Ammo

Ammo, Inc. designs and manufactures products for law enforcement, military, sport shooting, and self-defense. The firm promotes its branded munitions, including patented STREAK Visual Ammunition, subsonic munitions, and armor piercing rounds for military use. It offers products to sport and recreational shooters, hunters, individuals seeking home or personal protection, and law enforcement and military agencies. It also operates GunBroker, an online marketplace dedicated to firearms, hunting, shooting, and related products. The company was founded in 1990 and is headquartered in Scottsdale, AZ.

Earnings data Q1 2023

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

I am buying more AMMO Inc. shares due to its strong balance sheet, insider ownership, and potential stock buyback. The company's financial performance has been mixed, with recent revenue down 13% and a net loss of $4 million, but a solid balance sheet with $27 million in cash. The market is currently valuing AMMO Inc. at near record lows, which I believe is an overly pessimistic outlook.

AMMO, Inc.: Buying More In Spite Of The Recoil

SCOTTSDALE, Ariz., May 31, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced that it will release financial results for its Fourth Quarter and Fiscal Year 2023 ended March 31, 2023, after the stock market closes on Wednesday, June 14, 2023. The Company will also host a conference call for investors at 5:00 p.m. EDT that same day.

AMMO, Inc. Announces Fourth Quarter and Fiscal Year 2023 Earnings Call

SCOTTSDALE, Ariz., May 19, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced that the holders of record of the Company's 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”) as of the close of business on May 31, 2023 will receive a cash dividend equal to $0.55902778 per Series A Preferred Stock share. The cash dividend will be paid on June 15, 2023.

AMMO, Inc. Announces Preferred Stock Dividend

SCOTTSDALE, Ariz., May 04, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today acknowledged receipt of a lawsuit filed by Steve Urvan in the Delaware Court of Chancery.

AMMO Acknowledges Receipt of Urvan Lawsuit

Anheuser-Busch InBev

NIKE

Exxon Mobil

Disney

Mondelez

Wendy's

With partisan pundits across the ideological spectrum throwing pejoratives such as “woke” or “fascist,” it's time to have a substantive discussion on controversial brands. As investors, we shouldn't let memes and labels define how we conduct business.

7 Controversial Brands That Are Actually Great Stock Buys

American Shared Hospital Services

Cronos Group

Solid Power

Enel Chile

Tilray Brands

Uranium Energy

As 2023 unfolds into a promising, positive year, investors are looking to load up on the next big opportunity. The consensus amongst the market punditry is that value and reasonably priced stocks with company-specific catalysts are likely to thrive in the current economic environment.

The 7 Most Compelling Penny Stocks to Watch Right Now

American Well Corporation

B2Gold

Super Group SGHC Ltd

Before entertaining the discussion of the top penny stocks to watch, it is imperative to emphasize that this market arena requires caution before investing. It looks as if 2023 could be a prosperous year for stocks.

7 Penny Stocks to Keep an Eye on for the Rest of the Year

Sturm, Ruger & Company

Shares of Ammo Inc. POWW, +2.33% gained 0.7% in premarket trading Tuesday, after the online marketplace for the firearms and shooting sports industries said it would extend its share repurchase program until February 2024. The program is for up to $30 million worth of its stock, which represents 14.5% of the company's market capitalization of about $207.4 million as of Monday's close.

Ammo's stock gains after repurchase program extended, and shares of Sturm Ruger, Smith & Wesson also rise

SCOTTSDALE, Ariz., March 28, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, announces today that its Board of Directors approved an extension of the Company's share repurchase program for up to $30 million of its outstanding common stock until February 2024.

Ammo Inc. Board Authorizes Extension of Share Repurchase Plan

SCOTTSDALE, Ariz., March 13, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, announces today that management will participate in a fireside chat at the 35th Annual Roth Conference being held on March 12-14, 2023 at The Ritz Carlton, Laguna Niguel in Dana Point, California.

AMMO, Inc. to Participate in Fireside Chat at the 35th Annual ROTH Conference

AMMO, Inc. went public in December 2020, raising around $18 million in a U.S. IPO. The firm manufactures various types of small arms ammunition and operates the GunBroker.com marketplace.

