CHANDLER, Ariz., Nov. 10, 2025 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use-of-force and firearms training simulators, reported results for the third quarter ended September 30, 2025. The financial statements are available on VirTra’s website and here. Third Quarter 2025 and Recent Operational Highlights Bookings totaled $8.4 million in Q3 2025.Secured a $4.8 million multi-site contract to deliver law enforcement training systems in Colombi ...

CHANDLER, Ariz., Oct. 27, 2025 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use-of-force and firearms training simulators, will hold a conference call on Monday, November 10, 2025 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2025. Financial results will be issued in a press release prior to the call. VirTra management will host the presentation, followed by a quest ...

Core Insights - VirTra, Inc. successfully demonstrated its next-generation Soldier Virtual Training (SVT) system, exceeding U.S. Army requirements [1][3] - The demonstration showcased the portable V-100® simulator, focusing on soldier readiness in weapon skills, joint fires, and use-of-force [2][4] - The V-100® system offers fast setup, intuitive operation, ballistic accuracy, and data analytics to enhance training effectiveness [3][5] Company Technology and Features - The V-100® simulator integrates multiple weapons and features recoil kits and magazines, emphasizing immersive training [4][6] - APEX™, an advanced analytics platform, provides actionable insights for instructors, tracking metrics like accuracy and reaction time [5][6] - Every new simulator will include APEX at no additional cost, enhancing data-driven training accountability [6] Research and Validation - Studies from The Ohio State University and the University of Chicago validate the effectiveness of VirTra's training systems [7][8] - The University of Chicago study reported a 23% reduction in use-of-force incidents among trained officers, alongside significant decreases in racial disparities in arrests [7][8] Market Position and Commitment - VirTra is committed to providing science-based training solutions that improve performance in critical environments [4][8] - The company's technologies are utilized globally across military, law enforcement, and public safety sectors to enhance decision-making and reduce risks [9]

Core Insights - VirTra, Inc. announced the launch of its new V-One Portable Simulator, which will be showcased at the IACP Conference, emphasizing its compact and portable design for immersive training [1][5]. Product Features - The V-One is an all-in-one simulator that combines realism and interactivity in a durable travel case, allowing for easy deployment and training anywhere [2][4]. - Key features include an integrated 4K projector, camera hardware, built-in storage for training pistols, and a quick setup time of under two minutes [7]. Market Positioning - The launch of the V-One aims to democratize access to high-quality simulation training for law enforcement and military agencies of all sizes and budgets [4]. - VirTra's CEO highlighted the importance of making advanced training technology accessible, reflecting the company's commitment to enhancing training capabilities across various organizations [4]. Event Participation - VirTra will conduct live demonstrations of the V-One and showcase new training scenarios at the IACP Conference from October 18-21 [5]. Company Background - VirTra has been a provider of judgmental use-of-force and firearms training simulators since 1993, focusing on realistic training to prepare officers for challenging real-world situations [6].

Core Insights - VirTra, Inc. has received a $4.8 million multi-site award from the Bogotá Law Enforcement and Professional Division, part of the U.S. Department of State's Bureau of International Narcotics and Law Enforcement Affairs (INL), expected to be completed by mid-2026 [1][2] Group 1: Award Details - The award aims to enhance law enforcement training in Colombia, aligning with U.S. foreign assistance goals focused on police training and capacity building [2] - VirTra will provide seven four-screen V-ST PRO systems, along with Recoil Kits (RKs) and Advanced Skills Magazines (ASMs), to improve marksmanship training across various sites [3][4] Group 2: Technology and Training Capabilities - The V-ST PRO system features VirTra's proprietary V-Marksmanship program, allowing for diverse target training and scenarios that are challenging to replicate in traditional settings [3] - The simulator technology includes components that simulate reloads, malfunctions, and weapon handling skills, providing realistic training environments [4] Group 3: Company Growth and Future Prospects - The award signifies a milestone in VirTra's international growth and reflects the confidence global agencies have in its training technology [5] - The company recently announced full deployment with the Royal Canadian Mounted Police (RCMP) and is strengthening relationships with law enforcement agencies worldwide [5]

