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Mar 31, 2021
Ammo Q4 2021 Earnings Report
Achieved record quarterly performance and significant margin improvements.
Key Takeaways
AMMO, Inc. reported its best quarterly performance in company history, with a 46% quarter-over-quarter sales growth and increased margins. The company's adjusted EPS increased to $0.04, and adjusted EBITDA grew to $4.8 million for the quarter.
Sales growth of 46% quarter-over-quarter.
Gross profit margins increased to approximately 23%.
Adjusted EBITDA grew to $4.8 million, a 296% increase from the prior year.
Adjusted earnings per share (EPS) increased to $0.04, representing a 167% year-over-year increase.
Ammo
Ammo
Forward Guidance
The revenue guidance for the 1st quarter of our 2022 Fiscal Year is $41M and will include two months of operations from our newly acquired Gunbroker.com assets. As previously announced, we expect to achieve profitability in this quarter.
Positive Outlook
- Revenue guidance for the 1st quarter of fiscal year 2022 is $41M.
- Revenue will include two months of operations from Gunbroker.com assets.
- Company expects to achieve profitability in the next quarter.
- Demand fundamentals in the US domestic ammunition market are exceedingly strong
- Company is seeing no indication of slowing