CSIMarket Company Name, Ticker, Customers, else..
 
Virtual Interactive Technologies Corp   (VRVR)
Other Ticker:  
 
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology
 
Price: $0.2000 $-0.05 -20.000%
Day's High: $0.2 Week Perf: -20 %
Day's Low: $ 0.20 30 Day Perf: 0.00
Volume (M): 1 52 Wk High: $ 0.54
Volume (M$): $ 0 52 Wk Avg: $0.29
Open: $0.20 52 Wk Low: $0.00



 Market Capitalization (Millions $) 2
 Shares Outstanding (Millions) 8
 Employees -
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Virtual Interactive Technologies Corp
Virtual Interactive Technologies Corp is a technology company that specializes in developing and providing virtual reality (VR) solutions. They offer a wide range of VR products and services, including VR games, simulations, and training programs. The company focuses on creating immersive and interactive experiences for various industries, such as healthcare, education, and gaming. With their advanced technology and expertise in VR, Virtual Interactive Technologies Corp aims to revolutionize the way people interact and experience content.


   Company Address: 600 17th Street Denver 80202 CO
   Company Phone Number: 228-7120   Stock Exchange / Ticker: VRVR


   

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Virtual Interactive Technologies Corp

Virtual Interactive Technologies Corp Reports a Narrow Deficit of $0.01 per Share in Q1 2024 Financial Results



Virtual Interactive Technologies Corp, a Software & Programming company, recently disclosed disappointing financial results for the reporting period ending on March 31, 2024. The report revealed a significant decline in revenue by -42.055% to $0.02 million, leading to a net loss per share of $-0.01. This is in contrast to the previous year, where the company reported a net loss of $-0.10 per share. Additionally, the company's financials for the first quarter of 2024 showed a net deficit of $-0.071 million compared to a deficit of $-0.841 million in the same period a year ago.
Revenue Meltdown and Net Loss:
In the first quarter of 2024, Virtual Interactive Technologies Corp experienced a sharp decline in revenue. The company's revenue tumbled by -42.055% to $0.02 million compared to $0.03 million in the previous reporting season. This substantial drop in revenue can have several underlying factors, such as intense market competition or challenges in product development and sales.






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