Revenue: As of FY2027 Q1, the actual value is USD 14.48 M, beating the estimate of USD 13.02 M.

EPS: As of FY2027 Q1, the actual value is USD 0.02.

EBIT: As of FY2027 Q1, the actual value is USD 3.855 M.

Financial Performance for the First Quarter Fiscal 2027 (Ended June 30, 2026) vs. First Quarter Fiscal 2026 (Ended June 30, 2025)

• Net Revenues

  • Net revenues increased 22.1% to $14.5 million (specifically $14,480,654) in fiscal 2027 from $11.9 million (specifically $11,857,376) in fiscal 2026.

• Gross Profit and Margin

  • Gross profit increased 18.5% to $12.2 million (specifically $12,242,826) in fiscal 2027 from $10.3 million (specifically $10,334,978) in fiscal 2026.
  • Gross profit margin was 84.5% in fiscal 2027, compared to 87.2% in fiscal 2026.

• Operating Expenses

  • Total operating expenses decreased 45.3% to $8.9 million (specifically $8,947,021) in fiscal 2027 from $16.3 million (specifically $16,345,653) in fiscal 2026.

• Income (Loss) from Operations

  • Income from operations was $3.3 million (specifically $3,295,805) in fiscal 2027, compared to a loss from operations of - $6.0 million (specifically - $6,010,675) in fiscal 2026.

• Net Income (Loss) from Continuing Operations

  • Net income from continuing operations was $3.6 million (specifically $3,574,061) in fiscal 2027, compared to a net loss of - $5.9 million (specifically - $5,862,693) in fiscal 2026.
  • Net income from continuing operations represented 24.7% of net revenues in fiscal 2027, compared to - 49.4% in fiscal 2026.

• Net Income (Loss) Attributable to Common Shareholders

  • Net income attributable to common shareholders was $2.8 million (specifically $2,808,436) in fiscal 2027, improved from a net loss of - $7.2 million (specifically - $7,232,459) in fiscal 2026.

• Adjusted EBITDA

  • Adjusted EBITDA increased to $7.9 million (specifically $7,906,162) in fiscal 2027 compared to $3.1 million (specifically $3,138,115) in fiscal 2026.
  • Adjusted EBITDA represented 54.6% of net revenues in fiscal 2027, compared with 26.5% of net revenues in fiscal 2026.

Operational Metrics

• Gross Merchandise Value (GMV)

  • GMV grew 18.1% year-over-year to approximately $223.7 million from approximately $189.5 million.
  • Excluding Virginia, GMV increased approximately $23 million year-over-year.

• Firearm Unit Sales and Market Share

  • Firearm unit sales increased 11.6% year-over-year, outpacing a 5.3% increase in adjusted NICS checks.
  • Outdoor Holding Company’s estimated share of adjusted NICS activity increased by 41 basis points to approximately 6.4%.

• Take Rate

  • The take rate increased 21 basis points year-over-year to 6.47%.
  • New FFL transfer revenue contributed 39 basis points to the take rate.
  • Excluding FFL transfer revenue, the legacy take rate was 6.08%, compared with 6.26% in the prior-year quarter.

• Average Order Value

  • Average order value grew 7.5% year-over-year to $477.

• Silencers and Suppressed Firearms

  • GMV in this category increased approximately 71% year-over-year.

Cash Flow and Liquidity

• Net Cash Provided by Operating Activities

  • Net cash provided by operating activities was $4.4 million in fiscal 2027, compared with net cash used in operating activities of - $6.7 million in fiscal 2026.

• Cash and Cash Equivalents

  • The Company ended the quarter with $68.8 million (specifically $68,777,371) in cash and cash equivalents, an increase of $0.7 million from March 31, 2026 ($68,103,395).

Shareholder Returns

• Share Repurchases
  • Outdoor Holding Company repurchased just over 1 million shares of common stock for $2.0 million at an average price of $1.98 per share during the quarter.
  • Approximately $12.0 million remains available under the $15.0 million repurchase authorization.

Fiscal 2027 Execution Priorities (Outlook)

Outdoor Holding Company’s strategy for the remainder of fiscal 2027 focuses on four key execution priorities. These include growing marketplace activity and market share, expanding transaction monetization through FFL transfer revenue and universal payments, protecting the reset cost structure, and deploying AI to improve efficiency and user experience. Management anticipates these initiatives will increase revenue, capture market share, and support durable profitability without increasing base fees.