Yahoo Finance AMMO Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
AMMO (NASDAQ:POWW) Full Year 2024 Results
Key Financial Results
Revenue: US$138.9m (down 24% from FY 2023).
Net loss: US$18.7m (loss widened by 143% from FY 2023).
US$0.16 loss per share (further deteriorated from US$0.066 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
AMMO Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 52%.
The primary driver behind last 12 months revenue was the Ammunition segment contributing a total revenue of US$91.1m (66% of total revenue). Notably, cost of sales worth US$95.5m amounted to 69% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$35.8m (58% of total expenses). Explore how POWW's revenue and expenses shape its earnings.
Looking ahead, 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.
Performance of the American Leisure industry.
The company's shares are down 27% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for AMMO that you should be aware of.
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