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Ammo Inc (POWW) combines precision ammunition manufacturing with digital marketplace leadership through GunBroker.com, serving the shooting sports and firearms industries. This news hub provides investors and industry professionals with direct access to official company communications and market developments.
Track essential updates including quarterly earnings, manufacturing innovations, and marketplace enhancements. Our curated collection features press releases on product launches, strategic partnerships, and operational milestones that demonstrate the company's vertical integration strategy.
All content is sourced from verified company communications to ensure accuracy. The organized format allows quick scanning of financial results, leadership changes, and industry-specific developments. Regular updates reflect Ammo Inc's dual focus on advanced manufacturing techniques and e-commerce platform growth.
Bookmark this page for streamlined access to POWW's latest announcements. Combine these primary sources with broader market analysis to maintain informed perspectives on the company's manufacturing capabilities and digital marketplace performance.
AMMO, Inc. (Nasdaq: POWW, POWWP), owner of GunBroker.com and a leading producer of high-performance ammunition, has announced a cash dividend for holders of its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock. Shareholders of record as of August 31, 2024 will receive a dividend of $0.55902778 per share, payable on September 16, 2024. This announcement demonstrates AMMO's commitment to providing returns to its preferred stockholders and reflects the company's financial stability in the firearms and shooting sports industry.
AMMO, Inc. (Nasdaq: POWW) reported its fiscal Q1 2025 financial results. Net revenues were $31.0 million, down from $34.3 million in the prior year. Gross profit margin decreased to 31.6% from 40.9%. Adjusted EBITDA was $2.0 million, a significant drop from $6.6 million. The company reported a net loss of $7.1 million, compared to $1.1 million in the same period last year. Diluted EPS was $(0.07) versus $(0.02) in Q1 FY2024, while adjusted EPS was $0.01 compared to $0.05. GunBroker.com, AMMO's online marketplace, generated $12.3 million in revenue with new user growth averaging 25,000 per month and an increased take rate of 6.2%. The company is building ammunition inventories for new premium rifle hunting segments and foresees further increase in take rates with their Gearfire financing solution. Additionally, AMMO repurchased 580,000 shares in the quarter, contributing to a strong financial position with $134 million in current assets.
AMMO, Inc. (Nasdaq: POWW, POWWP), owner of GunBroker.com and a leading producer of high-performance ammunition, has announced its fiscal first quarter 2025 earnings call. The call is scheduled for August 8, 2024, at 5:00 PM ET, following the release of financial results after market close on the same day. The earnings period covers the quarter ended June 30, 2024.
Management will provide financial results and corporate updates, followed by a Q&A session. Participants can pre-register for the call or dial in directly. A live webcast will also be available through the company's website.
AMMO Inc. (Nasdaq: POWW), owner of GunBroker.com, reported its Fourth Quarter and Fiscal Year 2024 results, ending March 31, 2024.
Key highlights include:
Fiscal Year 2024: Net revenues of $145.1 million, a 24.2% decrease; Gross profit margin of 29.4%; Adjusted EBITDA of $15.4 million, down from $26.4 million; Net loss of $15.6 million, compared to $4.6 million last year; Diluted EPS of ($0.16), down from ($0.07).
Fourth Quarter 2024: Net revenues of $40.4 million, a 7.5% decrease; Gross profit margin of 23.3%; Adjusted EBITDA of $2.2 million, down from $3.8 million; Net loss of $5.3 million, compared to $2.9 million last year; Diluted EPS of ($0.05), down from ($0.04).
GunBroker.com recorded new user growth of 30,000 per month in FY2024, with a revenue of $53.9 million.
CEO Jared Smith highlighted progress in rifle ammunition and casing sales and improvements in GunBroker's capabilities, forecasting a stronger Fiscal 2025.
AMMO, Inc. (Nasdaq: POWW), owner of GunBroker.com, announced it will release its Fourth Quarter and Fiscal Year 2024 financial results on June 13, 2024, after market close. A conference call will follow at 5:00 PM ET to discuss the results and provide corporate updates. Participants can preregister for the call online or join via dial-in numbers for domestic and international access. The call will also be webcast live on the company's website.
AMMO, owner of GunBroker, the largest online marketplace for firearms, has partnered with Gearfire Capital to provide Buy Now, Pay Later (BNPL) financing solutions. This collaboration aims to boost sales for firearms retailers by offering flexible financing options to customers. CEO Jared Smith highlighted that this partnership will help retailers compete better by offering tailored financing, while Gearfire's CEO JW Shultz emphasized the potential for expanding customer bases. The new financing programs are expected to be available later in 2024.
AMMO (Nasdaq: POWW, POWWP), based in Scottsdale, Arizona, and the owner of GunBroker.com, has announced a cash dividend for holders of its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock. Shareholders on record as of May 31, 2024, will receive a dividend of $0.55902778 per share. The payment is scheduled for June 17, 2024.