AMMO, Inc. (POWW) Financial Statements (2023 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)Annual | Quarterly
| 3/31/2022 | 12/31/2021 TTM | 3/31/2021 | 3/31/2020 | 3/31/2019 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 23,281 | 27,415 | 118,341 | 884 | 2,181 | 787 | |||
| Cash and cash equivalents | 23,281 | 27,415 | 118,341 | 884 | 2,181 | 787 | |||
| Receivables | 43,970 | 45,669 | 9,010 | 3,021 | 1,245 | 185 | |||
| Inventory, net of allowances, customer advances and progress billings | 59,016 | 46,467 | 15,867 | 4,408 | 4,773 | 1,792 | |||
| Inventory | 59,016 | 46,467 | 15,867 | 4,408 | 4,773 | 1,792 | |||
| Prepaid expense | 3,424 | 3,924 | 2,402 | 844 | 428 | 255 | |||
| Total current assets: | 129,692 | 123,474 | 145,620 | 9,157 | 8,627 | 3,019 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,792 | 2,708 | 2,090 | 3,432 | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 37,638 | 32,368 | 21,553 | 18,046 | 22,000 | 769 | |||
| Intangible assets, net (including goodwill) | 227,170 | 230,523 | 2,221 | 3,649 | 5,851 | 204 | |||
| Goodwill | 90,870 | 90,870 | |||||||
| Intangible assets, net (excluding goodwill) | 136,300 | 139,653 | 2,221 | 3,649 | 5,851 | 204 | |||
| Regulated entity, other noncurrent assets | 23 | 625 | |||||||
| Deferred income tax assets | 892 | ✕ | ✕ | ✕ | |||||
| Other undisclosed noncurrent assets | 16,887 | 21,239 | 7,895 | 6,821 | 7,087 | 925 | |||
| Total noncurrent assets: | 284,487 | 287,730 | 33,759 | 31,949 | 34,960 | 1,898 | 625 | ||
| TOTAL ASSETS: | 414,178 | 411,204 | 179,379 | 41,106 | 43,587 | 4,918 | 625 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 33,459 | 29,540 | 7,835 | 6,817 | 2,735 | 732 | |||
| Accounts payable | 26,817 | 24,425 | 4,372 | 5,197 | 1,920 | 477 | |||
| Accrued liabilities | 6,179 | 5,115 | 3,463 | 1,620 | 531 | 255 | |||
| Employee-related liabilities | 458 | 248 | |||||||
| Interest and dividends payable | 5 | 35 | |||||||
| Debt | 2,262 | 1,575 | |||||||
| Due to related parties | 685 | 669 | 625 | 435 | 100 | ||||
| Other undisclosed current liabilities | 1,680 | 5,404 | 3,639 | 2,712 | 1,747 | 7 | |||
| Total current liabilities: | 35,823 | 35,613 | 12,098 | 12,226 | 4,482 | 2,414 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,130 | 2,026 | 5,478 | 3,108 | 276 | ||||
| Long-term debt, excluding current maturities | 38 | 19 | 4,000 | 276 | |||||
| Operating lease, liability | 2,091 | 2,007 | 1,478 | 3,108 | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 1,922 | 2,436 | 1,456 | 5,804 | 8,400 | ||||
| Deferred income tax liabilities | 1,536 | 1,850 | ✕ | ✕ | ✕ | ||||
| Due to related parties | 181 | 358 | 866 | 5,804 | 8,400 | ||||
| Business combination, contingent consideration, liability | 204 | 227 | 590 | ||||||
| Other undisclosed noncurrent liabilities | 710 | 900 | |||||||
| Total noncurrent liabilities: | 4,051 | 4,461 | 6,933 | 9,621 | 9,576 | ||||
| Total liabilities: | 39,875 | 40,075 | 19,032 | 21,847 | 14,058 | 2,414 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 374,304 | 371,130 | 160,348 | 19,259 | 29,529 | 2,504 | (626) | ||
| Preferred stock | 1 | 1 | |||||||
| Common stock | 116 | 115 | 93 | 46 | 44 | 22 | |||
| Additional paid in capital | 385,426 | 382,015 | 202,074 | 53,220 | 48,935 | 8,430 | |||
| Accumulated deficit | (11,241) | (11,002) | (41,820) | (34,007) | (19,451) | (5,944) | |||
| Stockholders' equity note, subscriptions receivable | (5) | ||||||||
| Other undisclosed stockholders' equity attributable to parent | (626) | ||||||||
| Total stockholders' equity: | 374,304 | 371,130 | 160,348 | 19,259 | 29,529 | 2,504 | (626) | ||
| TOTAL LIABILITIES AND EQUITY: | 414,178 | 411,204 | 179,379 | 41,106 | 43,587 | 4,918 | (626) | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 3/31/2022 | 12/31/2021 TTM | 3/31/2021 | 3/31/2020 | 3/31/2019 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 240,269 | 212,378 | 58,196 | 14,137 | 4,159 | 1,295 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 1,295 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (151,506) | (141,267) | (51,096) | (18,456) | (4,795) | (1,304) | ||
| Other undisclosed gross profit | 10,247 | 4,286 | 644 | 406 | ||||
| Gross profit: | 88,764 | 81,358 | 11,387 | (3,676) | (230) | (9) | ||
| Operating expenses | (51,614) | (42,677) | (16,767) | (10,162) | (8,751) | (3,968) | (11) | |
| Other undisclosed operating loss | (2) | |||||||
| Operating income (loss): | 37,149 | 38,681 | (5,380) | (13,837) | (8,981) | (3,976) | (11) | |
| Nonoperating expense | (616) | (447) | (2,432) | (719) | ||||
| Other nonoperating income | 22 | 22 | 577 | |||||
| Interest and debt expense | (94) | (152) | (533) | 14 | ||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (2,432) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 36,533 | 35,708 | (7,812) | (14,557) | (9,133) | (4,509) | 3 | |
| Other undisclosed income from continuing operations before income taxes | 31 | |||||||
| Income (loss) from continuing operations before income taxes: | 36,533 | 35,739 | (7,812) | (14,557) | (9,133) | (4,509) | 3 | |
| Income tax expense | (3,286) | (1,352) | (1,968) | |||||
| Income (loss) before gain (loss) on sale of properties: | 33,247 | 34,387 | (7,812) | (14,557) | (9,133) | (6,477) | 3 | |
| Other undisclosed net income (loss) | 688 | (337) | ||||||
| Net income (loss): | 33,247 | 34,387 | (7,812) | (14,557) | (9,133) | (5,789) | (333) | |
| Other undisclosed net income (loss) attributable to parent | 670 | (2,577) | ||||||
| Net income (loss) attributable to parent: | 33,247 | 35,058 | (7,812) | (14,557) | (11,709) | (5,789) | (333) | |
| Preferred stock dividends and other adjustments | (2,669) | (1,903) | ||||||
| Net income (loss) available to common stockholders, diluted: | 30,579 | 33,155 | (7,812) | (14,557) | (11,709) | (5,789) | (333) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2022 | 12/31/2021 TTM | 3/31/2021 | 3/31/2020 | 3/31/2019 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 33,247 | 34,387 | (7,812) | (14,557) | (9,133) | (5,789) | (333) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 33,247 | 34,387 | (7,812) | (14,557) | (9,133) | (5,789) | (333) | |
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.