View Future GrowthOutdoor Holding 과거 순이익 실적과거 기준 점검 0/6Outdoor Holding 의 수입은 연평균 -59.8%의 비율로 감소해 온 반면, Specialty Retail 산업은 연평균 3.6%의 비율로 감소했습니다. 매출은 연평균 23.8%의 비율로 감소해 왔습니다.핵심 정보-59.85%순이익 성장률-52.07%주당순이익(EPS) 성장률Specialty Retail 산업 성장률26.64%매출 성장률-23.83%자기자본이익률-12.30%순이익률-70.06%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트공시 • Jan 13Outdoor Holding Company to Report Q3, 2026 Results on Feb 09, 2026Outdoor Holding Company announced that they will report Q3, 2026 results Pre-Market on Feb 09, 2026Reported Earnings • Nov 11Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$0.006 (up from US$0.056 loss in 2Q 2025). Revenue: US$12.0m (up 13% from 2Q 2025). Net income: US$656.2k (up US$7.31m from 2Q 2025). Profit margin: 5.5% (up from net loss in 2Q 2025). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.공시 • Oct 21Outdoor Holding Company to Report Q2, 2026 Results on Nov 20, 2025Outdoor Holding Company announced that they will report Q2, 2026 results Pre-Market on Nov 20, 2025Reported Earnings • Aug 10First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: US$0.057 loss per share (improved from US$0.13 loss in 1Q 2025). Revenue: US$11.9m (down 60% from 1Q 2025). Net loss: US$6.64m (loss narrowed 57% from 1Q 2025). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 71%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Leisure industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Reported Earnings • May 21Third quarter 2025 earnings released: US$0.23 loss per share (vs US$0.02 loss in 3Q 2024)Third quarter 2025 results: US$0.23 loss per share (further deteriorated from US$0.02 loss in 3Q 2024). Revenue: US$29.2m (down 15% from 3Q 2024). Net loss: US$26.9m (loss widened US$24.5m from 3Q 2024). Revenue is expected to decline by 22% p.a. on average during the next 2 years, while revenues in the Leisure industry in the US are expected to grow by 2.8%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 09First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: US$0.066 loss per share (further deteriorated from US$0.016 loss in 1Q 2024). Revenue: US$31.0m (down 6.4% from 1Q 2024). Net loss: US$7.84m (loss widened 320% from 1Q 2024). Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 133%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Leisure industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.모든 업데이트 보기Recent updatesPrice Target Changed • Mar 16Price target increased by 12% to US$2.65Up from US$2.38, the current price target is an average from 2 analysts. New target price is 28% above last closing price of US$2.07. Stock is up 45% over the past year. The company is forecast to post a net loss per share of US$0.055 next year compared to a net loss per share of US$0.58 last year.공시 • Mar 03Outdoor Holding Company Launches AI-Powered Listing Tool on GunBroker MarketplaceOutdoor Holding Company introduced a proprietary AI-powered listing tool designed to drive seller performance, enhance marketplace quality and further strengthen the Company's long-term competitive position. The new feature enables sellers on GunBroker to automatically generate optimized product descriptions using artificial intelligence purpose-built for the firearms marketplace. The system is informed by 27 years of proprietary transactional data, buyer behavior insights and listing performance analytics unique to the GunBroker platform. By embedding the AI tool directly within the listing workflow, the Company has reduced friction in the listing creation process while standardizing quality across the marketplace. Sellers enter firearms specifications as usual and, following the photo upload step, may select "Use AI to Generate Desriptions." The system then produces a structured, marketplace-optimized description aligned with GunBroker best practices. The launch reflects Outdoor Holding Company's disciplined approach to deploying artificial intelligence in ways that directly enhance marketplace functionality, user experience, and economics. Unlike generic AI applications, the Company's solution is trained on proprietary marketplace data accumulated over nearly three decades, enabling vertical-specific optimization that off-the-shelf tools cannot replicate. The AI-powered listing tool represents one step in a broader technology roadmap. The Company will continue to evaluate and implement responsible AI-driven enhancements aimed at improving user experience, optimizing marketplace performance and unlocking additional operating leverage across its platform.새로운 내러티브 • Feb 28Universal Payments And Cost Cuts Will Shape A Cautious But Stable FutureCatalysts About Outdoor Holding Outdoor Holding operates GunBroker.com, an online marketplace focused on firearms and related products. What are the underlying business or industry changes driving this perspective?공시 • Feb 24Outdoor Holding Company Reaches Settlement with Digital Cash ProcessingOutdoor Holding Company announced that it has entered into a settlement agreement with Innovative Computer Professionals Inc., d/b/a Digital Cash Processing ("DCP"), resolving the previously disclosed litigation pending in the United States District Court for the District of Minnesota. Under the terms of the agreement, the Company agreed to pay $4.4 million in full and final settlement of the matter. Upon payment, the parties will file a dismissal with prejudice. The agreement includes customary mutual releases, but does not release certain non-affiliate third-party contractors. The settlement does not constitute an admission of liability or wrongdoing by the Company or its subsidiary. After careful evaluation, the Board of Directors determined that resolving the matter at this stage eliminates ongoing uncertainty and substantial future legal costs. While the Company was prepared to continue defending the case, further litigation would have required significant time, expense, and executive attention. By bringing the matter to a close, the Company eliminates uncertainty and allows its leadership team to devote its full focus to operational execution, strategic initiatives, and long-term value creation. The Company expects to record a one-time charge of approximately $4.4 million in the current quarter, the impact of which will be partially offset by a reduction in budgeted operational legal expense over the next several years. The settlement is not expected to have a material impact on the Company's liquidity, capital resources, or ongoing operations. Outdoor Holding Company remains committed to disciplined capital allocation, operational rigor, and expanding its leadership position in its core markets to enhance marketplace performance and improve shareholder returns.새로운 내러티브 • Feb 11Universal Payments And Used Firearms Focus Will Reshape This Marketplace Over The Next DecadeCatalysts About Outdoor Holding Outdoor Holding operates GunBroker.com, a pure play ecommerce marketplace focused on firearms and related products. What are the underlying business or industry changes driving this perspective?공시 • Jan 13Outdoor Holding Company to Report Q3, 2026 Results on Feb 09, 2026Outdoor Holding Company announced that they will report Q3, 2026 results Pre-Market on Feb 09, 2026공시 • Jan 06Outdoor Holding Company (NasdaqCM:POWW) announces an Equity Buyback for $15 million worth of its shares.Outdoor Holding Company (NasdaqCM:POWW) announces an share repurchase program. Under the program, the company will repurchases up to $15 million worth of its outstanding common stock. The purpose of the program is disciplined capital allocation and long-term shareholder value. The repurchases will be funded from the Company’s existing cash balances, future operating cash flows, or other legally available funds. The program is valid till 12 months.Seeking Alpha • Dec 29Outdoor Holding: The Ammo Anchor Is Gone, The Marketplace RemainsSummary Outdoor Holding Company (POWW) has transformed into a pure-play, high-margin digital marketplace after divesting its ammunition business. GunBroker.com now delivers 87% gross margins, positive net income, and robust cash generation, with significant room for monetization upside. Shares trade at a deep discount—roughly 6x forward EV/EBITDA—offering ~50% upside to conservative valuation targets as the turnaround gains traction. Management is highly aligned, cost discipline is evident, and a substantial cash position provides downside protection and optionality for buybacks. Read the full article on Seeking Alpha공시 • Dec 18Outdoor Holding Company Announces Settlement in Sec Administrative MatterOutdoor Holding Company announced that it has reached a settlement with the U.S. Securities and Exchange Commission (“SEC”) to resolve its previously disclosed investigation. “We are pleased to have reached a resolution with the SEC which does not include a civil penalty or monetary sanction. The Company has worked hard to put this chapter behind us,” said Steve Urvan, Chairman and Chief Executive Officer of Outdoor Holding Company. Without admitting or denying the SEC’s findings except as to jurisdiction, the Company agreed to cease and desist from future violations of the antifraud and numerous other provisions of the federal securities laws stemming from, among other things: (i) failure to disclose a former executive officer’s employment and role; (ii) failure to disclose related party transactions involving that former executive officer; (iii) improper capitalization of certain equity issuance costs; (iv) understatement of stock compensation expenses; (v) disclosure concerning the calculation of Adjusted EBITDA; and (vi) inadequate internal accounting controls. The Order acknowledged that the Company is now operating under new senior management that is different from those responsible for the conduct leading to the violations described in the Order. A copy of the Order will be filed as an exhibit to a Current Report on Form 8-K and will be available on the Company’s website. In the Order, OHC also consented to undertakings requiring the Company to engage an outside compliance consultant to review and assist with the Company’s remediation of material weaknesses in internal control over financial reporting. The Company is required to fully cooperate with the compliance consultant, adopt and implement all of the compliance consultant’s recommendations within two years, and provide related certifications of compliance to the SEC staff. These undertakings align with OHC’s ongoing internal controls remediation efforts. Over the past year, the Company has undertaken a broad, multi-phase remediation program overseen directly by its Board of Directors, Audit Committee, and Disclosure Committee. These remediation efforts include, among other actions, completion of an independent investigation and restating its financial statements for fiscal years 2022, 2023 and 2024, each of the quarters within fiscal year 2024, and the first quarter of fiscal year 2025. The Company has replaced its prior senior leadership, expanded and upgraded its accounting and external reporting personnel, retained SOX and outside controls advisors, strengthened policies governing expense classification and capitalization, implemented enhanced period-end close and reconciliation controls, established a formal disclosure committee, and adopted a new robust process for identifying and disclosing related party transactions. The Company has also implemented training and governance enhancements designed to ensure these improvements are sustained over the long term. In August 2025, the Board reduced its size to five and added two new independent board members to increase financial expertise and improve board-level strategic guidance and governance.