Virtuix Reports 72% Jump in Omni One Orders, Margin Expansion

ACCESS Newswire··US·Read original
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Summary · why it matters

Emerging Growth Research has issued an updated company-sponsored research report on Virtuix Holdings Inc., highlighting strong fiscal first-quarter results. Virtuix reported that new Omni One orders increased approximately 72% year-over-year, with orders up about 150% since the launch of Omni One for Quest in collaboration with Meta. Gross profit rose approximately 29% year-over-year, and gross margin expanded to approximately 30% from 17% in the prior-year period. The company also noted progress in defense initiatives, including its U.S. Marine Corps Infantry Fireteam Trainer and U.S. Air Force SBIR-supported development, as well as expansion into healthcare, NASA, and robotics applications. Virtuix ended the quarter with approximately $7.4 million in cash.

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