Outdoor Holding Company Stock Price, News & Analysis

AMMO, Inc. (Nasdaq: POWW, POWWP) has successfully operationalized its .50BMG manufacturing line, supporting a South American export deal for 2.5 million rounds valued over $15 million. The new Manitowoc, WI plant is ramping up capacity weekly, and AMMO is receiving increased international inquiries. CEO Fred Wagenhals highlighted the company's ability to meet both U.S. and global demand, indicating strong market recognition. This order positions AMMO to further expand its production capabilities and cater to international markets.

AMMO, Inc. (Nasdaq: POWW, POWWP) has opened a new 185,000 sq. ft. facility in Manitowoc, Wisconsin, significantly enhancing its lab and range capabilities. This state-of-the-art plant includes a multi-lane underground range and advanced testing equipment for both standard and armor-piercing ammunition. The facility aims to innovate ammunition technology, including newly developed multi-part casings. AMMO is dedicated to supporting military programs and maintaining a leadership role in the ammunition industry.

AMMO, Inc. (Nasdaq: POWW, POWWP) announced the launch of its proprietary eCommerce payment processing platform, targeting January 1, 2023. This move aims to enhance the buyer/seller experience on GunBroker.com and is projected to increase net income by $5 million annually by eliminating third-party processor BitRail. The platform will offer secure transactions, fraud protection, and loyalty programs. CEO Fred Wagenhals stated that this initiative will improve transaction volume and revenue, ultimately benefiting shareholders.

AMMO, Inc. (Nasdaq: POWW, POWWP) announced its in-house marketing suite launch for manufacturers and sellers by January 1, 2023. The suite aims to enhance sales directly to consumers via GunBroker.com, leveraging significant consumer data for improved targeting. The initiative positions the company to increase market share and creates additional revenue opportunities, projecting annual revenue between $5-$10 million. AMMO's Chairman & CEO highlights this as a strategic move to enhance shareholder value and harness the Marketplace's reach.

AMMO, Inc. (Nasdaq: POWW, POWWP) has initiated the manufacturing and distribution of its .50 BMG High Accuracy ammunition from a new facility in Wisconsin. The state-of-the-art plant, with a capacity of 2 million rounds per month, is anticipated to generate an additional $80 million in annual revenue. Following heightened inquiries for ammunition from Eastern European customers, AMMO aims to expand production. The company’s armor-piercing and incendiary rounds are undergoing load testing for market readiness.

AMMO, Inc. (NASDAQ: POWW, POWWP) announced its President, Rob Goodmanson, will present at the MicroCap Rodeo Windy City Roundup 2022 in Chicago on October 13th at 9:00 AM CT. The presentation will be streamed live and available for replay. Investors can also schedule one-on-one meetings during the event. This conference connects investors with over 60 microcap companies to explore potential investment opportunities and industry trends for 2023. For more details about AMMO, visit www.ammo-inc.com.

AMMO, Inc. (NASDAQ: POWW, POWWP) announced plans to separate its manufacturing and marketplace operations into two distinct public companies. Shareholders of AMMO will receive shares in both Outdoor Online, Inc. (which includes GunBroker.com) and Action Outdoor Sports, Inc. (the current ammunition business) upon completion of the separation. This strategic move aims to enhance operational focus and maximize shareholder value. The company promotes innovative products in law enforcement, military, and shooting sports.

AMMO, Inc. (Nasdaq: POWW, POWWP) has expanded its distribution of loaded ammunition, including STREAK^™ Visual Ammunition, to 440 retail stores in the U.S. in the first two quarters of the fiscal year. CEO Fred Wagenhals noted that rising demand in the commercial market is driving this growth, which is vital for brand development. Additionally, the company anticipates strong interest in its advanced ammunition from military and law enforcement sectors, identifying this area as a key growth driver for fiscal 2023.