Core Insights - VirTra, Inc. has achieved full deployment of 20 training simulators for the Royal Canadian Mounted Police (RCMP) after successful field testing and validation [1][4] - The deployment follows the completion of the approval and certification process, indicating potential for future system purchases across Canada [2][4] - The training systems received positive feedback for their accuracy, reliability, and real-world readiness during rigorous testing [3][4] Company Overview - VirTra is a global provider of judgmental use-of-force training simulators and firearms training simulators for law enforcement, military, educational, and commercial markets [6] - The company's technologies focus on de-escalation, judgmental use-of-force, and marksmanship training that mimics real-world situations [6] - VirTra aims to save and improve lives worldwide through practical and effective virtual reality and simulator technology [6] Leadership Perspective - John Givens, Chairman and CEO of VirTra, emphasized the company's commitment to delivering advanced technology and reliable tools that enhance officer confidence and skill [5] - The partnership with the RCMP reinforces VirTra's position as a trusted partner for law enforcement training globally [5]

Core Insights - VirTra, Inc. reported a 15% year-over-year increase in total revenue for Q2 2025, reaching $7.0 million, and a 5% increase for the first six months, totaling $14.1 million [3][13][9] - The company maintained positive net income and strong gross margins despite a decrease in gross profit and net income compared to the previous year [6][11][15] - Management highlighted improvements in federal funding trends and the reopening of the Department of Justice COPS grant program as positive developments for future demand [6][17] Financial Performance - Total revenue for Q2 2025 was $7.0 million, up from $6.1 million in Q2 2024, while total revenue for the first six months was $14.1 million compared to $13.4 million in the prior year [3][9] - Gross profit for Q2 2025 was $4.8 million, representing a gross margin of 69%, down from $5.5 million and 91% in Q2 2024 [14][10] - Net income for Q2 2025 was $0.2 million, or $0.02 per diluted share, compared to $1.2 million, or $0.11 per diluted share, in the prior year [15][11] Operational Highlights - Bookings for Q2 2025 were $4.6 million, an increase from $3.6 million in Q2 2024, contributing to a total of $32.1 million over the last twelve months [8] - The backlog as of June 30, 2025, totaled $18.8 million, with $7.1 million in Capital, $5.7 million in Service, and $6.0 million in STEP contracts [8] - The STEP® recurring revenue program maintained renewal rates around 95%, with an increasing number of customers transitioning to new three-year agreements [8] Cash Position and Working Capital - Cash and cash equivalents were $20.7 million as of June 30, 2025, up from $17.6 million at the end of Q1 2025 [16] - The company maintained robust working capital of $34.1 million, positioning it for sustained growth and operational agility [8][16] - Net operating expenses for the first six months decreased by 9% to $7.7 million, reflecting disciplined cost management [11]

Core Viewpoint - VirTra, Inc. will hold a conference call on August 11, 2025, to discuss its financial results for the second quarter ended June 30, 2025 [1]. Group 1: Conference Call Details - The conference call is scheduled for 4:30 p.m. Eastern time (1:30 p.m. Pacific time) [1][2]. - U.S. dial-in number is 1-877-407-9208, and the international dial-in number is 1-201-493-6784 [2]. - Participants are advised to call 5-10 minutes prior to the start time for registration [2]. Group 2: Replay Information - The conference call will be broadcast live and available for replay after 7:30 p.m. Eastern time on the same day through August 25, 2025 [3]. - Toll-free replay number is 1-844-512-2921, and the international replay number is 1-412-317-6671 [3]. Group 3: Company Overview - VirTra, Inc. is a global provider of judgmental use of force training simulators and firearms training simulators for law enforcement, military, educational, and commercial markets [3]. - The company focuses on providing intense training for de-escalation, judgmental use-of-force, and marksmanship through patented technologies and software [3]. - VirTra's mission is to save and improve lives worldwide through practical and effective virtual reality and simulator technology [3].

Core Viewpoint - VirTra, Inc. will hold a conference call on May 12, 2025, to discuss its financial results for Q1 2024, indicating a focus on transparency and communication with investors [1]. Company Overview - VirTra, Inc. is a global provider of judgmental use of force training simulators and firearms training simulators for law enforcement, military, educational, and commercial markets [3]. - The company utilizes patented technologies and software to deliver training that simulates real-world situations, focusing on de-escalation, judgmental use-of-force, and marksmanship [3]. - VirTra's mission is to enhance lives globally through effective virtual reality and simulator technology [3]. Conference Call Details - The conference call is scheduled for May 12, 2025, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) [2]. - Participants can join via U.S. dial-in at 1-877-407-9208 or international dial-in at 1-201-493-6784, with a Conference ID of 13753538 [2]. - A live broadcast of the call will be available, and a replay will be accessible after 7:30 p.m. Eastern time on the same day until May 26, 2025 [3].