공시 • Nov 22Outdoor Holding Company Announces Resignation of Elizabeth Cross Chief Operating Officer, Effective November 28, 2025On November 14, 2025, Elizabeth Cross, who serves as the Chief Operating Officer of the GunBroker division of Outdoor Holding Company (the “Company”), delivered notice to the Company of her resignation, effective November 28, 2025. Ms. Cross’s resignation did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.Price Target Changed • Nov 14Price target increased by 40% to US$2.38Up from US$1.70, the current price target is an average from 2 analysts. New target price is 30% above last closing price of US$1.82. Stock is up 49% over the past year. The company is forecast to post a net loss per share of US$0.06 next year compared to a net loss per share of US$0.58 last year.Reported Earnings • Nov 11Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$0.006 (up from US$0.056 loss in 2Q 2025). Revenue: US$12.0m (up 13% from 2Q 2025). Net income: US$656.2k (up US$7.31m from 2Q 2025). Profit margin: 5.5% (up from net loss in 2Q 2025). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.New Risk • Nov 10New major risk - Revenue and earnings growthEarnings have declined by 59% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 59% per year over the past 5 years. Minor Risk Currently unprofitable and not forecast to become profitable next year (US$12m net loss next year).공시 • Oct 21Outdoor Holding Company to Report Q2, 2026 Results on Nov 20, 2025Outdoor Holding Company announced that they will report Q2, 2026 results Pre-Market on Nov 20, 2025Major Estimate Revision • Sep 19Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$48.9m to US$47.9m. Losses expected to increase from US$0.11 per share to US$0.14. Leisure industry in the US expected to see average net income growth of 37% next year. Consensus price target of US$1.70 unchanged from last update. Share price fell 5.3% to US$1.44 over the past week.공시 • Sep 17Outdoor Holding Company Announces Management ChangesOn September 10, 2025, Tod Wagenhals, who serves as the Executive Vice President and Secretary of Outdoor Holding Company, delivered notice to the Board of Directors of the Company of his resignation from his position as the Secretary of the Company, effective September 10, 2025, and as the Executive Vice President of the Company, to be effective December 31, 2025. In connection with Mr. Wagenhals’ resignation as the Secretary of the Company, the Board appointed Jordan Christensen, the Company’s Chief Legal Officer, to the position of Secretary of the Company, effective September 10, 2025, to serve in such position in addition to his duties as Chief Legal Officer of the Company.분석 기사 • Sep 08Market Participants Recognise Outdoor Holding Company's (NASDAQ:POWW) Revenues Pushing Shares 26% HigherThose holding Outdoor Holding Company ( NASDAQ:POWW ) shares would be relieved that the share price has rebounded 26...Board Change • Sep 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Houman Akhavan was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Major Estimate Revision • Aug 15Consensus EPS estimates fall by 22%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$47.7m to US$48.9m. Forecast EPS reduced from -US$0.09 to -US$0.11 per share. Leisure industry in the US expected to see average net income growth of 38% next year. Consensus price target of US$1.70 unchanged from last update. Share price rose 15% to US$1.31 over the past week.분석 기사 • Aug 15Outdoor Holding (NASDAQ:POWW) Is Using Debt SafelyNasdaqCM:POWW 1 Year Share Price vs Fair Value Explore Outdoor Holding's Fair Values from the Community and select...Reported Earnings • Aug 10First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: US$0.057 loss per share (improved from US$0.13 loss in 1Q 2025). Revenue: US$11.9m (down 60% from 1Q 2025). Net loss: US$6.64m (loss narrowed 57% from 1Q 2025). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 71%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Leisure industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Price Target Changed • Jun 06Price target decreased by 7.4% to US$2.20Down from US$2.38, the current price target is an average from 2 analysts. New target price is 67% above last closing price of US$1.32. Stock is down 46% over the past year. The company is forecast to post a net loss per share of US$0.11 next year compared to a net loss per share of US$0.16 last year.분석 기사 • May 31Outdoor Holding Company's (NASDAQ:POWW) 26% Share Price Plunge Could Signal Some RiskOutdoor Holding Company ( NASDAQ:POWW ) shareholders won't be pleased to see that the share price has had a very rough...공시 • May 29+ 1 more updateOutdoor Holding Company Announces Board Changes, Effective May 30, 2025Outdoor Holding Company announced that Jared Smith delivered notice to the Board of his resignation as a member of the Board and from his position as officer or member of each of the Company’s direct or indirect subsidiaries, effective as of the May 30, 2025 (Effective Date). Mr. Smith’s resignation is not in connection with any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Effective as of the Effective Date, Mr. Smith’s amended and restated employment agreement (the “Smith Employment Agreement”) will terminate, except that certain surviving customary confidentiality provisions and non-disparagement covenants will remain in full force and effect. the Board agreed to take any action necessary to appoint Urvan as the Chief Executive Officer of the Company and as the Chairman of the Board, with such appointment to be effective as of the Effective Date. Additional information regarding Urvan’s appointment is included under Item 5.02 of this Current Report. Urvan, age 59, has been a director of the Company since April 2021. Mr. Urvan was employed by the Company from April 2021 through January 5, 2023 as the Chief Strategy Officer of GunBroker.com. Urvan is the Founder and has been the CEO of BitRail, a compliant payments infrastructure company, since February 2018. Urvan founded GunBroker.com in 1999 and served as its Chief Executive Officer until the Company acquired it in April 2021. Urvan has spent over 20 years as an entrepreneur, advisor, and investor with a passion for building and growing companies across various industries, but always with a focus of technology as a core or enabler. Urvan remains active in other companies that he founded, including Outdoors.com Digital Media, an outdoor lifestyle website, App Cohesion, an e-commerce technology platform, and Gemini Southern, a merchant bank.Reported Earnings • May 21Third quarter 2025 earnings released: US$0.23 loss per share (vs US$0.02 loss in 3Q 2024)Third quarter 2025 results: US$0.23 loss per share (further deteriorated from US$0.02 loss in 3Q 2024). Revenue: US$29.2m (down 15% from 3Q 2024). Net loss: US$26.9m (loss widened US$24.5m from 3Q 2024). Revenue is expected to decline by 22% p.a. on average during the next 2 years, while revenues in the Leisure industry in the US are expected to grow by 2.8%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.공시 • Apr 09+ 1 more updateAMMO, Inc. Announces Resignation of Fred W. Wagenhals as Executive Chairman and Chairman of the Board, Effective April 4, 2025AMMO, Inc. announced that on April 4, 2025, Fred W. Wagenhals delivered notice to the Board of Directors of the Company (the “Board”) of his resignation from his position as the Executive Chairman of the Company and as Chairman of the Board, effective immediately. Mr. Wagenhals’s resignation from the Board was not in connection with any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.공시 • Apr 03Ammo, Inc. Announces Resignation of Jessica M. Lockett as A Member of the Board and All Committees, Effective March 30, 2025On March 30, 2025, Jessica M. Lockett notified the Board of Directors of AMMO, Inc. (the “Company”) of her resignation from her position as a member of the Board and all committees thereof, effective March 30, 2025.공시 • Feb 26AMMO, Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-QAMMO, Inc. announced that it received an expected additional deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on February 19, 2025 (the “Notice”). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of the Company’s failure to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2024 (the “Form 10-Q”), as described more fully in the Company’s Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission (the “SEC”) on February 10, 2025 (the “Form 12b-25”). The Listing Rule requires Nasdaq-listed companies to timely file all required periodic financial reports with the SEC. As reported in the Form 12b-25, the Form 10-Q cannot be filed within the prescribed time period without unreasonable effort or expense because (i) the Audit Committee of the Board of Directors, in consultation with the Company’s management, has determined that the financial statements for certain historical periods must be restated and (ii) an independent investigation (the “Investigation”) conducted by a law firm retained by a Special Committee of the Board of Directors of the Company, while nearing its conclusion, is still ongoing. The Company has until March 6, 2025, to submit an updated plan to regain compliance with the Listing Rule (the “Updated Plan”). The Company intends to timely submit the Updated Plan. Pursuant to the Notice, if Nasdaq accepts the Updated Plan, Nasdaq has the discretion to grant the Company an exception of up to 180 calendar days (the “Compliance Period”) from the due date of the Company’s initial delinquent filing, or until May 19, 2025, to regain compliance with the Listing Rule. While the Company cannot provide specific timing regarding the filing of the Form 10-Q, the Company continues to work diligently to complete the Form 10-Q and intends to file the Form 10-Q as soon as practicable to regain compliance with the Listing Rule within the Compliance Period. No assurance can be given that the Company will be able to regain compliance with the Listing Rule or maintain compliance with the other continued listing requirements set in the Nasdaq Listing Rules. If the Company does not regain compliance with the Listing Rule within the Compliance Period, Nasdaq could provide notice that the Company’s securities will become subject to delisting. If the Company receives notice that its securities are being delisted, Nasdaq rules permit the Company to appeal any delisting determination by Nasdaq staff to a hearings panel. The Notice has no immediate effect on the listing of the Company’s common stock or preferred stock on Nasdaq.Seeking Alpha • Feb 25AMMO: Ammunition Sale Leaves Behind A Deteriorating GunBrokerSummary AMMO, Inc. sold its ammunition manufacturing assets for $75 million, leaving behind the GunBroker business. GunBroker's revenues have been on a decline. The company's strategy to increase the take rate has led to even more rapid GMV declines with competitors gaining market share. GunBroker still generates incredibly high margins, but financial uncertainty stands, especially as AMMO's financial reporting currently waits an ongoing accounting investigation. I believe that AMMO is still an unattractive investment as GunBroker's performance is deteriorating. Read the full article on Seeking Alpha공시 • Feb 11AMMO, Inc. announced delayed 10-Q filingOn 02/10/2025, AMMO, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Feb 03AMMO, Inc., Annual General Meeting, Jul 29, 2025AMMO, Inc., Annual General Meeting, Jul 29, 2025.공시 • Nov 27AMMO Receives Non-Compliance Letter Regarding Nasdaq Listing Rule 5250(c)(1)On November 20, 2024, AMMO, Inc. (the Company") received a deficiency notification letter (the Notice") from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (Nasdaq"). