AMMO, Inc. (NASDAQ:POWW) Q3 2024 Earnings Conference Call February 8, 2024 5:00 PM ET
Company Participants
Matt Blazei – CoreIR
Jared Smith – Chief Executive Officer
Rob Wiley – Chief Financial Officer
Conference Call Participants
Matt Koranda – Roth MKM
Mark Smith – Lake Street
Operator
Ladies and gentlemen, thank you for standing by, and good afternoon, and welcome to the AMMO Incorporated Third Quarter 2024 Earnings Call. All this time, all participants are in a listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Participants on this call are advised that the audio of this conference call is being broadcast live over the Internet and is also being recorded for playback purposes.
I would now like to turn the conference over to Mr. Matt Blazei of CoreIR, the company's Investor Relations firm. Please go ahead, sir.
Matt Blazei
Good afternoon, and thank you for participating in today's conference call. Joining me from AMMO's leadership team are Fred Wagenhals, Executive Chairman; Jared Smith, Chief Executive Officer; and Rob Wiley, Chief Financial Officer.
During this call, management will be making forward-looking statements, including statements that address AMMO's expectations for future performance or operational results. Forward-looking statements involve risks and other factors that may cause actual results to differ materially from those statements. For more information about these risks, please refer to the risk factors described in AMMO's most recently filed periodic reports on Form 10-K and Form 10-Q, the Form 8-K filed with the SEC today and the company's press release that accompanies this call, particularly the cautionary statements in it.
Today's conference call includes non-GAAP financial measures that AMMO believes can be useful in evaluating its performance. You should not consider this additional information in isolation or as a substitute for results prepared in accordance with GAAP. For a reconciliation of this non-GAAP financial measure to net loss, its most directly comparable GAAP financial measure, please see the reconciliation table located in the company's earnings press release.
The content of this call contains time-sensitive information that is accurate only as of today, February 8, 2024. Except as required by law, AMMO disclaims any obligation to publicly update or revise any information to reflect events or circumstances that occur after this call.
It is now my pleasure to turn the call over to AMMO's Chief Executive Officer, Jared Smith.
Jared Smith
Good afternoon, everyone. Calendar 2023 was a challenging year for our industry and for the U.S. economy. Despite this backdrop, AMMO continued to transition its business to a stronger and leaner operating model as we push through this very tough economic period. We have emerged from this time with an impeccable balance sheet, and we are encouraged about the significant opportunities we have before us here in the fourth quarter and going forward.