AMMO, Inc. In Transition As Losses Grow

AMMO, Inc. (POWW) delivered earnings and revenue surprises of -37.50% and 31.97%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

AMMO, Inc. (POWW) Q3 Earnings and Revenues Lag Estimates

AMMO, Inc. (NASDAQ:POWW ) Q3 2023 Earnings Conference Call February 14, 2023 5:00 PM ET Company Participants Scott Arnold - CORE IR Fred Wagenhals - Chairman and Chief Executive Officer Jared Smith - President and Chief Operating Officer Rob Wiley - Chief Financial Officer Conference Call Participants Matt Koranda - Roth Capital Edward Riley - EF Hutton Mark Smith - Lake Street Capital Operator Ladies and gentlemen, thank you for standing by. Good afternoon and welcome to the AMMO, Inc. Fiscal Third Quarter 2023 Earnings Call.

AMMO, Inc. (POWW) Q3 2023 Earnings Call Transcript

SCOTTSDALE, Ariz., Feb. 14, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today reported results for its third quarter of fiscal 2023, ended December 31, 2023.

AMMO, Inc. Reports Third Quarter 2023 Financial Results

SCOTTSDALE, Ariz., Jan. 31, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced that it will release financial results for its fiscal third quarter 2023 ended December 31, 2022, after the stock market closes on Tuesday, February 14, 2023. The Company will also host a conference call for investors at 5:00 p.m. EST that same day.

AMMO, Inc. Sets Fiscal Third Quarter 2023 Earnings Call

The ammunition maker may have some big business on the horizon.

Why Ammo Is Soaring 15% This Week

SCOTTSDALE, Ariz., Jan. 17, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced it has appointed Randy Luth, a firearm industry veteran, to serve on the Company's Board of Directors. Mr. Luth previously served on AMMO's board from 2017 to 2021.

AMMO, Inc. Appoints Randy Luth to Board of Directors

SCOTTSDALE, Ariz., Jan. 03, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (NASDAQ: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, along with GunBroker.com, will be attending the 2023 SHOT Show, January 17-20, at The Venetian Expo and Caesars Forum in Las Vegas, NV.

(UPDATED) AMMO, Inc. and GunBroker.com to Exhibit at the 2023 SHOT Show® in Las Vegas

SCOTTSDALE, Ariz., Jan. 03, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (NASDAQ: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, along with GunBroker.com, will be attending the 2023 SHOT Show, January 17-23, at The Venetian Expo and Caesars Forum in Las Vegas, NV.

AMMO, Inc. and GunBroker.com to Exhibit at the 2023 SHOT Show ® in Las Vegas

AMMO, Inc. shares are down 70% since August 2022. The company reported weaker-than-expected quarterly earnings due to higher transportation/commodity costs and expenses related to a proxy contest.

AMMO, Inc.: Slowing Revenues, High Operating Costs Continue To Pressure Share Price

SCOTTSDALE, Ariz., Dec. 15, 2022 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced Jared Smith's hiring as the Company's Chief Operating Officer & President, effective January 3, 2023.

AMMO, Inc. Announces Jared Smith as its New Chief Operating Officer/President

Quarterly revenue missed expectations, and the company guided lower for the quarters to come.

Why Ammo Stock Is Plunging Today

AMMO, Inc. (NASDAQ:POWW ) Q2 2023 Earnings Conference Call November 14, 2022 5:00 PM ET Company Participants Matt Blazei - CORE IR Fred Wagenhals - Chairman and CEO Rob Wiley - Chief Financial Officer John Flynn - Vice President Conference Call Participants Mark Smith - Lake Street Capital Matt Koranda - ROTH Capital Edward Riley - EF Hutton Operator Ladies and gentlemen, thank you for standing by. Good afternoon.

AMMO, Inc. (POWW) Q2 2023 Earnings Call Transcript

AMMO, Inc. (POWW) delivered earnings and revenue surprises of -58.33% and 26.05%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

AMMO, Inc. (POWW) Lags Q2 Earnings and Revenue Estimates

Wayne Walker and Christos Tsentas Join the AMMO Board

News for Ammo Stock (POWW)