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the Listing Rule") as a result of the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 (the Form 10-Q"), as described more fully in the Company's Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission (the SEC") on November 13, 2024 (the Form 12b-25"). The Listing Rule requires Nasdaq-listed companies to timely file all required periodic financial reports with the SEC. As reported in the Form 12b-25, the Form 10-Q cannot be filed within the prescribed time period without unreasonable effort or expense as a result of the ongoing independent investigation (the Investigation") conducted by a law firm retained by a Special Committee of the Board of Directors of the Company. The Company has until January 21, 2025, to submit a plan to regain compliance with the Listing Rule (the Plan"). The Company intends to timely submit the Plan, if necessary. Pursuant to the Notice, if Nasdaq accepts the Plan, Nasdaq has the discretion to grant the Company an exception of up to 180 calendar days (the Compliance Period") from the due date of the Form 10-Q, or until May 19, 2025, to regain compliance with the Listing Rule. While the Company cannot provide specific timing regarding the filing of the Form 10-Q, the Company continues to work diligently to complete the Form 10-Q and intends to file the Form 10-Q as soon as practicable to regain compliance with the Listing Rule within the Compliance Period. No assurance can be given that the Company will be able to regain compliance with the Listing Rule or maintain compliance with the other continued listing requirements set in the Nasdaq Listing Rules. If the Company does not regain compliance with the Listing Rule within the Compliance Period, Nasdaq could provide notice that the Company's securities will become subject to delisting. If the Company receives notice that its securities are being delisted, Nasdaq rules permit the Company to appeal any delisting determination by Nasdaq staff to a hearings panel. The Notice has no immediate effect on the listing of the Company's common stock or preferred stock on Nasdaq.공시 • Nov 14AMMO, Inc. announced delayed 10-Q filingOn 11/13/2024, AMMO, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Oct 01Bragar Eagel & Squire, P.C. Announces Class Action Lawsuit Files Against AMMO, IncBragar Eagel & Squire, P.C announced that a class action lawsuit has been filed against AMMO, Inc. in the United States District Court for the District of Arizona on behalf of all persons and entities who purchased or otherwise acquired AMMO securities between August 19, 2020 and September 24, 2024, both dates inclusive (the “Class Period”). Investors have until November 29, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the company lacked adequate internal controls over financial reporting; (2) that there was a substantial likelihood the Company failed to accurately disclose all executive officers, members of management, and potential related party transactions in fiscal years 2020 through 2023; (3) that there was a substantial likelihood the Company failed to properly characterize certain fees paid for investor relations and legal services as reductions of proceeds from capital raises rather than period expenses in fiscal years 2021 and 2022; (4) there was a substantial likelihood the Company failed to appropriately value unrestricted stock awards to officers, directors, employees and others in fiscal years 2020 through 2022; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.분석 기사 • Aug 15AMMO, Inc. (NASDAQ:POWW) Might Not Be As Mispriced As It Looks After Plunging 28%To the annoyance of some shareholders, AMMO, Inc. ( NASDAQ:POWW ) shares are down a considerable 28% in the last month...Price Target Changed • Aug 12Price target decreased by 12% to US$2.30Down from US$2.63, the current price target is an average from 2 analysts. New target price is 53% above last closing price of US$1.51. Stock is down 27% over the past year. The company is forecast to post a net loss per share of US$0.02 next year compared to a net loss per share of US$0.16 last year.Reported Earnings • Aug 09First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: US$0.066 loss per share (further deteriorated from US$0.016 loss in 1Q 2024). Revenue: US$31.0m (down 6.4% from 1Q 2024). Net loss: US$7.84m (loss widened 320% from 1Q 2024). Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 133%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Leisure industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.분석 기사 • Aug 06AMMO (NASDAQ:POWW) Has Debt But No Earnings; Should You Worry?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...공시 • Jul 25AMMO, Inc. to Report Q1, 2025 Results on Aug 08, 2024AMMO, Inc. announced that they will report Q1, 2025 results After-Market on Aug 08, 2024분석 기사 • Jun 25With A 28% Price Drop For AMMO, Inc. (NASDAQ:POWW) You'll Still Get What You Pay ForTo the annoyance of some shareholders, AMMO, Inc. ( NASDAQ:POWW ) shares are down a considerable 28% in the last month...New Risk • Jun 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$2.8m net loss in 2 years). Share price has been volatile over the past 3 months (9.7% average weekly change).Reported Earnings • Jun 16Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: US$0.16 loss per share (further deteriorated from US$0.066 loss in FY 2023). Revenue: US$138.9m (down 24% from FY 2023). Net loss: US$18.7m (loss widened 143% from FY 2023). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 52%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Leisure industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 31 percentage points per year, which is a significant difference in performance.공시 • May 31AMMO, Inc. to Report Q4, 2024 Results on Jun 13, 2024AMMO, Inc. announced that they will report Q4, 2024 results After-Market on Jun 13, 2024분석 기사 • Apr 15Investors Interested In AMMO, Inc.'s (NASDAQ:POWW) RevenuesWhen you see that almost half of the companies in the Leisure industry in the United States have price-to-sales ratios...Price Target Changed • Mar 28Price target decreased by 7.4% to US$2.63Down from US$2.83, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$2.75. Stock is up 34% over the past year. The company is forecast to post a net loss per share of US$0.10 next year compared to a net loss per share of US$0.066 last year.공시 • Mar 15AMMO, Inc. Announces Launch of Multi-Item Cart and Single Payment Portal on GunBroker.com to Streamline Customer ExperienceAMMO, Inc. announced the official launch of new tools to enhance the customer experience at GunBroker.com that incorporates a new multi-item cart and single payment portal. The multi-item cart allows customers to purchase multiple items from different sellers, with a single checkout and payment. Previously, buying more than one item required a corresponding number of checkouts for each purchase. Firearms and accessories, such as holsters, magazines, ammunition, etc., will all be incorporated into the new system that will require users only enter their federal firearms license (FFL), payment and shipping information one time. Any coupon or discounts offered by sellers, applied once, will automatically be applied to all eligible items. The cart will display orders requiring payment from auctions that customers have won along with immediate purchase items the user added to the cart. All these items can be checked out and paid for together. In addition, the checkout process has been streamlined, requiring single entry shipping information. Customers will select a FFL holder for restricted items and a shipping address for non-restricted items as the system automatically completes that transaction with the seller.Recent Insider Transactions • Mar 06Founder & Executive Chairman of Board recently sold US$87k worth of stockOn the 1st of March, Fred Wagenhals sold around 36k shares on-market at roughly US$2.40 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$481k. Fred has been a net seller over the last 12 months, reducing personal holdings by US$569k.Recent Insider Transactions • Feb 25Founder & Executive Chairman of Board recently sold US$481k worth of stockOn the 16th of February, Fred Wagenhals sold around 193k shares on-market at roughly US$2.50 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Fred's only on-market trade for the last 12 months.Seeking Alpha • Feb 20AMMO Q3: Revenue Slump Isn't My Main ConcernSummary AMMO manufactures ammunition and operates GunBroker, a marketplace for firearms and accessories. The company's revenues have fallen as heightened pandemic demand has turned into a post-pandemic slump with a weak economic environment. I believe that AMMO can still achieve good future growth, but the company's thin profitability doesn't make for a very attractive investment. At the current price, the stock seems to have some overvaluation with my financial estimates. Read the full article on Seeking AlphaReported Earnings • Feb 10Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: US$0.02 loss per share (improved from US$0.042 loss in 3Q 2023). Revenue: US$36.0m (down 7.0% from 3Q 2023). Net loss: US$2.43m (loss narrowed 50% from 3Q 2023). Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 33%. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Leisure industry in the US. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings.공시 • Jan 26AMMO, Inc. to Report Q3, 2024 Results on Feb 08, 2024AMMO, Inc. announced that they will report Q3, 2024 results After-Market on Feb 08, 2024분석 기사 • Dec 24Is AMMO (NASDAQ:POWW) Using Debt In A Risky Way?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...공시 • Nov 30AMMO, Inc., Annual General Meeting, Jan 11, 2024AMMO, Inc., Annual General Meeting, Jan 11, 2024, at 10:00 US Mountain Standard Time. Agenda: To elect nine directors to serve on Board of Directors; to ratify the appointment of Pannell Kerr Forster of Texas, P.C as independent registered public accounting firm for fiscal year ending March 31, 2024; to approve an amendment to the Ammo, Inc. 2017 Equity Incentive Plan to increase the number of shares of Common Stock authorized for issuance under the Plan; and to transact any other business that may properly come before the Annual Meeting.Reported Earnings • Nov 10Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: US$0.07 loss per share (further deteriorated from US$0.014 loss in 2Q 2023). Revenue: US$34.4m (down 22% from 2Q 2023). Net loss: US$8.28m (loss widened 422% from 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Leisure industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Oct 27AMMO, Inc. to Report Q2, 2024 Results on Nov 09, 2023AMMO, Inc. announced that they will report Q2, 2024 results After-Market on Nov 09, 2023Major Estimate Revision • Aug 16Consensus revenue estimates decrease by 11%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$160.2m to US$143.3m. EPS estimate increased from -US$0.035 to -US$0.02 per share. Leisure industry in the US expected to see average net income growth of 7.4% next year. Consensus price target of US$2.50 unchanged from last update. Share price fell 3.4% to US$2.00 over the past week.New Risk • Aug 11New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: US$12m Forecast net loss in 1 year: US$1.8m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 10First quarter 2024 earnings: EPS in line with expectations, revenues disappointFirst quarter 2024 results: US$0.016 loss per share (down from US$0.021 profit in 1Q 2023). Revenue: US$34.3m (down 40% from 1Q 2023). Net loss: US$1.87m (down 175% from profit in 1Q 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Leisure industry in the US. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.공시 • Jul 28AMMO, Inc. to Report Q1, 2024 Results on Aug 09, 2023AMMO, Inc. announced that they will report Q1, 2024 results After-Market on Aug 09, 2023공시 • Jul 26+ 1 more updateAMMO, Inc. Announces Chief Executive Officer ChangesAMMO, Inc. announced Jared Smith as the Company’s new Chief Executive Officer effective July 24, 2023. Fred Wagenhals, AMMO’s current CEO and Chairman will remain Executive Chairman of AMMO and GunBroker.com and will be a strategic advisor to the Company and Jared to assist in the transition. Jared has been AMMO’s President and Chief Operating Officer since January 2023. Jared has spent 17 years working in the firearm and ammunition sector, where he most recently spent more than five years as the General Manager with Fiocchi of America, a global manufacturer of premium ammunition for competition, hunting, and defense applications. During his tenure at Fiocchi, he held multiple positions, including Director of Procurement and Supply Chain, and subsequently, Vice President of International Strategy and Development. As Fiocchi’s GM, Jared maintained full P&L ownership and managed separate manufacturing operations, while overseeing three acquisitions and led Fiocchi’s revenue growth in three short years from $95 million to more than $200 million.Major Estimate Revision • Jun 21Consensus EPS estimates fall from profit to US$0.033 lossThe consensus outlook for fiscal year 2024 has been updated. Expected to report loss instead of -US$0.033 instead of US$0.017 per share profit previously forecast. Revenue forecast unchanged at US$163.3m Leisure industry in the US expected to see average net income growth of 13% next year. Consensus price target up from US$2.67 to US$2.83. Share price rose 7.8% to US$2.20 over the past week.Reported Earnings • Jun 16Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: US$0.066 loss per share (down from US$0.27 profit in FY 2022). Revenue: US$191.4m (down 15% from FY 2022). Net loss: US$7.70m (down 125% from profit in FY 2022). Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates by 62%. Revenue is expected to decline by 5.5% p.a. on average during the next 2 years, while revenues in the Leisure industry in the US are expected to grow by 3.9%. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공시 • Jun 01AMMO, Inc. to Report Q4, 2023 Results on Jun 14, 2023AMMO, Inc. announced that they will report Q4, 2023 results After-Market on Jun 14, 2023분석 기사 • May 09Is There An Opportunity With AMMO, Inc.'s (NASDAQ:POWW) 25% Undervaluation?Key Insights Using the 2 Stage Free Cash Flow to Equity, AMMO fair value estimate is US$2.36 Current share price of...공시 • May 05AMMO, Inc. Acknowledges Receipt of Urvan LawsuitAMMO, Inc. acknowledged receipt of a lawsuit filed by Steve Urvan in the Delaware Court of Chancery. Mr. Urvan has served as a director of the Company since April 2021 when he joined the Board of Directors upon the closing of the Company’s acquisition of GunBroker.com. In August 2022, Mr. Urvan launched a proxy contest in which he sought to replace a majority of the Board of Directors. The parties ultimately settled the proxy contest by agreement in November 2022. On April 28, 2023, Mr. Urvan filed suit against the Company and certain individuals (including some of its officers and directors) in the Delaware Court of Chancery. Mr. Urvan’s complaint alleges that he was fraudulently induced to sell GunBroker.com to the Company more than two years ago. Mr. Urvan seeks partial rescission of the transaction, monetary damages and other relief. The individual defendants believe Mr. Urvan’s claims are meritless and represent a continuation of Mr. Urvan’s campaign against the Company, and they plan to vigorously defend the Company and themselves against Mr. Urvan.Recent Insider Transactions • Mar 29President & COO recently bought US$88k worth of stockOn the 23rd of March, Jared Smith bought around 55k shares on-market at roughly US$1.60 per share. This transaction increased Jared's direct individual holding by 1x at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$102k. Jared has been a buyer over the last 12 months, purchasing a net total of US$190k worth in shares.분석 기사 • Mar 21Is AMMO (NASDAQ:POWW) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Buying Opportunity • Mar 09Now 21% undervaluedOver the last 90 days, the stock is up 4.2%. The fair value is estimated to be US$2.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 79% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 18% in a year. Earnings is forecast to grow by 83% in the next year.Recent Insider Transactions • Feb 27President & COO recently bought US$102k worth of stockOn the 22nd of February, Jared Smith bought around 50k shares on-market at roughly US$2.04 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Jared's only on-market trade for the last 12 months.Buying Opportunity • Feb 21Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.6%. The fair value is estimated to be US$2.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 79% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 18% in a year. Earnings is forecast to grow by 83% in the next year.Reported Earnings • Feb 16Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: US$0.042 loss per share (down from US$0.072 profit in 3Q 2022). Revenue: US$38.7m (down 36% from 3Q 2022). Net loss: US$4.89m (down 159% from profit in 3Q 2022). Revenue missed analyst estimates by 29%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Leisure industry in the US. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공시 • Feb 15AMMO, Inc. Provides Earnings Guidance for the Year 2023AMMO, Inc. provided earnings guidance for the year 2023. For the year, the company expects revenues of $185 million.공시 • Feb 01AMMO, Inc. to Report Q3, 2023 Results on Feb 14, 2023AMMO, Inc. announced that they will report Q3, 2023 results After-Market on Feb 14, 2023분석 기사 • Jan 31Estimating The Intrinsic Value Of AMMO, Inc. (NASDAQ:POWW)Key Insights AMMO's estimated fair value is US$2.4 based on 2 Stage Free Cash Flow to Equity Current share price of...Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$2.36, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Leisure industry in the US. Total returns to shareholders of 92% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$2.40 per share.분석 기사 • Jan 13AMMO, Inc.'s (NASDAQ:POWW) 29% Jump Shows Its Popularity With InvestorsAMMO, Inc. ( NASDAQ:POWW ) shareholders are no doubt pleased to see that the share price has bounced 29% in the last...공시 • Jan 12Ammo, Inc. Elects Randy E. Luth as DirectorAMMO, Inc. announced that at its Annual Meeting of Shareholders held on January 5, 2023, elected Randy E. Luth as director.분석 기사 • Dec 09AMMO (NASDAQ:POWW) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Board Change • Dec 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Wayne Walker was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Major Estimate Revision • Nov 21Consensus revenue estimates fall by 24%The consensus outlook for revenues in 2023 has deteriorated. 2023 revenue forecast decreased from US$295.1m to US$224.0m. EPS estimate fell from US$0.25 to US$0.06 per share. Net income forecast to grow 86% next year vs 0.1% growth forecast for Leisure industry in the US. Consensus price target down from US$8.00 to US$4.67. Share price fell 30% to US$2.18 over the past week.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorated over the past weekAfter last week's 30% share price decline to US$2.18, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Leisure industry in the US. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$2.86 per share.Price Target Changed • Nov 16Price target decreased to US$4.67Down from US$8.00, the current price target is an average from 3 analysts. New target price is 112% above last closing price of US$2.20. Stock is down 67% over the past year. The company is forecast to post earnings per share of US$0.17 for next year compared to US$0.27 last year.Buying Opportunity • Nov 16Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 52%. The fair value is estimated to be US$2.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 91% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 14% in a year. Earnings is forecast to grow by 198% in the next year.Seeking Alpha • Sep 20AMMO expands distribution network with rollout of product OfferingsAMMO (NASDAQ:POWW) announced the rollout of its full portfolio of loaded ammunition, including its STREAK Visual Ammunition, brass casings and munition components, to an additional 440 retail stores in the first two quarters of the company’s fiscal year throughout the U.S. It will provide the company access to 10,000+ nationwide retailers. “The significant increase in demand across the commercial market has allowed us to further expand AMMO’s distribution footprint throughout the U.S. Adding distribution is critical to building our brand in the industry, and I am confident we will continue to grow our U.S. and international distribution at a rapid pace throughout the course of this fiscal year. As anticipated, we are consistently receiving increasingly strong interest in our technologically advanced ammunition from military and law enforcement channels (domestic and abroad), including our patented armor piercing and STREAK™ rounds. We continue to expect this channel to be a fiscal 2023 growth driver.” said Fred Wagenhals, AMMO’s Chairman & CEO.Price Target Changed • Aug 16Price target decreased to US$9.00Down from US$10.75, the current price target is an average from 3 analysts. New target price is 89% above last closing price of US$4.76. Stock is down 33% over the past year. The company is forecast to post earnings per share of US$0.38 for next year compared to US$0.27 last year.Seeking Alpha • Aug 12AMMO FQ1 Earnings PreviewAMMO (NASDAQ:POWW) is scheduled to announce FQ1 earnings results on Monday, August 15th, after market close. The consensus EPS Estimate is $0.07 and the consensus Revenue Estimate is $69.88M Over the last 2 years, POWW has beaten EPS estimates 88% of the time and has beaten revenue estimates 88% of the time.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 18% share price gain to US$5.46, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Leisure industry in the US. Total returns to shareholders of 172% over the past three years.분석 기사 • Jul 22We Think AMMO (NASDAQ:POWW) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Major Estimate Revision • Jul 06Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast fell from US$311.8m to US$301.6m. EPS estimate rose from US$0.34 to US$0.38. Net income forecast to grow 46% next year vs 19% growth forecast for Leisure industry in the US. Consensus price target down from US$10.75 to US$10.00. Share price rose 3.4% to US$4.21 over the past week.Reported Earnings • Jun 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: US$0.27 (up from US$0.14 loss in FY 2021). Net income: US$30.6m (up US$38.4m from FY 2021). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Seeking Alpha • Jun 29AMMO Non-GAAP EPS of $0.53, revenue of $240.27M misses by $5.79MAMMO press release (NASDAQ:POWW): FY Non-GAAP EPS of $0.53. Revenue of $240.27M (+284.6% Y/Y) misses by $5.79M. Shares +14.75%. Gross profit margin grew to approximately 37%, compared to approximately 18%. Adjusted EBITDA of $75.5 million compared to $8.1 million, an 832% increase. Marketplace revenue of approximately $65 million. New user growth averaged 55,000 per month. Average take rate increased to 5.1% compared to 4.6% in fiscal 2021. Loyalty program revenue increased 318.3% year-over-year 2023 Guidance: Total Revenues of $300 million to $310 million EBITDA of $82 million to $85 million Adjusted EBITDA of $108 million to $111 millionSeeking Alpha • Jun 21Biden Might Ban Government 5.56 Ammo SalesBiden might ban government produced 5.56 ammo sales. This will reduce supply and help AMMO, Inc. via less competition. Recent political legislative actions in the US and Canada could cause a spike in gun sales. AMMO, Inc. is close to completing expansion of its new ammunition facility, thus tripling its ammo output. At completion, revenues and profits will increase. A pending legal case could bring Black Swan events. Investors need to practice caution.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to US$3.79, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Leisure industry in the US. Total returns to shareholders of 72% over the past three years.Valuation Update With 7 Day Price Move • May 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to US$4.45, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Leisure industry in the US. Total returns to shareholders of 108% over the past three years.Seeking Alpha • May 25AMMO, Inc.: A Gem In A Very Unpopular NicheToday, we take an in-depth look at AMMO, Inc., which is in a very unpopular niche of the market at the moment. However, the company is nicely profitable and seeing explosive revenue growth. A full investment analysis is provided in the paragraphs below.매출 및 비용 세부 내역Outdoor Holding가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NasdaqCM:POWW 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비31 Dec 2546-3257030 Sep 2547-5579030 Jun 2544-6286031 Mar 2544-6886031 Dec 24-17-3556030 Sep 249-1738030 Jun 2426-1941031 Mar 2448-838031 Dec 23142-1748030 Sep 23145-1951030 Jun 23158-1245031 Mar 2353139031 Dec 22206-449030 Sep 22233943030 Jun 222412442031 Mar 222263138031 Dec 211823029030 Sep 211332024030 Jun 2191418031 Mar 2158-814031 Dec 2040-1211030 Sep 2027-139030 Jun 2019-149031 Mar 2014-159031 Dec 1911-189030 Sep 199-1610030 Jun 197-149031 Mar 194-129031 Dec 185-68030 Sep 184-77030 Jun 183-66031 Mar 182-55031 Dec 171-640양질의 수익: POWW 은(는) 현재 수익성이 없습니다.이익 마진 증가: POWW는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: POWW은 수익성이 없으며 지난 5년 동안 손실이 연평균 59.8% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 POWW의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: POWW은 수익성이 없어 지난 해 수익 성장률을 Specialty Retail 업계(-1.1%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: POWW는 현재 수익성이 없으므로 자본 수익률이 음수(-12.3%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YRetail 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 12:15종가2026/05/22 00:00수익2025/12/31연간 수익2025/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Outdoor Holding Company는 2명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Mark SmithLake Street Capital Markets, LLCMatthew KorandaRoth Capital Partners
