Business UpdateJul 2, 2026, 09:18 AM
Virtuix to Present at Emerging Growth Conference 94; FY26 Sales +18%
AI Summary
Virtuix Holdings Inc. announced it will present at the Emerging Growth Conference 94 on July 16, 2026, where CEO Jan Goetgeluk will discuss the company's recent achievements. The presentation will highlight fiscal year 2026 financial results, including an 18% increase in net sales, a $1.3 million improvement in gross profit, a 25% gross margin, and a 19% decrease in operating expenses. Additionally, the company will detail operational milestones such as the launch of Omni One for Quest in collaboration with Meta and expanding defense contracts with all four major U.S. military branches.
Key Highlights
- Virtuix to present at Emerging Growth Conference 94 on July 16, 2026.
- Fiscal year 2026 net sales increased by 18%.
- Gross profit improved by $1.3 million in fiscal year 2026.
- Gross margin expanded to 25% in fiscal year 2026.
- Operating expenses decreased by 19% in fiscal year 2026.
- Launched Omni One for Quest in collaboration with Meta.
- Expanded defense deployments with all four major U.S. military branches.
Price Impact
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