Outdoor Holding Company

Gentlemen, thank you for standing by. Good afternoon and welcome to the AMO, Inc. fiscal third quarter 2023 earnings call. At this time, all participants are in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. To withdraw your question, please press star then two. Participants of 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 call over to Scott Arnold of Core IR, the company's investor relations firm. Please go ahead, sir.

Good morning, and thank you for participating in today's conference call. Joining me from AMO's leadership team are Fred Wagenhals, Chairman and Chief Executive Officer, Rob Wiley, Chief Financial Officer, and Jared Smith, President and Chief Operating Officer. During this call, management will be making forward-looking statements, including statements that address AMO'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 AMO'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 AMA 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 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 14, 2023. Except as required by law, AMO 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 Fred Wagonhals.

Thank you, and I appreciate everyone joining us for our fiscal third quarter 2023 earnings call. I would like to start the call by saying how excited I am to introduce our newest management team member, President and COO, Jarrett Smith, to our shareholders. The management team spent a lot of focused time over the past year searching for the right person to join us to help us refine our operations as we moved into our new manufacturing facility in Manitowoc. Jarrett is the one, and from what I've seen in just the past month since he's came aboard, the board and our management team did a great job in finding someone who will be a integral piece to take this company to the next level of growth. Jarrett and Rob Wiley, our CFO, will discuss the market environment and our performance in detail across both the manufacturing and marketplace segment of our business. But I did want to comment on a few items before I hand the floor over to my colleagues. We started this company in 2016. with the vision and the mission to innovate and capture a meaningful share of the ammunition market, picking our spots for acquisitions, staying focused on always improving manufacturing operations, all while working to bring our customers the product they desire. We have grown by leaps and bounds in these short seven plus years And I am proud of what we've accomplished. But there is much work left to do. And we now have the team assembled to meet these challenges and are excited about the opportunities that lie before us. Regardless of the political spin we all hear coming out of Washington, the US is already in the throes of a recession and the inflationary drivers are hitting consumers hard in their pocketbooks. Those pressures are being felt across the market, both by AMO and its peers alike. However, we are responding to those challenges. And Jarrett will outline what we are doing to best position our company within the environment and will highlight a number of the positive changes we have already made and will continue to make in the face of these headwinds as we continue to increase capacity and operational efficiencies. I have spoken on a few occasions about the development at gunbroker.com, and we are excited that these enhancements are going to start rolling off this spring so that marketplace users, both buyers and sellers, can take advantage of these new opportunities. This enhanced platform will significantly leverage the amazing GunBroker.com platform, driving greater revenues and profitability to the M.O.' 's bottom line. We are continuing to explore the market for additional best-in-class folks to join our team. Jared is a prime example of the new leadership we are adding to the mix. bringing 17 years of very strategic and focused experience to the table. We have already spent a lot of time together speaking with both industry and marketplace about our plans going forward. At this time, and without further ado, I would like to turn the call over to Jared Smith, AMO's new president and COO, He will walk you through the current state of our operations and what we believe the future has in store for Ammo, its team, and our shareholders.