Outdoor Pref Share POWWP 8.75 Perp 05/18/26 | 8-K: FY2026 Q1 Revenue: USD 11.86 M

Revenue: As of FY2026 Q1, the actual value is USD 11.86 M.

EPS: As of FY2026 Q1, the actual value is USD -0.06.

Financial Highlights

• Net Revenues: $11.9 million vs. $12.3 million.
• Cost of Revenues: Decreased to $1.5 million from $1.7 million.
• Gross Profit Margin: Increased to approximately 87.2% compared to 85.8%.
• Operating Expenses: Decreased by $0.4 million.
• Net Loss from Continuing Operations: - $5.9 million, compared to a net loss of - $12.0 million.
• Decreased Diluted LPS from Continuing Operations: - $0.06 from - $0.11.
• Adjusted EBITDA: $3.1 million compared to $4.1 million.
• Adjusted EPS: $0.02 compared to $0.03.

Operational Highlights

• Closed Ammunition Division Sale: To Olin-Winchester.
• Settlement Agreement: Entered into for Delaware litigation.
• CEO Appointment: Steve Urvan appointed Chairman and CEO.
• Increased Liquidity.
• Increased Active Marketplace Listings.
• Increased Registered GunBroker User Accounts.
• Completed Re-branding: From AMMO, Inc. to Outdoor Holding Company.

Key Marketplace Performance Indicators

• Gross Merchandise Value: Remained strong despite significant market headwinds.
• Gross Margin: Increased despite a decline in revenue.
• Take Rate: Net revenue as a percentage of GMV remained stable.
• Active Listings: Increased on a year-over-year basis.
• Registered User Accounts: Grew to 8.5 million during the quarter.
• Average Order Value: Increased from $425 to $444 per order.

Cash Flow

• Liquidity Position: Ended the quarter with over $63 million in cash.

Outlook / Guidance

The company expects the transformation to enable increased operational focus, improved capital allocation, and a commitment to cost efficiency and growth in gross merchandise value (GMV). Management remains committed to a disciplined capital allocation strategy focused on organic marketplace growth, operational efficiency, and long-term stockholder value creation. The company anticipates some legal and indemnification-related expenses over the next 12 to 18 months but believes the heaviest burdens are behind them and expects elevated legal and other professional services expenses to decline over the coming quarters.