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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. (Nasdaq: POWW, POWWP) announced it received acknowledgment from the Ukraine Ministry of Defense for donating one million rounds of ammunition. Colonel Oleksii Nahorianskyi expressed gratitude for this contribution to the Ukrainian Armed Forces in their effort for sovereignty. CEO Fred Wagenhals highlighted the company's ongoing support for Ukraine's fight. Founded in 2016, AMMO, Inc. is a major producer of high-performance ammunition and components, with its corporate headquarters in Scottsdale, Arizona.

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GAT Marketing has announced a partnership with AMMO, Inc. (NASDAQ: POWW, POWWP), the owner of GunBroker.com, to enhance digital marketing efforts. AMMO, known for its high-performance ammunition, is experiencing significant growth, recently donating one million rounds to Ukraine. GAT Marketing has seen over 2000% revenue growth since 2018 and emphasizes strong ROI for its clients. This collaboration aims to drive traffic to GunBroker.com and expand AMMO's market presence.

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AMMO, Inc. (Nasdaq: POWW, POWWP) has successfully delivered 1 million rounds of donated ammunition to Ukrainian authorities. This initiative supports Ukraine's efforts to safeguard its citizens amidst ongoing conflicts. Chairman & CEO Fred Wagenhals highlighted the significance of this contribution and stated that the team is exploring further opportunities to assist Ukraine.

AMMO operates GunBroker.com, the largest online firearms marketplace, and specializes in high-performance ammunition. Established in 2016, AMMO aims to innovate within the munitions industry.

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AMMO, Inc. (Nasdaq: POWW, POWWP) announced a strategic partnership with Digital Cash Processing (DCP) to enhance transaction processes on GunBroker.com, the largest online firearms marketplace. This collaboration aims to improve digital payment solutions, facilitating faster and more secure transactions for users. CEO Fred Wagenhals highlighted the synergies expected from this partnership, reinforcing their commitment to leveraging GunBroker.com's capabilities to meet evolving digital economy demands.

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AMMO, Inc. (Nasdaq: POWW, POWWP) announced that its CEO, Fred Wagenhals, will appear on Varney & Company on March 14, 2022. During the segment, he will discuss the company's significant donation of 1 million rounds of ammunition to the Armed Forces of Ukraine and provide insights into the current ammunition market. This appearance aims to highlight AMMO's commitment to supporting military efforts and its position in the firearms industry.

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AMMO, Inc. has announced encouraging updates in a letter to shareholders, highlighting a transformative year since acquiring GunBroker.com. The company reported record net revenues of $64.7 million in Q3 2022, with $17.6 million from the marketplace and a 33.45% increase in auction numbers year-over-year. The Board authorized a $30 million share repurchase program, and the company retains a full-year revenue guidance of approximately $250 million for FY2022, reflecting an anticipated 288% increase. AMMO is set to triple production capacity with a new facility opening in Summer 2022.

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AMMO, Inc. (Nasdaq: POWW, POWWP) announced Richard Childress from its Board of Directors will appear on FOX & Friends on March 2, 2022, at 8:50 AM EST. This exposure aims to enhance brand visibility for AMMO, a key player in the firearms industry and owner of GunBroker.com, the leading online firearms marketplace. The company focuses on manufacturing ammunition and components for various applications. For further details, interested viewers can tune into FOX News to learn more about the discussions surrounding the firearms and shooting sports sectors.

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AMMO, Inc. (Nasdaq: POWW, POWWP) announced a cash dividend of $0.546875 per share for holders of its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock. This dividend will be paid on March 15, 2022, to shareholders recorded as of the close of business on February 28, 2022. The Company continues to innovate within the ammunition industry, emphasizing its patented products. For more updates on AMMO and its offerings, visit www.ammo-inc.com.

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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 $21.2 as of January 29, 2025.

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
SCOTTSDALE