NASDAQ$POWW

Ammo Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported record quarterly performance exceeding estimates for revenue and Adjusted EBITDA.

AMMO, Inc. reported a record net revenue of $61.0 million for Q2 2022, a 408% increase year-over-year. The company's diluted EPS was $0.11, compared to ($0.05) in the previous year, and adjusted EPS was $0.17, compared to ($0.01) in the prior year. The company has raised its fiscal year 2022 outlook to $250 million in revenue and $80 million in adjusted EBITDA.

  • Net revenues increased by 408% to $61.0 million, driven by strength in the Ammunition business and the acquisition of GunBroker.com.
  • Ammunition sales totaled $40.2 million, a 360% increase compared to the previous year's second quarter.
  • Marketplace revenue (GunBroker.com) was $16.8 million for the quarter.
  • Gross profit margin improved to 43.0%, compared to 10.7% in the prior year.

Headline financials

Total Revenue

$48.3M

Previous: $12M+302.0%
EPS (adj)

$0.17

Previous: -$0.05+440.0%
Capital Expenditures

-$8.41M

Previous: -$2.28M-269.4%
Free Cash Flow

$9.31M

Previous: -$6.03M+254.4%
Net Income

-$804K

Previous: -$2.34M+65.6%
Operating Income

-$504K

Previous: -$1.71M+70.6%
Gross Profit

$12.8M

Previous: $1.29M+895.3%
Cash & Equivalents

$29M

Previous: $3.41M+749.6%
Total Assets

$424M

Previous: $47.4M+796.3%

Revenue & EPS history

Ammo · Revenue · Quarterly

$48.3M

Q2 2022+302%vs Q2 2021
Beat estimate in 1 of 6 quarters(17%)
ActualEstimate

Forward guidance

The company is increasing its fiscal 2022 revenue guidance from $210 million to $250 million and its Adjusted EBITDA guidance from $70 million to $80 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-2.0%

Avg return

Earnings day

-3.1%

Avg return

5 days after

-4.4%

Avg return

30 days after

33%

11 / 33 earnings

Positive

+16.2%

Q3 2018

Best reaction

-28.1%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-0.5%+5.4%
Q3 2026+7.1%+12.5%+20.2%
Q2 2026+5.6%+9.8%+27.6%
Q4 2025-3.4%-3.4%-2.0%
Q1 2026+0.9%+12.3%+26.3%
Q2 2025-2.4%-21.5%-24.4%
Q3 2025-5.2%-12.6%-27.2%
Q1 2025-3.8%-7.6%-10.8%
Q4 2024-28.1%-24.9%-33.3%
Q3 2024+16.2%+13.0%+14.8%
Q2 2024-17.1%-14.8%-23.2%
Q1 2024+1.0%-1.0%+0.0%
Q4 2023+12.4%+9.0%+1.9%
Q3 2023-11.9%-6.3%-15.8%
Q1 2023-20.5%-27.1%-39.5%
Q4 2022-6.1%+1.2%+19.0%
Q3 2022+1.7%-10.9%-1.5%
Q2 2022-2.5%-10.8%-20.2%
Q1 2022-0.7%+0.0%-10.9%
Q4 2021+14.8%-5.2%-12.7%
Q3 2021-15.7%-17.4%-38.4%
Q2 2021-0.9%-0.9%+52.8%
Q1 2021-10.7%-10.7%-12.5%
Q3 2020+9.2%+9.2%+12.8%
Q2 2020-16.4%-6.7%+6.7%
Q1 2020-2.5%+0.0%-14.0%
Q4 2019-0.9%-5.0%-9.9%
Q3 2019-1.6%-8.0%-17.3%
Q2 2019-0.6%-11.0%-4.8%
Q1 2019-3.0%-14.0%-24.7%
Q3 2018+16.2%+18.2%+20.1%
Q4 2018+5.6%+18.9%+33.3%
Q3 2017-3.3%+8.3%-33.3%
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2010
Q2 2010
Q1 2010
Q4 2010

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