AMMO Inc. (POWWP) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
7681 E. GRAY RD SCOTTSDALE, AZ 85260 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 348 - Ordnance And Accessories, Except Vehicles And Guided Missiles (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 55,586 | 39,134 | 23,281 | 118,341 | 884 | 2,181 | |||
| Cash and cash equivalent | 55,586 | 39,134 | 23,281 | 118,341 | 884 | 2,181 | |||
| Restricted cash and investments | 500 | ||||||||
| Receivables | 28,221 | 29,346 | 43,970 | 9,010 | 3,021 | 1,245 | |||
| Inventory, net of allowances, customer advances and progress billings | 45,563 | 54,345 | 59,016 | 15,867 | 4,408 | 4,773 | |||
| Inventory | 45,563 | 54,345 | 59,016 | 15,867 | 4,408 | 4,773 | |||
| Prepaid expense | 2,154 | 5,127 | 3,424 | 2,402 | 844 | 428 | |||
| Total current assets: | 131,525 | 128,452 | 129,692 | 145,620 | 9,157 | 8,627 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,000 | 1,262 | 2,792 | 2,090 | 3,432 | ✕ | |||
| Property, plant and equipment | 58,082 | 55,963 | 37,638 | 21,553 | 18,046 | 22,000 | |||
| Intangible assets, net (including goodwill) | 201,919 | 214,597 | 227,170 | 2,221 | 3,649 | 5,851 | |||
| Goodwill | 90,870 | 90,870 | 90,870 | ||||||
| Intangible assets, net (excluding goodwill) | 111,049 | 123,727 | 136,300 | 2,221 | 3,649 | 5,851 | |||
| Regulated entity, other noncurrent assets | 23 | ||||||||
| Deferred income tax assets | 1,487 | ✕ | |||||||
| Other undisclosed noncurrent assets | 4,889 | 12,062 | 16,887 | 7,895 | 6,821 | 7,087 | |||
| Total noncurrent assets: | 268,377 | 283,883 | 284,487 | 33,759 | 31,949 | 34,960 | |||
| TOTAL ASSETS: | 399,902 | 412,335 | 414,178 | 179,379 | 41,106 | 43,587 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 30,187 | 22,433 | 33,459 | 7,835 | 6,817 | 2,735 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 5 | 35 | ||||
| Employee-related liabilities | ✕ | ✕ | ✕ | 458 | 248 | ||||
| Accounts payable | 23,156 | 18,079 | 26,817 | 4,372 | 5,197 | 1,920 | |||
| Accrued liabilities | 7,031 | 4,353 | 6,179 | 3,463 | 1,620 | 531 | |||
| Debt | 273 | 441 | 2,262 | ||||||
| Due to related parties | ✕ | ✕ | 685 | 625 | 435 | ||||
| Other undisclosed current liabilities | 480 | 2,589 | 1,680 | 3,639 | 2,712 | 1,747 | |||
| Total current liabilities: | 30,940 | 25,463 | 35,823 | 12,098 | 12,226 | 4,482 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 10,735 | 10,922 | 2,130 | 5,478 | 3,108 | 276 | |||
| Long-term debt, excluding current maturities | 10,735 | 10,922 | 38 | 4,000 | 276 | ||||
| Liabilities, other than long-term debt | 1,670 | 3,353 | 1,922 | 1,456 | 5,804 | 8,400 | |||
| Deferred income tax liabilities | 2,310 | 1,536 | ✕ | ||||||
| Due to related parties | ✕ | ✕ | 181 | 866 | 5,804 | 8,400 | |||
| Operating lease, liability | 1,610 | 903 | 2,091 | 1,478 | 3,108 | ✕ | |||
| Business combination, contingent consideration, liability | 60 | 140 | 204 | 590 | |||||
| Other undisclosed noncurrent liabilities | 710 | 900 | |||||||
| Total noncurrent liabilities: | 12,405 | 14,276 | 4,051 | 6,933 | 9,621 | 9,576 | |||
| Total liabilities: | 43,345 | 39,739 | 39,875 | 19,032 | 21,847 | 14,058 | |||
| Equity | |||||||||
| Equity, attributable to parent | 356,557 | 372,596 | 374,304 | 160,348 | 19,259 | 29,529 | |||
| Preferred stock | 1 | 1 | 1 | ||||||
| Common stock | 119 | 118 | 116 | 93 | 46 | 44 | |||
| Treasury stock, value | (2,673) | (522) | |||||||
| Additional paid in capital | 396,730 | 391,940 | 385,426 | 202,074 | 53,220 | 48,935 | |||
| Accumulated deficit | (37,621) | (18,942) | (11,241) | (41,820) | (34,007) | (19,451) | |||
| Total equity: | 356,557 | 372,596 | 374,304 | 160,348 | 19,259 | 29,529 | |||
| TOTAL LIABILITIES AND EQUITY: | 399,902 | 412,335 | 414,178 | 179,379 | 41,106 | 43,587 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 145,055 | 191,440 | 240,269 | 58,196 | 14,137 | 4,159 | ||
| Cost of revenue (Cost of Product and Service Sold) | (102,432) | (136,031) | (151,506) | (51,096) | (18,456) | (4,795) | ||
| Other undisclosed gross profit | 4,286 | 644 | 406 | |||||
| Gross profit: | 42,623 | 55,409 | 88,764 | 11,387 | (3,676) | (230) | ||
| Operating expenses | (61,200) | (58,668) | (51,614) | (16,767) | (10,162) | (8,751) | ||
| Operating income (loss): | (18,577) | (3,259) | 37,149 | (5,380) | (13,837) | (8,981) | ||
| Nonoperating expense | (779) | (607) | (616) | (2,432) | (719) | |||
| Other nonoperating income (expense) | (333) | 25 | 22 | 577 | ||||
| Interest and debt expense | (152) | |||||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | ||||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (19,356) | (3,866) | 36,533 | (7,812) | (14,557) | (9,133) | ||
| Other undisclosed loss from continuing operations before income taxes | ||||||||
| Income (loss) from continuing operations before income taxes: | (19,356) | (3,866) | 36,533 | (7,812) | (14,557) | (9,133) | ||
| Income tax expense (benefit) | 3,791 | (730) | (3,286) | |||||
| Income (loss) from continuing operations: | (15,565) | (4,596) | 33,247 | (7,812) | (14,557) | (9,133) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 33,247 | (7,812) | (14,557) | (9,133) | |
| Net income (loss): | (15,565) | (4,596) | 33,247 | (7,812) | (14,557) | (9,133) | ||
| Other undisclosed net loss attributable to parent | (2,577) | |||||||
| Net income (loss) attributable to parent: | (15,565) | (4,596) | 33,247 | (7,812) | (14,557) | (11,709) | ||
| Preferred stock dividends and other adjustments | (3,122) | (3,105) | (2,669) | |||||
| Net income (loss) available to common stockholders, diluted: | (18,687) | (7,701) | 30,579 | (7,812) | (14,557) | (11,709) | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (15,565) | (4,596) | 33,247 | (7,812) | (14,557) | (9,133) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (15,565) | (4,596) | 33,247 | (7,812) | (14,557) | (9,133) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.