Outdoor Holding Company Reports Decrease in Net Revenues to $49.4M and Expands Net Loss to $65.2M for Fiscal Year Ending March 31, 2025

Reuters
17 Jun
<a href="https://laohu8.com/S/POWW">Outdoor Holding Company</a> Reports Decrease in Net Revenues to $49.4M and Expands Net Loss to $65.2M for Fiscal Year Ending March 31, 2025

Outdoor Holding Company released its annual report for the fiscal year ending March 31, 2025. The company reported net revenues of $49.4 million, a decrease from the $53.9 million recorded in the previous fiscal year. Cost of revenues also saw a decline, coming in at $6.5 million compared to $7.7 million in the prior year. However, operating expenses experienced a significant increase, rising to $102.6 million from $52.7 million the previous year, leading to a loss from operations of $59.7 million, compared to a loss of $6.4 million in fiscal year 2024. The net loss from continuing operations was reported at $65.2 million, a notable increase from the $5.4 million loss recorded in the previous year. Other income, however, showed an improvement, reaching $778,120, up from $144,537 the prior year. No specific outlook or guidance for future performance was provided in the document.

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