AMMO Inc. (POWW) Reports FY EPS Of $0.53

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AMMO, Inc. Reports Fiscal Year 2022 Financial Results Including 285% Revenue Growth and Provides Fiscal Year 2023 Guidance Comprising of $300 Million to $310 Million in Revenues

June 29, 2022 4:05 PM EDT

SCOTTSDALE, Ariz., June 29, 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 reported results for its full fiscal year ended March 31, 2022.

2022 Fiscal Year versus 2021 Fiscal Year:

Net Revenues increased 285% to $240.3 million.Gross profit margin... More