Executive Summary
Outdoor Holding Company’s QQ1 2025 results reflect a modest top-line decline alongside meaningful profitability pressure, underscored by an ongoing EBITDA and net loss. Revenue for POWWP’s underlying entity reached $30.95 million, down 9.64% year-over-year and 23.42% quarter-over-quarter, while gross profit totaled $9.79 million with a margin of 31.6%. Operating income registered a loss of $9.68 million, and net income came in at a loss of $7.06 million, translating to basic and diluted EPS of approximately -$0.066 and -$0.07, respectively. EBITDA was negative at $4.56 million, with an EBITDA margin of about -14.7%. The company demonstrated durable liquidity, posting $50.75 million in cash and a net cash position due to low debt levels, but reported negative free cash flow of $1.97 million and negative cash flow from operations of $0.55 million in the quarter. The balance sheet remains asset-heavy, dominated by intangible assets and goodwill, with total assets of $402.42 million versus total liabilities of $54.44 million and stockholders’ equity of $348.0 million, implying a strong balance sheet cushion relative to near-term cash needs. The stock trades with high market multiples (e.g., price-to-book around 8.8x and price-to-sales near 98.5x), reflecting a disconnect between lofty valuations and the current earnings trajectory. The absence of a provided earnings call transcript in the data restricts the inclusion of management quotes or fresh forward guidance; investors should monitor any subsequent disclosures for color on monetization of the GunBroker platform, cost discipline, and potential strategic pivots.
Key Performance Indicators
QoQ: -23.42% | YoY:-9.64%
QoQ: 63.86% | YoY:-30.20%
QoQ: -57.13% | YoY:-476.32%
QoQ: -32.41% | YoY:-546.05%
QoQ: -46.55% | YoY:-229.00%
Key Insights
Revenue: $30,953,550; YoY: -9.64%, QoQ: -23.42%. Gross Profit: $9,789,122; YoY: -30.20%, QoQ: +63.86%. Operating Income: -$9,676,339; YoY: -476.32%, QoQ: -57.13%. Net Income: -$7,061,287; YoY: -546.05%, QoQ: -32.41%. EPS (basic): -$0.0658; EPS (diluted): -$0.07; YoY EPS: -229.0%, QoQ: -46.55%. EBITDA: -$4,557,024; EBITDARatio: -0.1472. Gross Margin: 31.6%; Operating Margin: -31.26%; Net Margin: -22.81%....
Financial Highlights
Revenue: $30,953,550; YoY: -9.64%, QoQ: -23.42%. Gross Profit: $9,789,122; YoY: -30.20%, QoQ: +63.86%. Operating Income: -$9,676,339; YoY: -476.32%, QoQ: -57.13%. Net Income: -$7,061,287; YoY: -546.05%, QoQ: -32.41%. EPS (basic): -$0.0658; EPS (diluted): -$0.07; YoY EPS: -229.0%, QoQ: -46.55%. EBITDA: -$4,557,024; EBITDARatio: -0.1472. Gross Margin: 31.6%; Operating Margin: -31.26%; Net Margin: -22.81%.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
30.95M |
-9.64% |
-23.42% |
| Gross Profit |
9.79M |
-30.20% |
63.86% |
| Operating Income |
-9.68M |
-476.32% |
-57.13% |
| Net Income |
-7.06M |
-546.05% |
-32.41% |
| EPS |
-0.07 |
-229.00% |
-46.55% |
Key Financial Ratios
operatingProfitMargin
-31.3%
operatingCashFlowPerShare
$-0
freeCashFlowPerShare
$-0.02
dividendPayoutRatio
-9.04%
priceEarningsRatio
-107.95
Management Commentary
transcriptHighlights: Not available. No earnings call transcript was provided in the data. Consequently, management quotes and thematic quotes from executives could not be extracted or quoted. If a transcript becomes available, key themes typically to capture would include monetization strategy for GunBroker, cost control initiatives, regulatory and competitive dynamics, and any guidance updates.
Forward Guidance
forwardGuidance: The QQ1 2025 data does not include formal forward guidance from management. Given the current trajectory—mid-single-digit revenue decline, meaningful operating losses, and negative free cash flow—the near-term path to profitability hinges on top-line stabilization or growth, selective cost optimization, and any monetization initiatives across the GunBroker platform and related advertising/commerce services. Investors should monitor for: (1) management commentary on scale-up opportunities within the e-commerce marketplace, (2) any cost-reduction programs targeting SG&A and product development spend, (3) regulatory developments affecting firearms-related marketplaces, and (4) cash burn guidance and dividend coverage if POWWP dividends are to be sustained in a tightening liquidity environment. The current balance sheet supports liquidity (cash of ~$50.75m and net cash position) but does not imply immediate profitability without a meaningful revenue uplift or margin discipline.