Birchtech vs Virtra
Virtra is the larger business, with $22.4m of revenue in fiscal 2025 against $17.6m for Birchtech (1.3 times as much). Birchtech grew faster (1.3% against -15.0%). Virtra kept more of each dollar of sales as profit: a net margin of 1.2% against -17.2%.
| Latest fiscal year | BirchtechBCHT, 2025 | VirtraVTSI, 2025 |
|---|---|---|
| Revenue | $17.6m | $22.4m |
| Revenue growth | 1.3% | -15.0% |
| Net income | −$3.0m | $258,446 |
| Operating margin | — | 2.0% |
| Net margin | -17.2% | 1.2% |
| Return on equity | — | 0.6% |
| Free cash flow | −$729,406 | $3.1m |
| Cash | $2.2m | $18.6m |
| Total debt | $0 | $7.8m |
| Debt to equity | — | 17.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | 94 |
| Market value | $29.5m | $31.0m |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | 25 (Weak) | 32 (Weak) |
| Insider trades, 12 months | 1 buys, 0 sales | 52 buys, 0 sales |