POWW

AMMO, Inc. Reports Financial Results for Second Quarter Fiscal 2022

Retrieved on: 
Monday, November 15, 2021
Adjustment, Adoption, Gun, Form 8-K, Ownership, Sumathi Best Television Current Reporting Award, Risk, Growth, Goal, Â, Law enforcement, Firearm, EBITDA, Federal, Sale, Acquisition, Company, GLOBE, AMMO, POWW, Webcast, GunBroker.com, Nasdaq, Video game, Bookkeeping

SCOTTSDALE, AZ, Nov. 15, 2021 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), a leading vertically integrated producer of high-performance ammunition and components and owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, today announced results for its second quarter of fiscal 2022 ended September 30, 2021.

Key Points: 
  • Second Quarter Fiscal 2022 versus Second Quarter Fiscal 2021:
    Momentum remains very strong across our entire business and we reported another record quarterly performance that exceeded estimates for revenue and Adjusted EBITDA.
  • Operating expenses were $12.0 million for the second quarter of fiscal 2022, compared to $3.0 million for the second quarter of fiscal 2021.
  • Operating income for the second quarter of fiscal 2022 was $14.2 million compared to an operating loss of $1.7 million in last years second quarter.
  • Net income was $14.1 million in the second quarter of fiscal 2022, compared to a net loss of $2.3 million in the second quarter of fiscal 2021.

AMMO, Inc. Announces Preferred Stock Dividend

Retrieved on: 
Friday, August 27, 2021
Company, Â, POWW, GunBroker.com, AMMO, Ownership, GLOBE, Law enforcement, Nasdaq, Form 8-K, Sumathi Best Television Current Reporting Award, Risk, Goal, Federal, Sale, Firearm, Gun, Gunsmith

The cash dividend will be paid on September 15, 2021.

Key Points: 
  • The cash dividend will be paid on September 15, 2021.
  • AMMO designs and manufactures products for a variety of aptitudes, including law enforcement, military, sport shooting and self-defense.
  • The Company was founded in 2016 with a vision to change, innovate and invigorate the complacent munitions industry.
  • AMMO promotes branded munitions as well as its patented STREAK Visual Ammunition, /stelTH/ subsonic munitions, and armor piercing rounds for military use.

AMMO, Inc. Reports Financial Results for First Quarter Fiscal 2022

Retrieved on: 
Monday, August 16, 2021
Income, EBITDA, AMMO, Law enforcement, Form 8-K, Gun, Firearm, Goal, Company, POWW, Adjustment, Sumathi Best Television Current Reporting Award, GLOBE, Ownership, Acquisition, Webcast, GunBroker.com, Â, Growth, Risk, Sale, Nasdaq, Federal, Video game, Bookkeeping

SCOTTSDALE, AZ, Aug. 16, 2021 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), a leading vertically integrated producer of high-performance ammunition and components and operator of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries today announced results for its first quarter of fiscal 2022 ended June 30, 2021.

Key Points: 
  • First Quarter Fiscal 2022 versus First Quarter Fiscal 2021:
    We delivered solid first quarter results, exceeding estimates for revenue and Adjusted EBITDA.
  • Operating expenses were $9.3 million for the first quarter of fiscal 2022 compared to $3.9 million for the first quarter of fiscal 2021.
  • Net income was $9.5 million in the first quarter of fiscal 2022 compared to a net loss of $3.1 million in the first quarter of fiscal 2021.
  • We are increasing our fiscal 2022 revenue guidance from $190 million to $210 million, including reiterating our expectation for second quarter fiscal 2022 revenue of at least $51 million.

Mill City Ventures III, Ltd. Reports Record Second Quarter 2021 Results

Retrieved on: 
Monday, August 16, 2021
Income, Time, Forward-looking statement, NASDAQ, Company, Private Securities Litigation Reform Act, Ammunition, POWW, Security (finance), Bank

MINNEAPOLIS, Aug.16, 2021 /PRNewswire/ --Mill City Ventures III, Ltd. ("Mill City" or the "Company") (OTCQB: MCVT), a non-bank lender and specialty finance company, announced today its revenue and net income for the quarter ended June 30, 2021.

Key Points: 
  • MINNEAPOLIS, Aug.16, 2021 /PRNewswire/ --Mill City Ventures III, Ltd. ("Mill City" or the "Company") (OTCQB: MCVT), a non-bank lender and specialty finance company, announced today its revenue and net income for the quarter ended June 30, 2021.
  • Shareholder equity increased 22% to $14.2M from $11.6M from December 31, 2020
    "We have seen a tremendous opportunity during the last six months.
  • The Company continues to explore opportunities in real estate bridge loans, title loans, insurance claims, litigation financing and business acquisitions.
  • Founded in 2007, Mill City Ventures III, Ltd., is a short-term non-bank lending and specialty finance company.