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Jun 30, 2024

Ammo Q1 2025 Earnings Report

Reported first quarter fiscal year 2025 financial results.

Key Takeaways

AMMO, Inc. reported a decrease in total revenues to $31.0 million compared to $34.3 million in the prior year quarter, with a shift in sales mix and production inefficiencies impacting the ammunition segment. The company is focusing on streamlining manufacturing processes and enhancing GunBroker's functionality to drive sales growth.

Total revenues were $31.0 million, a decrease from $34.3 million in the prior year quarter.

Ammunition segment revenues were $18.7 million, while the marketplace segment generated $12.3 million.

Adjusted EBITDA was approximately $2.0 million, compared to $6.6 million in the prior year quarter.

Loss per share was $0.07, or Adjusted Net Income per Share of $0.01, compared to a loss per share of $0.02 in the prior year quarter or Adjusted Net Income per Share of $0.05.

Total Revenue
$31M
Previous year: $34.3M
-9.6%
EPS
$0.01
Previous year: $0.05
-80.0%
Gross Profit
$9.79M
Previous year: $14M
-30.1%
Cash and Equivalents
$50.8M
Previous year: $47.5M
+6.9%
Free Cash Flow
-$1.97M
Previous year: $11.7M
-116.8%
Total Assets
$134M
Previous year: $131M
+2.6%

Ammo

Ammo

Ammo Revenue by Segment

Forward Guidance

The company is continuing to focus on streamlining manufacturing processes to improve product throughput and marginality, and is enhancing GunBroker with a flexible financing option and cross-selling solution to drive sales growth.

Positive Outlook

  • Streamlining manufacturing processes to improve product throughput.
  • Enhancing GunBroker with a flexible financing option.
  • Implementing a cross-selling solution to provide users with the ability to view and purchase compatible items.
  • Expectation that these enhancements will drive sales growth through better functionality.
  • Expectation that these enhancements will drive sales growth through enhanced purchasing power of buyers.

Revenue & Expenses

Visualization of income flow from segment revenue to net income