공시 • Jan 13Outdoor Holding Company to Report Q3, 2026 Results on Feb 09, 2026Outdoor Holding Company announced that they will report Q3, 2026 results Pre-Market on Feb 09, 2026
Reported Earnings • Nov 11Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$0.006 (up from US$0.056 loss in 2Q 2025). Revenue: US$12.0m (up 13% from 2Q 2025). Net income: US$656.2k (up US$7.31m from 2Q 2025). Profit margin: 5.5% (up from net loss in 2Q 2025). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
공시 • Oct 21Outdoor Holding Company to Report Q2, 2026 Results on Nov 20, 2025Outdoor Holding Company announced that they will report Q2, 2026 results Pre-Market on Nov 20, 2025
Reported Earnings • Aug 10First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: US$0.057 loss per share (improved from US$0.13 loss in 1Q 2025). Revenue: US$11.9m (down 60% from 1Q 2025). Net loss: US$6.64m (loss narrowed 57% from 1Q 2025). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 71%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Leisure industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 21Third quarter 2025 earnings released: US$0.23 loss per share (vs US$0.02 loss in 3Q 2024)Third quarter 2025 results: US$0.23 loss per share (further deteriorated from US$0.02 loss in 3Q 2024). Revenue: US$29.2m (down 15% from 3Q 2024). Net loss: US$26.9m (loss widened US$24.5m from 3Q 2024). Revenue is expected to decline by 22% p.a. on average during the next 2 years, while revenues in the Leisure industry in the US are expected to grow by 2.8%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 09First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: US$0.066 loss per share (further deteriorated from US$0.016 loss in 1Q 2024). Revenue: US$31.0m (down 6.4% from 1Q 2024). Net loss: US$7.84m (loss widened 320% from 1Q 2024). Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 133%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Leisure industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
Price Target Changed • Mar 16Price target increased by 12% to US$2.65Up from US$2.38, the current price target is an average from 2 analysts. New target price is 28% above last closing price of US$2.07. Stock is up 45% over the past year. The company is forecast to post a net loss per share of US$0.055 next year compared to a net loss per share of US$0.58 last year.
공시 • Mar 03Outdoor Holding Company Launches AI-Powered Listing Tool on GunBroker MarketplaceOutdoor Holding Company introduced a proprietary AI-powered listing tool designed to drive seller performance, enhance marketplace quality and further strengthen the Company's long-term competitive position. The new feature enables sellers on GunBroker to automatically generate optimized product descriptions using artificial intelligence purpose-built for the firearms marketplace. The system is informed by 27 years of proprietary transactional data, buyer behavior insights and listing performance analytics unique to the GunBroker platform. By embedding the AI tool directly within the listing workflow, the Company has reduced friction in the listing creation process while standardizing quality across the marketplace. Sellers enter firearms specifications as usual and, following the photo upload step, may select "Use AI to Generate Desriptions." The system then produces a structured, marketplace-optimized description aligned with GunBroker best practices. The launch reflects Outdoor Holding Company's disciplined approach to deploying artificial intelligence in ways that directly enhance marketplace functionality, user experience, and economics. Unlike generic AI applications, the Company's solution is trained on proprietary marketplace data accumulated over nearly three decades, enabling vertical-specific optimization that off-the-shelf tools cannot replicate. The AI-powered listing tool represents one step in a broader technology roadmap. The Company will continue to evaluate and implement responsible AI-driven enhancements aimed at improving user experience, optimizing marketplace performance and unlocking additional operating leverage across its platform.
새로운 내러티브 • Feb 28Universal Payments And Cost Cuts Will Shape A Cautious But Stable FutureCatalysts About Outdoor Holding Outdoor Holding operates GunBroker.com, an online marketplace focused on firearms and related products. What are the underlying business or industry changes driving this perspective?
공시 • Feb 24Outdoor Holding Company Reaches Settlement with Digital Cash ProcessingOutdoor Holding Company announced that it has entered into a settlement agreement with Innovative Computer Professionals Inc., d/b/a Digital Cash Processing ("DCP"), resolving the previously disclosed litigation pending in the United States District Court for the District of Minnesota. Under the terms of the agreement, the Company agreed to pay $4.4 million in full and final settlement of the matter. Upon payment, the parties will file a dismissal with prejudice. The agreement includes customary mutual releases, but does not release certain non-affiliate third-party contractors. The settlement does not constitute an admission of liability or wrongdoing by the Company or its subsidiary. After careful evaluation, the Board of Directors determined that resolving the matter at this stage eliminates ongoing uncertainty and substantial future legal costs. While the Company was prepared to continue defending the case, further litigation would have required significant time, expense, and executive attention. By bringing the matter to a close, the Company eliminates uncertainty and allows its leadership team to devote its full focus to operational execution, strategic initiatives, and long-term value creation. The Company expects to record a one-time charge of approximately $4.4 million in the current quarter, the impact of which will be partially offset by a reduction in budgeted operational legal expense over the next several years. The settlement is not expected to have a material impact on the Company's liquidity, capital resources, or ongoing operations. Outdoor Holding Company remains committed to disciplined capital allocation, operational rigor, and expanding its leadership position in its core markets to enhance marketplace performance and improve shareholder returns.
새로운 내러티브 • Feb 11Universal Payments And Used Firearms Focus Will Reshape This Marketplace Over The Next DecadeCatalysts About Outdoor Holding Outdoor Holding operates GunBroker.com, a pure play ecommerce marketplace focused on firearms and related products. What are the underlying business or industry changes driving this perspective?
공시 • Jan 13Outdoor Holding Company to Report Q3, 2026 Results on Feb 09, 2026Outdoor Holding Company announced that they will report Q3, 2026 results Pre-Market on Feb 09, 2026
공시 • Jan 06Outdoor Holding Company (NasdaqCM:POWW) announces an Equity Buyback for $15 million worth of its shares.Outdoor Holding Company (NasdaqCM:POWW) announces an share repurchase program. Under the program, the company will repurchases up to $15 million worth of its outstanding common stock. The purpose of the program is disciplined capital allocation and long-term shareholder value. The repurchases will be funded from the Company’s existing cash balances, future operating cash flows, or other legally available funds. The program is valid till 12 months.
Seeking Alpha • Dec 29Outdoor Holding: The Ammo Anchor Is Gone, The Marketplace RemainsSummary Outdoor Holding Company (POWW) has transformed into a pure-play, high-margin digital marketplace after divesting its ammunition business. GunBroker.com now delivers 87% gross margins, positive net income, and robust cash generation, with significant room for monetization upside. Shares trade at a deep discount—roughly 6x forward EV/EBITDA—offering ~50% upside to conservative valuation targets as the turnaround gains traction. Management is highly aligned, cost discipline is evident, and a substantial cash position provides downside protection and optionality for buybacks. Read the full article on Seeking Alpha
공시 • Dec 18Outdoor Holding Company Announces Settlement in Sec Administrative MatterOutdoor Holding Company announced that it has reached a settlement with the U.S. Securities and Exchange Commission (“SEC”) to resolve its previously disclosed investigation. “We are pleased to have reached a resolution with the SEC which does not include a civil penalty or monetary sanction. The Company has worked hard to put this chapter behind us,” said Steve Urvan, Chairman and Chief Executive Officer of Outdoor Holding Company. Without admitting or denying the SEC’s findings except as to jurisdiction, the Company agreed to cease and desist from future violations of the antifraud and numerous other provisions of the federal securities laws stemming from, among other things: (i) failure to disclose a former executive officer’s employment and role; (ii) failure to disclose related party transactions involving that former executive officer; (iii) improper capitalization of certain equity issuance costs; (iv) understatement of stock compensation expenses; (v) disclosure concerning the calculation of Adjusted EBITDA; and (vi) inadequate internal accounting controls. The Order acknowledged that the Company is now operating under new senior management that is different from those responsible for the conduct leading to the violations described in the Order. A copy of the Order will be filed as an exhibit to a Current Report on Form 8-K and will be available on the Company’s website. In the Order, OHC also consented to undertakings requiring the Company to engage an outside compliance consultant to review and assist with the Company’s remediation of material weaknesses in internal control over financial reporting. The Company is required to fully cooperate with the compliance consultant, adopt and implement all of the compliance consultant’s recommendations within two years, and provide related certifications of compliance to the SEC staff. These undertakings align with OHC’s ongoing internal controls remediation efforts. Over the past year, the Company has undertaken a broad, multi-phase remediation program overseen directly by its Board of Directors, Audit Committee, and Disclosure Committee. These remediation efforts include, among other actions, completion of an independent investigation and restating its financial statements for fiscal years 2022, 2023 and 2024, each of the quarters within fiscal year 2024, and the first quarter of fiscal year 2025. The Company has replaced its prior senior leadership, expanded and upgraded its accounting and external reporting personnel, retained SOX and outside controls advisors, strengthened policies governing expense classification and capitalization, implemented enhanced period-end close and reconciliation controls, established a formal disclosure committee, and adopted a new robust process for identifying and disclosing related party transactions. The Company has also implemented training and governance enhancements designed to ensure these improvements are sustained over the long term. In August 2025, the Board reduced its size to five and added two new independent board members to increase financial expertise and improve board-level strategic guidance and governance.
