AMMONASDAQ: POWW

AMMO Inc experienced a massive one day stock implosion. Does this make it investment worthy? The company appears to be at the mercy of inflation. Rising component costs are being passed to the consumer and consumer discretionary income is lower due to inflation as well. The annual report shows net losses growing significantly, raising concerns about the company's financial health.

AMMO reported Q4 results with weaker-than-expected profitability, leading to a sell-off of -29% on Friday. Sequential growth in Q4 revenues were great, led by a great increase in ammunition sales, but weakened by GunBroker revenues. The stock continues to overvalue cash flow prospects as the future margin outlook is now weaker, and a lawsuit acts as a significant risk to shareholders.

AMMO, Inc. (POWW) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.03 per share a year ago.

AMMO, Inc. (NASDAQ:POWW ) Q4 2024 Earnings Conference Call June 13, 2024 5:00 PM ET Company Participants Scott Arnold - Senior Managing Director, CoreIR Jared Smith - Chief Executive Officer Rob Wiley - Chief Financial Officer Conference Call Participants Matt Koranda - Roth MKM Mark Smith - Lake Street Operator Ladies and gentlemen, thank you for standing by. Good afternoon and welcome to the AMMO, Inc. Fourth Quarter and Fiscal Year 2024 Earnings Call.

SCOTTSDALE, Ariz., June 13, 2024 (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 Fourth Quarter and Fiscal Year 2024, ended March 31, 2024.

SCOTTSDALE, Ariz., May 30, 2024 (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 2024 ended March 31, 2024, after the stock market closes on Thursday, June 13, 2024.

SCOTTSDALE, Ariz., May 17, 2024 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”) announced that shareholders of the Company's 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock as of May 31, 2024 will receive a cash dividend of $0.55902778 per share on June 17, 2024.

Here is how AMMO, Inc. (POWW) and Pactiv Evergreen Inc. (PTVE) have performed compared to their sector so far this year.

Here is how AMMO, Inc. (POWW) and Rush Street Interactive, Inc. (RSI) have performed compared to their sector so far this year.