Added to YB: 2024-10-14
Pitch date: 2024-10-14
VTSI [bullish]
VirTra, Inc.
-26.06%
current return
Author Info
Northeastern University Student Value Fund is the premier investment fund at Northeastern University. Visit their website.
Company Info
VirTra, Inc. provides use of force training and firearms training simulators for the law enforcement, military, and commercial markets worldwide.
Market Cap
$48.5M
Pitch Price
$6.37
Price Target
11.00 (+134%)
Dividend
N/A
EV/EBITDA
10.67
P/E
35.92
EV/Sales
1.47
Sector
Aerospace and Defense
Category
growth
High Quality Business with Depressed Trading Multiples is a ~50% IRR on Military Contract Expansion - VirTra, Inc.
VTSI: 61% drop post-Q1'24 misunderstood. Military expansion via ex-military hires & Orlando office. V-XR launch Q2'24 for soft-skills training. 19% upside to F25 rev. Risks: Axon competition, police defunding. 50% IRR potential. $11 PT by 2026. Legacy biz 5% growth + military upside.
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