POWW

AMMO, Inc. to Conduct Fiscal Second Quarter 2024 Earnings Call on November 9, 2023 at 5:00PM ET

Retrieved on: 
Thursday, October 26, 2023

Management will host a conference call at 5:00 PM ET on November 9, 2023, to review financial results and provide an update on corporate developments.

Key Points: 
  • Management will host a conference call at 5:00 PM ET on November 9, 2023, to review financial results and provide an update on corporate developments.
  • Please note that registered participants will receive their dial-in number upon registration and will dial directly into the call without delay.
  • Those without Internet access or who are unable to pre-register may dial in by calling 1-866-777-2509 (domestic) or 1-412-317-5413 (international).
  • When requested, please ask for “AMMO, Inc. Second Quarter 2024 Conference Call.”
    The conference call will also be available through a live webcast at the following link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=kAqERLpp , which is also available through the Company’s website.

AMMO, Inc. Announces Preferred Stock Dividend

Retrieved on: 
Friday, August 18, 2023

SCOTTSDALE, Ariz., Aug. 18, 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 August 31, 2023 will receive a cash dividend equal to $0.55902778 per Series A Preferred Stock share.

Key Points: 
  • SCOTTSDALE, Ariz., Aug. 18, 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 August 31, 2023 will receive a cash dividend equal to $0.55902778 per Series A Preferred Stock share.
  • The cash dividend will be paid on September 15, 2023.

AMMO, Inc. Reports First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, August 9, 2023

First Quarter Fiscal 2024 vs. First Quarter Fiscal 2023

Key Points: 
  • First Quarter Fiscal 2024 vs. First Quarter Fiscal 2023
    Net Revenues of $34.3 million.
  • We ended the first quarter with total revenues of approximately $34.3 million in comparison to $60.8 million in the prior year quarter.
  • Cost of goods sold was approximately $20.2 million for the quarter compared to $42.6 million in the comparable prior year quarter.
  • For the quarter, we recorded Adjusted EBITDA of approximately $6.6 million, compared to prior year quarter Adjusted EBITDA of $10.6 million.

AMMO, Inc. Sets Fiscal First Quarter 2024 Earnings Call

Retrieved on: 
Tuesday, August 8, 2023

The Company will also host a conference call for investors at 5:00 p.m. EST that same day.

Key Points: 
  • The Company will also host a conference call for investors at 5:00 p.m. EST that same day.
  • Management will host a conference call at 5:00 PM ET on August 9, 2023, to review financial results and provide an update on corporate developments.
  • Those without Internet access or who are unable to pre-register may dial in by calling 1-866-777-2509 (domestic) or 1-412-317-5413 (international).
  • When requested, please ask for “AMMO, Inc. First Quarter 2024 Conference Call.”

AMMO, Inc. Issues Letter to Shareholders from Jared Smith, Chief Executive Officer

Retrieved on: 
Monday, July 31, 2023

To our employees: this change has not been easy and current market conditions have made this transition even tougher.

Key Points: 
  • To our employees: this change has not been easy and current market conditions have made this transition even tougher.
  • We are now starting to execute on that vision while quickly making the changes necessary to win and maintain your confidence.
  • Principally, our success begins with a new commitment from our executive management team to communicate more effectively and provide a greater degree of transparency to our shareholders.
  • We are doing this to give shareholders better insight into our developments and to ensure GunBroker.com’s dominance in this industry.

AMMO, Inc. Sets Fiscal First Quarter 2024 Earnings Call

Retrieved on: 
Wednesday, July 26, 2023

The Company will also host a conference call for investors at 5:00 p.m. EST that same day.

Key Points: 
  • The Company will also host a conference call for investors at 5:00 p.m. EST that same day.
  • Investors interested in participating in the live conference call or audio-only webcast, may join by dialing 1-866-777-2509 (domestic), 1-412-317-5413 (international), or via webcast at https://dpregister.com/sreg/10181137/f9fe467d45 .
  • Please join at least 5-10 minutes prior to the scheduled start and follow the operator’s instructions.
  • When requested, please ask for “AMMO, Inc. First Quarter 2024 Conference Call.”

AMMO, Inc. Announces Jared Smith as its New Chief Executive Officer

Retrieved on: 
Tuesday, July 25, 2023

“Today I, along with the Board of Directors, am pleased to announce that industry veteran Jared Smith has been named Chief Executive Officer and will become a Director of AMMO and GunBroker.com,” said Fred Wagenhals, AMMO’s current CEO and Chairman.

Key Points: 
  • “Today I, along with the Board of Directors, am pleased to announce that industry veteran Jared Smith has been named Chief Executive Officer and will become a Director of AMMO and GunBroker.com,” said Fred Wagenhals, AMMO’s current CEO and Chairman.
  • “I will remain Executive Chairman of AMMO and GunBroker.com and will be a strategic advisor to the Company and Jared to assist in the transition.
  • During his tenure at Fiocchi, he held multiple positions, including Director of Procurement and Supply Chain, and subsequently, Vice President of International Strategy and Development.
  • I look forward to an exciting and successful future for AMMO and GunBroker.com.”

AMMO, Inc. and GunBroker.com Launch Video Podcast with GoWild July 13

Retrieved on: 
Thursday, July 13, 2023

Podcast host and firearms historian Logan Metesh will lead the weekly podcast with GunBroker.com team members and GoWild, a free social media community and gear platform for outdoor enthusiasts.

Key Points: 
  • Podcast host and firearms historian Logan Metesh will lead the weekly podcast with GunBroker.com team members and GoWild, a free social media community and gear platform for outdoor enthusiasts.
  • The weekly topics will range from famous mobster guns, collector firearms, and battlefield hardware to hunting innovations.
  • “We are really end-users here at GoWild and often focus on the experience more the gear,” said Brad Luttrell, GoWild cofounder and chief executive officer.
  • “Our team brings that perspective to the table which helps to bridge the gap between the history and the practical.

AMMO, Inc. Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Wednesday, June 14, 2023

We ended our fourth quarter with total revenues of approximately $43.7M in comparison to approximately $70.1M in the prior year quarter - this was a decrease of 37.7% from the prior year quarter.

Key Points: 
  • We ended our fourth quarter with total revenues of approximately $43.7M in comparison to approximately $70.1M in the prior year quarter - this was a decrease of 37.7% from the prior year quarter.
  • Our cost of revenues was approximately $31.8M for the quarter compared to $49M in the comparable prior year quarter.
  • For the quarter, we recorded adjusted EBITDA of approximately $3.8M, compared to prior year quarter adjusted EBITDA of $10.7M.
  • Management will host a conference call to discuss the Company’s Fourth Quarter and FY 2023 results at 5:00 p.m.

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

Retrieved on: 
Wednesday, May 31, 2023

The Company will also host a conference call for investors at 5:00 p.m. EDT that same day.

Key Points: 
  • The Company will also host a conference call for investors at 5:00 p.m. EDT that same day.
  • Investors interested in participating in the live conference call or audio-only webcast, may join by dialing 1-866-777-2509 (domestic), 1-412-317-5413 (international), or via webcast at https://dpregister.com/sreg/10179241/f9865bf53b .
  • Please join at least 5-10 minutes prior to the scheduled start and follow the operator’s instructions.
  • When requested, please ask for “AMMO, Inc. Fourth Quarter and Fiscal Year 2023 Conference Call.”