Revenue: As of FY2026, the actual value is USD 51.13 M.

EPS: As of FY2026, the actual value is USD -0.05.

EBIT: As of FY2026, the actual value is USD -4.491 M.

Fourth Quarter Fiscal 2026 Highlights (vs. Fourth Quarter Fiscal 2025)

Revenue

• Revenue increased 10.1% to $13.9 million from $12.6 million .

Gross Profit

• Gross Profit rose to $12.2 million from $11.0 million .
• Gross Profit Margin increased slightly to 87.6% from 87.5% .

Operating Expenses

• Operating Expenses decreased to $15.1 million from $38.0 million, a decline of $22.9 million .
• Recurring, ordinary-course operating expenses declined approximately $5.4 million .

Profitability

• Loss from Continuing Operations was - $2.7 million, compared to - $27.0 million .
• Net Loss Attributable to Common Shareholders was - $1.5 million, an improvement from - $78.3 million .
• Adjusted EBITDA increased to $7.7 million compared to $2.9 million .

Operational Metrics

• Gross Merchandise Value (GMV) grew 11.8% year-over-year to approximately $229 million from approximately $205 million .
• Firearm Unit Sales increased over 8.7% year-over-year .
• Take Rate remained relatively stable at a little over 6% .
• Average Order Value grew by 6.5% .

Fiscal Year 2026 Highlights (vs. Fiscal Year 2025)

Net Revenues

• Net Revenues increased 3.5% over the year to $51.1 million from $49.4 million .

Gross Profit

• Gross Profit rose to $44.6 million from $42.9 million .
• Gross Profit Margin increased to 87.2% from 86.9% .

Operating Expenses

• Operating Expenses decreased to $50.9 million from $102.6 million .

Profitability

• Loss from Continuing Operations was - $4.9 million, compared to - $65.2 million .
• Net Loss Attributable to Common Shareholders was - $6.6 million, an improvement from - $133.9 million .
• Adjusted EBITDA increased to $22.3 million compared to $15.3 million .
• Adjusted EBITDA improved sequentially each quarter throughout the year, with the quarterly annualized EBITDA run-rate in both the third and fourth fiscal quarters exceeding the $25 million target .

Cash Flow

• Cash Flow from Operations was positive for the fiscal year .

Balance Sheet & Liquidity (as of March 31, 2026)

Cash and Cash Equivalents

• Cash and Cash Equivalents were $68.1 million, a substantial increase from $30.2 million at the end of fiscal 2025 .
• The cash balance declined by only $1.8 million during the quarter, even after funding a $4.4 million DCP settlement and $1 million in share repurchases .

Operational Highlights

• Outdoor Holding Company overhauled and strengthened its financial reporting infrastructure, successfully remediating all previously identified material weaknesses in internal controls over financial reporting .
• The company began executing on its stock repurchase program, purchasing over 500,000 shares for over $1 million during the fourth quarter .
• Cost-reduction initiatives continued, reducing ordinary-course operating expenses by approximately $5.4 million .
• Significant legacy legal matters were resolved, including a $4.4 million payment to settle the Digital Cash Processing (DCP) matter .
• Investments in platform enhancements and AI initiatives continued, including hiring a Director of AI Strategy and deploying an AI-powered listing tool .

Outlook / Guidance (Fiscal 2027 and Beyond)

• Outdoor Holding Company is positioned for continued operating efficiency, improved profitability, and long-term shareholder value creation in fiscal 2027 and beyond due to actions and investments made . The post-divestiture strategy focuses on sustainable growth through operational efficiency and continuous platform innovation . Key initiatives for fiscal 2027 include expanding premium seller offerings, enhancing pricing and promotional tools, improving data analytics, implementing universal payments, and boosting buyer engagement .