AMMO(US:POWW) Globenewswireยท2025-11-10 12:05Core Insights - Outdoor Holding Company reported its financial results for the second fiscal quarter ended September 30, 2025, highlighting a strategic transformation that is yielding positive outcomes [1][4]. Financial Highlights - Net revenues for the second quarter remained stable at $11.98 million, showing no significant year-over-year change [6][7]. - Gross margin improved to 87.1%, up from 86.9%, indicating enhanced operational efficiency and a higher mix of premium seller services [6][7]. - Operating expenses decreased by $6.71 million year-over-year, reflecting the company's cost discipline and transition to an asset-light model [6][7]. - The company achieved a net income from continuing operations of $1.40 million, a significant turnaround from a net loss of $5.87 million in the previous year [6][7][9]. - Adjusted EBITDA rose to $4.91 million, compared to $3.95 million in the prior year [6][9]. Operational Highlights - The company completed the divestiture of its ammunition manufacturing division and finalized its rebranding, focusing solely on its e-commerce marketplace, GunBroker.com [4][11]. - Key marketplace performance indicators showed resilience, with firearm GMV increasing by 1.2% despite a 1.1% decrease in total GMV [15]. - The company introduced several platform upgrades aimed at enhancing user engagement and satisfaction, contributing to higher average order values and improved seller retention [8][15]. Strategic Focus - Management emphasized a disciplined strategy centered around operational efficiency, margin expansion, and digital innovation to capture growth opportunities [4][5][10]. - The company is well-positioned to leverage its strengthened balance sheet and platform investments for sustained value creation for shareholders [10].