공시 • Nov 22Outdoor Holding Company Announces Resignation of Elizabeth Cross Chief Operating Officer, Effective November 28, 2025On November 14, 2025, Elizabeth Cross, who serves as the Chief Operating Officer of the GunBroker division of Outdoor Holding Company (the “Company”), delivered notice to the Company of her resignation, effective November 28, 2025. Ms. Cross’s resignation did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.
Price Target Changed • Nov 14Price target increased by 40% to US$2.38Up from US$1.70, the current price target is an average from 2 analysts. New target price is 30% above last closing price of US$1.82. Stock is up 49% over the past year. The company is forecast to post a net loss per share of US$0.06 next year compared to a net loss per share of US$0.58 last year.
Reported Earnings • Nov 11Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$0.006 (up from US$0.056 loss in 2Q 2025). Revenue: US$12.0m (up 13% from 2Q 2025). Net income: US$656.2k (up US$7.31m from 2Q 2025). Profit margin: 5.5% (up from net loss in 2Q 2025). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
New Risk • Nov 10New major risk - Revenue and earnings growthEarnings have declined by 59% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 59% per year over the past 5 years. Minor Risk Currently unprofitable and not forecast to become profitable next year (US$12m net loss next year).
공시 • Oct 21Outdoor Holding Company to Report Q2, 2026 Results on Nov 20, 2025Outdoor Holding Company announced that they will report Q2, 2026 results Pre-Market on Nov 20, 2025
Major Estimate Revision • Sep 19Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$48.9m to US$47.9m. Losses expected to increase from US$0.11 per share to US$0.14. Leisure industry in the US expected to see average net income growth of 37% next year. Consensus price target of US$1.70 unchanged from last update. Share price fell 5.3% to US$1.44 over the past week.
공시 • Sep 17Outdoor Holding Company Announces Management ChangesOn September 10, 2025, Tod Wagenhals, who serves as the Executive Vice President and Secretary of Outdoor Holding Company, delivered notice to the Board of Directors of the Company of his resignation from his position as the Secretary of the Company, effective September 10, 2025, and as the Executive Vice President of the Company, to be effective December 31, 2025. In connection with Mr. Wagenhals’ resignation as the Secretary of the Company, the Board appointed Jordan Christensen, the Company’s Chief Legal Officer, to the position of Secretary of the Company, effective September 10, 2025, to serve in such position in addition to his duties as Chief Legal Officer of the Company.
분석 기사 • Sep 08Market Participants Recognise Outdoor Holding Company's (NASDAQ:POWW) Revenues Pushing Shares 26% HigherThose holding Outdoor Holding Company ( NASDAQ:POWW ) shares would be relieved that the share price has rebounded 26...
Board Change • Sep 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Houman Akhavan was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • Aug 15Consensus EPS estimates fall by 22%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$47.7m to US$48.9m. Forecast EPS reduced from -US$0.09 to -US$0.11 per share. Leisure industry in the US expected to see average net income growth of 38% next year. Consensus price target of US$1.70 unchanged from last update. Share price rose 15% to US$1.31 over the past week.
분석 기사 • Aug 15Outdoor Holding (NASDAQ:POWW) Is Using Debt SafelyNasdaqCM:POWW 1 Year Share Price vs Fair Value Explore Outdoor Holding's Fair Values from the Community and select...
Reported Earnings • Aug 10First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: US$0.057 loss per share (improved from US$0.13 loss in 1Q 2025). Revenue: US$11.9m (down 60% from 1Q 2025). Net loss: US$6.64m (loss narrowed 57% from 1Q 2025). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 71%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Leisure industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Price Target Changed • Jun 06Price target decreased by 7.4% to US$2.20Down from US$2.38, the current price target is an average from 2 analysts. New target price is 67% above last closing price of US$1.32. Stock is down 46% over the past year. The company is forecast to post a net loss per share of US$0.11 next year compared to a net loss per share of US$0.16 last year.
분석 기사 • May 31Outdoor Holding Company's (NASDAQ:POWW) 26% Share Price Plunge Could Signal Some RiskOutdoor Holding Company ( NASDAQ:POWW ) shareholders won't be pleased to see that the share price has had a very rough...
공시 • May 29+ 1 more updateOutdoor Holding Company Announces Board Changes, Effective May 30, 2025Outdoor Holding Company announced that Jared Smith delivered notice to the Board of his resignation as a member of the Board and from his position as officer or member of each of the Company’s direct or indirect subsidiaries, effective as of the May 30, 2025 (Effective Date). Mr. Smith’s resignation is not in connection with any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Effective as of the Effective Date, Mr. Smith’s amended and restated employment agreement (the “Smith Employment Agreement”) will terminate, except that certain surviving customary confidentiality provisions and non-disparagement covenants will remain in full force and effect. the Board agreed to take any action necessary to appoint Urvan as the Chief Executive Officer of the Company and as the Chairman of the Board, with such appointment to be effective as of the Effective Date. Additional information regarding Urvan’s appointment is included under Item 5.02 of this Current Report. Urvan, age 59, has been a director of the Company since April 2021. Mr. Urvan was employed by the Company from April 2021 through January 5, 2023 as the Chief Strategy Officer of GunBroker.com. Urvan is the Founder and has been the CEO of BitRail, a compliant payments infrastructure company, since February 2018. Urvan founded GunBroker.com in 1999 and served as its Chief Executive Officer until the Company acquired it in April 2021. Urvan has spent over 20 years as an entrepreneur, advisor, and investor with a passion for building and growing companies across various industries, but always with a focus of technology as a core or enabler. Urvan remains active in other companies that he founded, including Outdoors.com Digital Media, an outdoor lifestyle website, App Cohesion, an e-commerce technology platform, and Gemini Southern, a merchant bank.
Reported Earnings • May 21Third quarter 2025 earnings released: US$0.23 loss per share (vs US$0.02 loss in 3Q 2024)Third quarter 2025 results: US$0.23 loss per share (further deteriorated from US$0.02 loss in 3Q 2024). Revenue: US$29.2m (down 15% from 3Q 2024). Net loss: US$26.9m (loss widened US$24.5m from 3Q 2024). Revenue is expected to decline by 22% p.a. on average during the next 2 years, while revenues in the Leisure industry in the US are expected to grow by 2.8%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
공시 • Apr 09+ 1 more updateAMMO, Inc. Announces Resignation of Fred W. Wagenhals as Executive Chairman and Chairman of the Board, Effective April 4, 2025AMMO, Inc. announced that on April 4, 2025, Fred W. Wagenhals delivered notice to the Board of Directors of the Company (the “Board”) of his resignation from his position as the Executive Chairman of the Company and as Chairman of the Board, effective immediately. Mr. Wagenhals’s resignation from the Board was not in connection with any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
공시 • Apr 03Ammo, Inc. Announces Resignation of Jessica M. Lockett as A Member of the Board and All Committees, Effective March 30, 2025On March 30, 2025, Jessica M. Lockett notified the Board of Directors of AMMO, Inc. (the “Company”) of her resignation from her position as a member of the Board and all committees thereof, effective March 30, 2025.
공시 • Feb 26AMMO, Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-QAMMO, Inc. announced that it received an expected additional deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on February 19, 2025 (the “Notice”). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of the Company’s failure to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2024 (the “Form 10-Q”), as described more fully in the Company’s Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission (the “SEC”) on February 10, 2025 (the “Form 12b-25”). The Listing Rule requires Nasdaq-listed companies to timely file all required periodic financial reports with the SEC. As reported in the Form 12b-25, the Form 10-Q cannot be filed within the prescribed time period without unreasonable effort or expense because (i) the Audit Committee of the Board of Directors, in consultation with the Company’s management, has determined that the financial statements for certain historical periods must be restated and (ii) an independent investigation (the “Investigation”) conducted by a law firm retained by a Special Committee of the Board of Directors of the Company, while nearing its conclusion, is still ongoing. The Company has until March 6, 2025, to submit an updated plan to regain compliance with the Listing Rule (the “Updated Plan”). The Company intends to timely submit the Updated Plan. Pursuant to the Notice, if Nasdaq accepts the Updated Plan, Nasdaq has the discretion to grant the Company an exception of up to 180 calendar days (the “Compliance Period”) from the due date of the Company’s initial delinquent filing, or until May 19, 2025, to regain compliance with the Listing Rule. While the Company cannot provide specific timing regarding the filing of the Form 10-Q, the Company continues to work diligently to complete the Form 10-Q and intends to file the Form 10-Q as soon as practicable to regain compliance with the Listing Rule within the Compliance Period. No assurance can be given that the Company will be able to regain compliance with the Listing Rule or maintain compliance with the other continued listing requirements set in the Nasdaq Listing Rules. If the Company does not regain compliance with the Listing Rule within the Compliance Period, Nasdaq could provide notice that the Company’s securities will become subject to delisting. If the Company receives notice that its securities are being delisted, Nasdaq rules permit the Company to appeal any delisting determination by Nasdaq staff to a hearings panel. The Notice has no immediate effect on the listing of the Company’s common stock or preferred stock on Nasdaq.
Seeking Alpha • Feb 25AMMO: Ammunition Sale Leaves Behind A Deteriorating GunBrokerSummary AMMO, Inc. sold its ammunition manufacturing assets for $75 million, leaving behind the GunBroker business. GunBroker's revenues have been on a decline. The company's strategy to increase the take rate has led to even more rapid GMV declines with competitors gaining market share. GunBroker still generates incredibly high margins, but financial uncertainty stands, especially as AMMO's financial reporting currently waits an ongoing accounting investigation. I believe that AMMO is still an unattractive investment as GunBroker's performance is deteriorating. Read the full article on Seeking Alpha
공시 • Feb 11AMMO, Inc. announced delayed 10-Q filingOn 02/10/2025, AMMO, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Feb 03AMMO, Inc., Annual General Meeting, Jul 29, 2025AMMO, Inc., Annual General Meeting, Jul 29, 2025.
