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AMMO, Inc. 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock - POWWP STOCK NEWS

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AMMO Inc is the owner of GunBroker.com, the online marketplace serving the firearms and shooting sports industries, and a producer of high-performance ammunition and components. They design, manufacture, and market ammunition products in the United States, with revenue primarily from the Ammunition segment.

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AMMO, Inc. (POWW) announces the launch of new tools at GunBroker.com to enhance the customer experience. The new multi-item cart and single payment portal simplify the buying process, allowing customers to purchase multiple items from different sellers with a single checkout. The system integrates firearms, accessories, and discounts, streamlining the checkout process for both auction and immediate purchase items.
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AMMO, Inc. (POWW) announces a cash dividend for its Series A Preferred Stock shareholders. The dividend of $0.5529514 per share will be paid on March 15, 2024.
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AMMO, Inc. (POWW) reported its third-quarter fiscal 2024 results, with net revenues of $36.0 million, a gross profit margin of 30.3%, and adjusted EBITDA of $5.4 million. The company experienced a net loss of ($1.6) million and diluted EPS of ($0.02). GunBroker.com saw marketplace revenue of $14.0 million, with new user growth averaging 37,000 per month.
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AMMO, Inc. (POWW) announces the release of financial results for its fiscal third quarter 2024 and a conference call to review the results and provide an update on corporate developments. The call will take place on February 8, 2024, at 5:00 PM ET. Participants can preregister for the call and access it via webcast or phone.
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AMMO, Inc. (Nasdaq: POWW, POWWP) has signed a supply agreement with ZRODelta to provide 6+ million brass cases for the fulfillment of international contracts. The agreement will see AMMO supplying ZRODelta with 6+ million brass cases of 12.7x108 (Russian Equivalent of 50 Caliber) starting in June 2024 and expects delivery to be completed by February 2025, with a contract value exceeding $10 million. This marks the company's expansion into international markets and will leverage their increased manufacturing capacity at their new facility in Manitowoc.
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AMMO, Inc. (Nasdaq: POWW, POWWP) Announces Cash Dividend for Series A Preferred Stock Holders
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AMMO, Inc. (Nasdaq: POWW, POWWP) reported Q2 fiscal 2024 results, with net revenues of $34.4 million and gross profit margin of 24.1%. Adjusted EBITDA was $1.2 million, and net loss was ($7.5) million. GunBroker.com saw marketplace revenue of $12.5 million and new user growth of 26,000 per month.
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AMMO, Inc. to release financial results for fiscal Q2 2024 on November 9, 2023.
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AMMO, Inc. announces cash dividend for Series A Preferred Stock holders
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AMMO, Inc. (Nasdaq: POWW, POWWP) reported its first quarter fiscal 2024 results. Net revenues were $34.3 million, with a gross profit margin of 40.9%. Adjusted EBITDA was $6.6 million and there was a net loss of ($1.1) million. GunBroker.com, the company's online marketplace, had revenue of $13.9 million and saw an average take rate increase to 5.8%.
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FAQ

What is the current stock price of AMMO 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (POWWP)?

The current stock price of AMMO 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (POWWP) is $21 as of November 6, 2024.

What is AMMO Inc known for?

AMMO Inc is known for being the owner of GunBroker.com, an online marketplace for firearms and shooting sports industries, and producing high-performance ammunition.

Where does AMMO Inc operate?

AMMO Inc operates in the United States, designing, manufacturing, and marketing ammunition products.

What are the revenue sources for AMMO Inc?

The majority of revenue for AMMO Inc comes from the Ammunition segment where they design, produce, and market ammunition and ammunition components.

Who can be contacted for investor relations at AMMO Inc?

For investor relations at AMMO Inc, you can contact Matt Blazei at CORE IR at 516-386-0430 or ir@ammo-inc.com.

What is GunBroker.com?

GunBroker.com is a marketplace under AMMO Inc that serves the firearms and shooting sports industries.

What products are offered by AMMO Inc?

AMMO Inc offers ammunition products and operates the GunBroker.com marketplace.

How can GunBroker.com be reached?

You can contact Allen Forkner, Vice President of Public Relations and Brand Management at GunBroker.com, at allen.forkner@gunbroker.com or 402-672-7615.

Who is the Chief Operating Officer at Gearfire?

Chad Seaverns is the Chief Operating Officer at Gearfire. You can reach him at ChadS@gearfire.com or 480-696-4300.

What non-GAAP financial measures are provided by AMMO Inc?

AMMO Inc provides a reconciliation of GAAP Net Loss to Adjusted EBITDA. For more details, contact CORE IR at 212-655-0924 or ir@ammo-inc.com.

AMMO, Inc. 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock

Nasdaq:POWWP

POWWP Rankings

POWWP Stock Data

1.40M
Aerospace & Defense
Ordnance & Accessories, (no Vehicles/guided Missiles)
Link
United States of America
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