThreatDynamics expansion, sometime after Sept., -breaking ground- not ready to open.

Obviously very optimistic here, but believe that this group is very aware of market forces within new industries, thus they will seek to run quicker than average. Would not be surprised if multiple unit announcement by one year anniversary.

Quarterly results of this magnitude, coupled with Virtra's purchase (w/ cash) of Dalby 5 million share pool, and a very quiet Virtra also re-enforces the belief (by myself at least) that this company is geared for continued double digit growth for the forseeable future.

just my take,
pete