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fishhunter

11/14/16 4:40 PM

#40014 RE: fishhunter #40013

On the bright side...

Balance sheet keeps getting better and better. Large increase in cash this FY. Also, VirTra share of Mod Round is only valued at $136k on the balance sheet. This is very conservative.

Revenue through 9 months of 2017 is about equal to that of the entire 12month 2016 fiscal year. The accounts receivable and deferred rev lines in the balance sheet suggest a really good upcoming Q4.

EPS through 9 months of 2017 is 15cents which should be more than enough to support the current share price.

IF Q4 comes in strong (say $5mil rev, EPS of 5cents) then VirTra still gets to EPS of 20cents this FY and revenue will be about 25%+ ahead of last year.

Again, pressure these guys for GUIDANCE!