공시 • Nov 27AMMO Receives Non-Compliance Letter Regarding Nasdaq Listing Rule 5250(c)(1)On November 20, 2024, AMMO, Inc. (the Company") received a deficiency notification letter (the Notice") from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (Nasdaq"). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the Listing Rule") as a result of the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 (the Form 10-Q"), as described more fully in the Company's Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission (the SEC") on November 13, 2024 (the Form 12b-25"). The Listing Rule requires Nasdaq-listed companies to timely file all required periodic financial reports with the SEC. As reported in the Form 12b-25, the Form 10-Q cannot be filed within the prescribed time period without unreasonable effort or expense as a result of the ongoing independent investigation (the Investigation") conducted by a law firm retained by a Special Committee of the Board of Directors of the Company. The Company has until January 21, 2025, to submit a plan to regain compliance with the Listing Rule (the Plan"). The Company intends to timely submit the Plan, if necessary. Pursuant to the Notice, if Nasdaq accepts the Plan, Nasdaq has the discretion to grant the Company an exception of up to 180 calendar days (the Compliance Period") from the due date of the Form 10-Q, or until May 19, 2025, to regain compliance with the Listing Rule. While the Company cannot provide specific timing regarding the filing of the Form 10-Q, the Company continues to work diligently to complete the Form 10-Q and intends to file the Form 10-Q as soon as practicable to regain compliance with the Listing Rule within the Compliance Period. No assurance can be given that the Company will be able to regain compliance with the Listing Rule or maintain compliance with the other continued listing requirements set in the Nasdaq Listing Rules. If the Company does not regain compliance with the Listing Rule within the Compliance Period, Nasdaq could provide notice that the Company's securities will become subject to delisting. If the Company receives notice that its securities are being delisted, Nasdaq rules permit the Company to appeal any delisting determination by Nasdaq staff to a hearings panel. The Notice has no immediate effect on the listing of the Company's common stock or preferred stock on Nasdaq.
공시 • Nov 14AMMO, Inc. announced delayed 10-Q filingOn 11/13/2024, AMMO, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Oct 01Bragar Eagel & Squire, P.C. Announces Class Action Lawsuit Files Against AMMO, IncBragar Eagel & Squire, P.C announced that a class action lawsuit has been filed against AMMO, Inc. in the United States District Court for the District of Arizona on behalf of all persons and entities who purchased or otherwise acquired AMMO securities between August 19, 2020 and September 24, 2024, both dates inclusive (the “Class Period”). Investors have until November 29, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the company lacked adequate internal controls over financial reporting; (2) that there was a substantial likelihood the Company failed to accurately disclose all executive officers, members of management, and potential related party transactions in fiscal years 2020 through 2023; (3) that there was a substantial likelihood the Company failed to properly characterize certain fees paid for investor relations and legal services as reductions of proceeds from capital raises rather than period expenses in fiscal years 2021 and 2022; (4) there was a substantial likelihood the Company failed to appropriately value unrestricted stock awards to officers, directors, employees and others in fiscal years 2020 through 2022; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
분석 기사 • Aug 15AMMO, Inc. (NASDAQ:POWW) Might Not Be As Mispriced As It Looks After Plunging 28%To the annoyance of some shareholders, AMMO, Inc. ( NASDAQ:POWW ) shares are down a considerable 28% in the last month...
Price Target Changed • Aug 12Price target decreased by 12% to US$2.30Down from US$2.63, the current price target is an average from 2 analysts. New target price is 53% above last closing price of US$1.51. Stock is down 27% over the past year. The company is forecast to post a net loss per share of US$0.02 next year compared to a net loss per share of US$0.16 last year.
Reported Earnings • Aug 09First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: US$0.066 loss per share (further deteriorated from US$0.016 loss in 1Q 2024). Revenue: US$31.0m (down 6.4% from 1Q 2024). Net loss: US$7.84m (loss widened 320% from 1Q 2024). Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 133%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Leisure industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
분석 기사 • Aug 06AMMO (NASDAQ:POWW) Has Debt But No Earnings; Should You Worry?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
공시 • Jul 25AMMO, Inc. to Report Q1, 2025 Results on Aug 08, 2024AMMO, Inc. announced that they will report Q1, 2025 results After-Market on Aug 08, 2024
분석 기사 • Jun 25With A 28% Price Drop For AMMO, Inc. (NASDAQ:POWW) You'll Still Get What You Pay ForTo the annoyance of some shareholders, AMMO, Inc. ( NASDAQ:POWW ) shares are down a considerable 28% in the last month...
New Risk • Jun 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$2.8m net loss in 2 years). Share price has been volatile over the past 3 months (9.7% average weekly change).
Reported Earnings • Jun 16Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: US$0.16 loss per share (further deteriorated from US$0.066 loss in FY 2023). Revenue: US$138.9m (down 24% from FY 2023). Net loss: US$18.7m (loss widened 143% from FY 2023). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 52%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Leisure industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 31 percentage points per year, which is a significant difference in performance.
공시 • May 31AMMO, Inc. to Report Q4, 2024 Results on Jun 13, 2024AMMO, Inc. announced that they will report Q4, 2024 results After-Market on Jun 13, 2024
분석 기사 • Apr 15Investors Interested In AMMO, Inc.'s (NASDAQ:POWW) RevenuesWhen you see that almost half of the companies in the Leisure industry in the United States have price-to-sales ratios...
Price Target Changed • Mar 28Price target decreased by 7.4% to US$2.63Down from US$2.83, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$2.75. Stock is up 34% over the past year. The company is forecast to post a net loss per share of US$0.10 next year compared to a net loss per share of US$0.066 last year.
공시 • Mar 15AMMO, Inc. Announces Launch of Multi-Item Cart and Single Payment Portal on GunBroker.com to Streamline Customer ExperienceAMMO, Inc. announced the official launch of new tools to enhance the customer experience at GunBroker.com that incorporates a new multi-item cart and single payment portal. The multi-item cart allows customers to purchase multiple items from different sellers, with a single checkout and payment. Previously, buying more than one item required a corresponding number of checkouts for each purchase. Firearms and accessories, such as holsters, magazines, ammunition, etc., will all be incorporated into the new system that will require users only enter their federal firearms license (FFL), payment and shipping information one time. Any coupon or discounts offered by sellers, applied once, will automatically be applied to all eligible items. The cart will display orders requiring payment from auctions that customers have won along with immediate purchase items the user added to the cart. All these items can be checked out and paid for together. In addition, the checkout process has been streamlined, requiring single entry shipping information. Customers will select a FFL holder for restricted items and a shipping address for non-restricted items as the system automatically completes that transaction with the seller.
Recent Insider Transactions • Mar 06Founder & Executive Chairman of Board recently sold US$87k worth of stockOn the 1st of March, Fred Wagenhals sold around 36k shares on-market at roughly US$2.40 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$481k. Fred has been a net seller over the last 12 months, reducing personal holdings by US$569k.
Recent Insider Transactions • Feb 25Founder & Executive Chairman of Board recently sold US$481k worth of stockOn the 16th of February, Fred Wagenhals sold around 193k shares on-market at roughly US$2.50 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Fred's only on-market trade for the last 12 months.
Seeking Alpha • Feb 20AMMO Q3: Revenue Slump Isn't My Main ConcernSummary AMMO manufactures ammunition and operates GunBroker, a marketplace for firearms and accessories. The company's revenues have fallen as heightened pandemic demand has turned into a post-pandemic slump with a weak economic environment. I believe that AMMO can still achieve good future growth, but the company's thin profitability doesn't make for a very attractive investment. At the current price, the stock seems to have some overvaluation with my financial estimates. Read the full article on Seeking Alpha
Reported Earnings • Feb 10Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: US$0.02 loss per share (improved from US$0.042 loss in 3Q 2023). Revenue: US$36.0m (down 7.0% from 3Q 2023). Net loss: US$2.43m (loss narrowed 50% from 3Q 2023). Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 33%. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Leisure industry in the US. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings.
공시 • Jan 26AMMO, Inc. to Report Q3, 2024 Results on Feb 08, 2024AMMO, Inc. announced that they will report Q3, 2024 results After-Market on Feb 08, 2024
분석 기사 • Dec 24Is AMMO (NASDAQ:POWW) Using Debt In A Risky Way?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
공시 • Nov 30AMMO, Inc., Annual General Meeting, Jan 11, 2024AMMO, Inc., Annual General Meeting, Jan 11, 2024, at 10:00 US Mountain Standard Time. Agenda: To elect nine directors to serve on Board of Directors; to ratify the appointment of Pannell Kerr Forster of Texas, P.C as independent registered public accounting firm for fiscal year ending March 31, 2024; to approve an amendment to the Ammo, Inc. 2017 Equity Incentive Plan to increase the number of shares of Common Stock authorized for issuance under the Plan; and to transact any other business that may properly come before the Annual Meeting.
Reported Earnings • Nov 10Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: US$0.07 loss per share (further deteriorated from US$0.014 loss in 2Q 2023). Revenue: US$34.4m (down 22% from 2Q 2023). Net loss: US$8.28m (loss widened 422% from 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Leisure industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Oct 27AMMO, Inc. to Report Q2, 2024 Results on Nov 09, 2023AMMO, Inc. announced that they will report Q2, 2024 results After-Market on Nov 09, 2023
Major Estimate Revision • Aug 16Consensus revenue estimates decrease by 11%, EPS upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$160.2m to US$143.3m. EPS estimate increased from -US$0.035 to -US$0.02 per share. Leisure industry in the US expected to see average net income growth of 7.4% next year. Consensus price target of US$2.50 unchanged from last update. Share price fell 3.4% to US$2.00 over the past week.
New Risk • Aug 11New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: US$12m Forecast net loss in 1 year: US$1.8m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 10First quarter 2024 earnings: EPS in line with expectations, revenues disappointFirst quarter 2024 results: US$0.016 loss per share (down from US$0.021 profit in 1Q 2023). Revenue: US$34.3m (down 40% from 1Q 2023). Net loss: US$1.87m (down 175% from profit in 1Q 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Leisure industry in the US. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
공시 • Jul 28AMMO, Inc. to Report Q1, 2024 Results on Aug 09, 2023AMMO, Inc. announced that they will report Q1, 2024 results After-Market on Aug 09, 2023
공시 • Jul 26+ 1 more updateAMMO, Inc. Announces Chief Executive Officer ChangesAMMO, Inc. announced Jared Smith as the Company’s new Chief Executive Officer effective July 24, 2023. Fred Wagenhals, AMMO’s current CEO and Chairman will remain Executive Chairman of AMMO and GunBroker.com and will be a strategic advisor to the Company and Jared to assist in the transition. Jared has been AMMO’s President and Chief Operating Officer since January 2023. Jared has spent 17 years working in the firearm and ammunition sector, where he most recently spent more than five years as the General Manager with Fiocchi of America, a global manufacturer of premium ammunition for competition, hunting, and defense applications. During his tenure at Fiocchi, he held multiple positions, including Director of Procurement and Supply Chain, and subsequently, Vice President of International Strategy and Development. As Fiocchi’s GM, Jared maintained full P&L ownership and managed separate manufacturing operations, while overseeing three acquisitions and led Fiocchi’s revenue growth in three short years from $95 million to more than $200 million.
