Government Customers was VirTra’s largest revenue line in fiscal 2024, bringing in $22.85M of $26.35M (87%).
| Customer | FY 2018 | FY 2019 | FY 2020 | FY 2022 | FY 2024 |
|---|---|---|---|---|---|
| Government Customers | $22.37M | $22.85M | |||
| Governmental Customers | — | — | |||
| International Customers | $4.16M | $3.12M | |||
| Commercial Customers | $1.77M | $376.06K | |||
| Total | $28.30M | $26.35M |
VirTra brought in $26.35M from its three revenue lines in fiscal 2024, the year ended December 31, 2024. That was down 6.9% from $28.30M in fiscal 2022, the previous year with figures. Government Customers was the largest at $22.85M (86.7%), ahead of International Customers at $3.12M (11.9%) and Commercial Customers at $376.06K (1.4%).
Compared with fiscal 2022, the previous year with figures, Government Customers grew 2.1% to $22.85M, while International Customers fell 24.9% to $3.12M. From fiscal 2022 to 2024, combined revenue from these revenue lines fell from $28.30M to $26.35M, a compound annual decline of 3.5%. Government Customers' share of the total rose from 79.0% to 86.7%.
Simulators & Accessories was VirTra’s largest segment in fiscal 2024, bringing in $13.93M of $26.35M (53%).
| Statement Business Segments | FY 2024 |
|---|---|
| Simulators & Accessories | $13.93M |
| Extended Service Type Warranties | $4.16M |
| Subscription Training Equipment Partnership | $3.81M |
| Design Prototyping | $2.82M |
| Installation & Training | $923.94K |
| Customized Software & Content | $708.37K |
| Total | $26.35M |
VirTra brought in $26.35M from its six segments in fiscal 2024, the year ended December 31, 2024. Simulators & Accessories was the largest at $13.93M (52.9%), ahead of Extended Service Type Warranties at $4.16M (15.8%) and Subscription Training Equipment Partnership at $3.81M (14.5%). The other three segments brought in $4.46M combined.
Previously Reported was VirTra’s largest revenue line in fiscal 2023, bringing in $38.04M of $38.29M (99%).
| Revision of Prior Period | FY 2023 |
|---|---|
| Previously Reported | $38.04M |
| Revision Of Prior Period, Reclassification, Adjustment | $249.84K |
| Total | $38.29M |
VirTra brought in $38.29M from its two revenue lines in fiscal 2023, the year ended December 31, 2023. Previously Reported was the largest at $38.04M (99.3%), ahead of Revision Of Prior Period, Reclassification, Adjustment at $249.84K (0.7%).
VirTra (VTSI) reports its revenue by customer, by statement business segments and by revision of prior period. In fiscal 2024, Government Customers was its largest revenue line, bringing in $22.85M (86.7% of the total), followed by International Customers at $3.12M (11.9%).
Government Customers was VirTra's largest revenue line in fiscal 2024, bringing in $22.85M, or 86.7% of the $26.35M total across its three revenue lines.
Simulators & Accessories was VirTra's largest segment in fiscal 2024, bringing in $13.93M, or 52.9% of the $26.35M total across its six segments.
Every figure comes from VirTra's annual financial filings, as reported. Each line keeps the name VirTra gives it, and years follow its fiscal calendar.
VirTra's revenue by customer goes back to fiscal 2018, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.