Company Quick10K Filing
VirTra
10-Q 2020-03-31 Filed 2020-05-12
10-K 2019-12-31 Filed 2020-03-23
10-Q 2019-09-30 Filed 2019-11-12
10-Q 2019-06-30 Filed 2019-08-13
10-Q 2019-03-31 Filed 2019-05-13
10-K 2018-12-31 Filed 2019-04-01
10-Q 2018-09-30 Filed 2018-11-14
10-Q 2018-06-30 Filed 2018-08-13
10-Q 2018-03-31 Filed 2018-05-14
10-K 2017-12-31 Filed 2018-03-30
10-K 2017-09-30 Filed 2018-03-30
8-K 2020-05-12 Earnings, Exhibits
8-K 2020-03-23 Earnings, Exhibits
8-K 2019-11-12
8-K 2019-10-30 Other Events, Exhibits
8-K 2019-10-23 Other Events, Exhibits
8-K 2019-10-15 Other Events, Exhibits
8-K 2019-09-06
8-K 2019-09-05
8-K 2019-08-29
8-K 2019-08-13
8-K 2019-08-01 Other Events, Exhibits
8-K 2019-07-22 Regulation FD, Exhibits
8-K 2019-07-15 Regulation FD, Exhibits
8-K 2019-07-10 Regulation FD, Exhibits
8-K 2019-06-27
8-K 2019-05-13
8-K 2019-05-03
8-K 2019-03-28
8-K 2019-03-25
8-K 2019-03-20
8-K 2019-03-12
8-K 2019-03-05
8-K 2019-02-14
8-K 2019-01-16
8-K 2018-11-13
8-K 2018-10-05
8-K 2018-09-14
8-K 2018-08-13
8-K 2018-06-25
8-K 2018-04-09
8-K 2018-04-03
8-K 2018-03-29
8-K 2018-03-27

VirTra Financials

VTSI Metrics, Comps, Filings

Quarterly | Annual

Business

We are a corporation organized and existing under the laws of the State of Nevada. The original business started in 1993 as Ferris Productions, Inc. In September 2001, Ferris Productions, Inc. merged with GameCom, Inc. to ultimately become VirTra Systems, Inc., a Texas corporation.

Effective as of October 1, 2016 (the “Effective Date”), we completed a conversion from a Texas corporation to a Nevada corporation pursuant to a Redomestication Plan of Conversion (the “Plan of Conversion”) that was approved by our Board of Directors on June 23, 2016 and our stockholders on September 16, 2016. On the Effective Date, 7,927,774 shares of common stock of VirTra Systems, Inc., a Texas corporation, were converted into 7,927,774 shares of common stock of VirTra, Inc., a Nevada corporation. No stockholders exercised appraisal rights or dissenters' rights for such shares in accordance with the Texas Business Organization Code.

As part of the Plan of Conversion, we filed Articles of Incorporation in Nevada whereby we changed our name from VirTra Systems, Inc. to VirTra, Inc. and revised our capitalization. Our Articles of Incorporation filed in Nevada authorize us to issue 62,500,000 shares, of which (1) 60,000,000 shares shall be Common Stock, par value $0.0001 per share (the “Common Stock”), of which (a) 50,000,000 shares shall be Common Stock, par value $0.0001, (b) 2,500,000 shares shall be Class A Common Stock, par value $0.0001 per share (the “Class A Common Stock”), and (c) 7,500,000 shares shall be Class B Common Stock, par value $0.0001 per share (the “Class B Common Stock”) and (2) 2,500,000 shares shall be Preferred Stock, par value $0.0001 per share, which may, at the sole discretion of the Board of Directors be issued in one or more series (the “Preferred Stock”). We also adopted new bylaws as part of the Plan of Conversion.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Churchill Downs (CHDN) 5,017,496 0% 16.7 5% 2,562,500 2,012,100 1,268,100 0 133,500 309,700 5,172,496
Six Flags Entertainment (SIX) 4,325,389 1% 10.9 10% 3,020,703 3,110,504 1,496,086 13,671 310,395 587,004 6,390,296
500.com (WBAI) 3,049,674 0% 1,246,584 111,634 0 0 0 0 2,617,483
International Game Technology (IGT) 2,930,424 0% 13,648,502 10,896,573 0 0 0 0 10,493,137
Seaworld Entertainment (SEAS) 2,151,344 0% 11.2 5% 2,270,810 2,039,107 1,380,261 0 102,606 327,899 3,660,514
International Speedway (ISCA) 1,955,644 0% 10.2 3% 2,321,528 669,185 674,558 0 75,896 183,924 1,873,724
Speedway Motorsports (TRK) 750,897 0% 7.1 3% 1,468,823 520,314 409,841 0 50,002 119,095 844,516
Everi (EVRI) 731,115 21% 22.9 2% 1,567,572 1,639,587 507,552 106,291 24,864 69,900 1,604,005
Golden Entertainment (GDEN) 397,448 0% 48.4 -3% 1,690,719 1,394,508 941,401 0 -57,187 29,672 1,436,936
Dover Motorsports (DVD) 71,636 0% 8.0 3% 86,360 21,080 25,169 0 2,597 8,382 66,852
Canterbury Park Holding (CPHC) 56,449 0% 9.8 7% 65,839 16,943 58,664 0 4,535 5,331 52,129
Nevada Gold & Casinos (UWN) 44,278 27% 12.7 2% 42,930 6,149 62,285 17,011 734 1,883 23,971
VirTra (VTSI) 21,696 55% 33.0 -0% 18,890 8,625 12,819 7,071 -10 555 18,318
Alliance Mma (AMMA) 4,860 39% -0.3 -47,288% 39 2,225 2,588 1,022 -18,509 -18,389 4,855
Accel Entertainment (ACEL)
Allied Esports Entertainment (AESE)
Wanda Sports (WSG)
Cedar Fair (FUN) 91% 4.3 6% 2,658,011 2,615,292 1,217,679 1,111,747 169,580 442,889 1,925,009
SCWorx (WORX) 44% 0.4 -28% 11,073 2,749 3,047 1,341 -3,137 -2,929 -1,029
Manchester United (MANU) 0% 1,496,525 0 0 0 0 -307,637

Balance Sheet ($'000)2017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash5,1065,0804,5184,8997,8742,5001,2871,3943,378
Accounts Receivable3,0121,4781,2724,2231,8721,3021,3392,0661,431
Inventory1,6891,7202,0821,8011,8681,6121,7092,5142,818
PP&E2,2642,3152,4822,6022,6072,6072,6982,9133,093
Assets14,87314,85014,37216,56717,34315,21816,76316,58318,890
Accounts Payable7305367865314504306168151,047
Long-Term Debt1111111100
Liabilities4,9314,4644,0714,1704,8844,6216,7397,2508,625
Stockholders' Equity9,94210,38610,30012,39712,45910,59710,0249,33410,265
Income Statement ($'000)2017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue4,6863,2448,7053,5473,0513,0546,713
Cost of Revenue1,5734013,5901,4621,2511,5392,958
Gross Profit3,1139402,2185,7402,0851,8001,5153,756
R&D311368362324356354382
SG&A2,0502,0092,4781,6821,9022,0452,127
Tax24-2,60822865360-217348
Net Income742-862,11361-313-634937
Cash Flow ($'000)2017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating-3955682,991-901-1,0322,216
Cash Investing-167-120-5-521,195-215
Cash Financing-11-261-56-17