Major Estimate Revision • Jun 21Consensus EPS estimates fall from profit to US$0.033 lossThe consensus outlook for fiscal year 2024 has been updated. Expected to report loss instead of -US$0.033 instead of US$0.017 per share profit previously forecast. Revenue forecast unchanged at US$163.3m Leisure industry in the US expected to see average net income growth of 13% next year. Consensus price target up from US$2.67 to US$2.83. Share price rose 7.8% to US$2.20 over the past week.
Reported Earnings • Jun 16Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: US$0.066 loss per share (down from US$0.27 profit in FY 2022). Revenue: US$191.4m (down 15% from FY 2022). Net loss: US$7.70m (down 125% from profit in FY 2022). Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates by 62%. Revenue is expected to decline by 5.5% p.a. on average during the next 2 years, while revenues in the Leisure industry in the US are expected to grow by 3.9%. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공시 • Jun 01AMMO, Inc. to Report Q4, 2023 Results on Jun 14, 2023AMMO, Inc. announced that they will report Q4, 2023 results After-Market on Jun 14, 2023
분석 기사 • May 09Is There An Opportunity With AMMO, Inc.'s (NASDAQ:POWW) 25% Undervaluation?Key Insights Using the 2 Stage Free Cash Flow to Equity, AMMO fair value estimate is US$2.36 Current share price of...
공시 • May 05AMMO, Inc. Acknowledges Receipt of Urvan LawsuitAMMO, Inc. acknowledged receipt of a lawsuit filed by Steve Urvan in the Delaware Court of Chancery. Mr. Urvan has served as a director of the Company since April 2021 when he joined the Board of Directors upon the closing of the Company’s acquisition of GunBroker.com. In August 2022, Mr. Urvan launched a proxy contest in which he sought to replace a majority of the Board of Directors. The parties ultimately settled the proxy contest by agreement in November 2022. On April 28, 2023, Mr. Urvan filed suit against the Company and certain individuals (including some of its officers and directors) in the Delaware Court of Chancery. Mr. Urvan’s complaint alleges that he was fraudulently induced to sell GunBroker.com to the Company more than two years ago. Mr. Urvan seeks partial rescission of the transaction, monetary damages and other relief. The individual defendants believe Mr. Urvan’s claims are meritless and represent a continuation of Mr. Urvan’s campaign against the Company, and they plan to vigorously defend the Company and themselves against Mr. Urvan.
Recent Insider Transactions • Mar 29President & COO recently bought US$88k worth of stockOn the 23rd of March, Jared Smith bought around 55k shares on-market at roughly US$1.60 per share. This transaction increased Jared's direct individual holding by 1x at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$102k. Jared has been a buyer over the last 12 months, purchasing a net total of US$190k worth in shares.
분석 기사 • Mar 21Is AMMO (NASDAQ:POWW) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Buying Opportunity • Mar 09Now 21% undervaluedOver the last 90 days, the stock is up 4.2%. The fair value is estimated to be US$2.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 79% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 18% in a year. Earnings is forecast to grow by 83% in the next year.
Recent Insider Transactions • Feb 27President & COO recently bought US$102k worth of stockOn the 22nd of February, Jared Smith bought around 50k shares on-market at roughly US$2.04 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Jared's only on-market trade for the last 12 months.
Buying Opportunity • Feb 21Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.6%. The fair value is estimated to be US$2.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 79% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 18% in a year. Earnings is forecast to grow by 83% in the next year.
Reported Earnings • Feb 16Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: US$0.042 loss per share (down from US$0.072 profit in 3Q 2022). Revenue: US$38.7m (down 36% from 3Q 2022). Net loss: US$4.89m (down 159% from profit in 3Q 2022). Revenue missed analyst estimates by 29%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Leisure industry in the US. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공시 • Feb 15AMMO, Inc. Provides Earnings Guidance for the Year 2023AMMO, Inc. provided earnings guidance for the year 2023. For the year, the company expects revenues of $185 million.
공시 • Feb 01AMMO, Inc. to Report Q3, 2023 Results on Feb 14, 2023AMMO, Inc. announced that they will report Q3, 2023 results After-Market on Feb 14, 2023
분석 기사 • Jan 31Estimating The Intrinsic Value Of AMMO, Inc. (NASDAQ:POWW)Key Insights AMMO's estimated fair value is US$2.4 based on 2 Stage Free Cash Flow to Equity Current share price of...
Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$2.36, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Leisure industry in the US. Total returns to shareholders of 92% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$2.40 per share.
분석 기사 • Jan 13AMMO, Inc.'s (NASDAQ:POWW) 29% Jump Shows Its Popularity With InvestorsAMMO, Inc. ( NASDAQ:POWW ) shareholders are no doubt pleased to see that the share price has bounced 29% in the last...
공시 • Jan 12Ammo, Inc. Elects Randy E. Luth as DirectorAMMO, Inc. announced that at its Annual Meeting of Shareholders held on January 5, 2023, elected Randy E. Luth as director.
분석 기사 • Dec 09AMMO (NASDAQ:POWW) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Board Change • Dec 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Wayne Walker was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • Nov 21Consensus revenue estimates fall by 24%The consensus outlook for revenues in 2023 has deteriorated. 2023 revenue forecast decreased from US$295.1m to US$224.0m. EPS estimate fell from US$0.25 to US$0.06 per share. Net income forecast to grow 86% next year vs 0.1% growth forecast for Leisure industry in the US. Consensus price target down from US$8.00 to US$4.67. Share price fell 30% to US$2.18 over the past week.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorated over the past weekAfter last week's 30% share price decline to US$2.18, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Leisure industry in the US. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$2.86 per share.
Price Target Changed • Nov 16Price target decreased to US$4.67Down from US$8.00, the current price target is an average from 3 analysts. New target price is 112% above last closing price of US$2.20. Stock is down 67% over the past year. The company is forecast to post earnings per share of US$0.17 for next year compared to US$0.27 last year.
Buying Opportunity • Nov 16Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 52%. The fair value is estimated to be US$2.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 91% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 14% in a year. Earnings is forecast to grow by 198% in the next year.
Seeking Alpha • Sep 20AMMO expands distribution network with rollout of product OfferingsAMMO (NASDAQ:POWW) announced the rollout of its full portfolio of loaded ammunition, including its STREAK Visual Ammunition, brass casings and munition components, to an additional 440 retail stores in the first two quarters of the company’s fiscal year throughout the U.S. It will provide the company access to 10,000+ nationwide retailers. “The significant increase in demand across the commercial market has allowed us to further expand AMMO’s distribution footprint throughout the U.S. Adding distribution is critical to building our brand in the industry, and I am confident we will continue to grow our U.S. and international distribution at a rapid pace throughout the course of this fiscal year. As anticipated, we are consistently receiving increasingly strong interest in our technologically advanced ammunition from military and law enforcement channels (domestic and abroad), including our patented armor piercing and STREAK™ rounds. We continue to expect this channel to be a fiscal 2023 growth driver.” said Fred Wagenhals, AMMO’s Chairman & CEO.
Price Target Changed • Aug 16Price target decreased to US$9.00Down from US$10.75, the current price target is an average from 3 analysts. New target price is 89% above last closing price of US$4.76. Stock is down 33% over the past year. The company is forecast to post earnings per share of US$0.38 for next year compared to US$0.27 last year.
Seeking Alpha • Aug 12AMMO FQ1 Earnings PreviewAMMO (NASDAQ:POWW) is scheduled to announce FQ1 earnings results on Monday, August 15th, after market close. The consensus EPS Estimate is $0.07 and the consensus Revenue Estimate is $69.88M Over the last 2 years, POWW has beaten EPS estimates 88% of the time and has beaten revenue estimates 88% of the time.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 18% share price gain to US$5.46, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Leisure industry in the US. Total returns to shareholders of 172% over the past three years.
분석 기사 • Jul 22We Think AMMO (NASDAQ:POWW) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Major Estimate Revision • Jul 06Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast fell from US$311.8m to US$301.6m. EPS estimate rose from US$0.34 to US$0.38. Net income forecast to grow 46% next year vs 19% growth forecast for Leisure industry in the US. Consensus price target down from US$10.75 to US$10.00. Share price rose 3.4% to US$4.21 over the past week.
Reported Earnings • Jun 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: US$0.27 (up from US$0.14 loss in FY 2021). Net income: US$30.6m (up US$38.4m from FY 2021). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • Jun 29AMMO Non-GAAP EPS of $0.53, revenue of $240.27M misses by $5.79MAMMO press release (NASDAQ:POWW): FY Non-GAAP EPS of $0.53. Revenue of $240.27M (+284.6% Y/Y) misses by $5.79M. Shares +14.75%. Gross profit margin grew to approximately 37%, compared to approximately 18%. Adjusted EBITDA of $75.5 million compared to $8.1 million, an 832% increase. Marketplace revenue of approximately $65 million. New user growth averaged 55,000 per month. Average take rate increased to 5.1% compared to 4.6% in fiscal 2021. Loyalty program revenue increased 318.3% year-over-year 2023 Guidance: Total Revenues of $300 million to $310 million EBITDA of $82 million to $85 million Adjusted EBITDA of $108 million to $111 million
Seeking Alpha • Jun 21Biden Might Ban Government 5.56 Ammo SalesBiden might ban government produced 5.56 ammo sales. This will reduce supply and help AMMO, Inc. via less competition. Recent political legislative actions in the US and Canada could cause a spike in gun sales. AMMO, Inc. is close to completing expansion of its new ammunition facility, thus tripling its ammo output. At completion, revenues and profits will increase. A pending legal case could bring Black Swan events. Investors need to practice caution.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to US$3.79, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Leisure industry in the US. Total returns to shareholders of 72% over the past three years.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to US$4.45, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Leisure industry in the US. Total returns to shareholders of 108% over the past three years.
Seeking Alpha • May 25AMMO, Inc.: A Gem In A Very Unpopular NicheToday, we take an in-depth look at AMMO, Inc., which is in a very unpopular niche of the market at the moment. However, the company is nicely profitable and seeing explosive revenue growth. A full investment analysis is provided in the paragraphs below.
