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American Rebel Holdings Inc develops self-defense, safe storage, and patriotic products. The company specializes in designing, manufacturing, and marketing concealed carry products, including backpacks, vault doors, and other items. With a focus on quality and innovation, American Rebel aims to provide customers with reliable and secure solutions for their safety needs.
American Rebel Holdings (NASDAQ: AREB) is showcasing its products at the 2023 SHOT Show in Las Vegas from January 17 to 20. The Company will present various product lines including Champion safes and a new line of E-Bikes. CEO Andy Ross describes this event as a pivotal opportunity to enhance the brand's visibility. Following the acquisition of Champion Safe, American Rebel reported Q3 2022 revenues of $4.1 million, a significant increase from $0.3 million in Q3 2021. This marks their first industry trade show appearance alongside Champion. The SHOT Show is a major event for firearms and related products, attracting global buyers.
American Rebel Holdings will present a corporate overview at the RHK 2022 Disruptive Growth Conference on December 5-6, 2022, in New York City. CEO Andy Ross is scheduled to present on December 6 at 10:20 a.m. ET. The conference will feature panels from Reed Smith attorneys and showcase innovative companies across various sectors such as healthcare, technology, electric vehicles, and biotech. Investors can access the live presentation through the provided link. For more information about American Rebel, visit their website.
American Rebel Holdings, Inc. (NASDAQ: AREB) reported a significant rise in quarterly revenues, reaching $4.1 million for the period ending September 30, 2022, compared to $0.3 million during the same period last year. This growth is mainly attributed to the acquisition of Champion, finalized on July 29, 2022. Gross margin improved to $978,104 from $15,278. However, the net loss increased to $2.1 million or $0.36 per share, compared to a $1.4 million loss or $1.05 per share previously, largely due to costs associated with the acquisition. Pro forma revenue is projected to reach $20 million for the year.