Replies to post #11722 on Keeping It Simple

[Superstitionnomad]

Poww is off to a great start today

[eastunder]

AMMO, Inc. Schedules February 16, 2021 Earnings Conference Call & Expects to Report Third Quarter Fiscal Results in Excess of $16.5 Million

AMMO, Inc.
Tue, January 26, 2021, 6:30 AM·




- Approximately 500% Year-Over-Year Revenue Increase.

- Triple Digit Quarter-Over-Quarter Growth in EBITDA & Gross Profit

SCOTTSDALE, Ariz., Jan. 26, 2021 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW) (“AMMO” or the “Company”), a premier American ammunition and munition components manufacturer and technology leader, plans to report its third quarter fiscal 2021 results during the Company’s “earnings call” which will take place on February 16, 2021.

AMMO anticipates reporting in excess of $16.5 million in revenue for the third quarter of the Company’s 2021 fiscal year during the February 16th earnings conference call. “As we prepare to report our numbers across all metrics, the Company has seen exceedingly strong revenue this fiscal year, with growth of nearly 500% year-over-year and 38% quarter-over-quarter,” said Fred Wagenhals, AMMO’s Chairman & CEO. Mr. Wagenhals further noted that “what is most exciting for the Company is that we are seeing record-breaking triple digit growth quarter-over-quarter in EBITDA and Gross Profit Margin. This growth is driven in significant part by the Company reaching scale with respect to its operations as our capital expenditures, staffing and resources come online.” Mr. Wagenhals concluded that “we have record breaking demand for all our products within the US markets, with demand reasonably anticipated industry wide to grow with the rapid pace of new gun ownership and the election outcome. The investments we have made over the years in patented technology and production increases are beginning to pay dividends for the Company and its shareholders.”

[eastunder]

POWW and FNKO

POWW earnings 2-16 B



FNKO (Tenative: 3-4 A)

[eastunder]

Ammo (POWW) reported a 4th Quarter December 2020 loss of $0.04 per share on revenue of $16.6 million. The consensus estimate was a loss of $0.03 per share. Revenue grew 499.6% on a year-over-year basis.

The company said it expects fourth quarter revenue of approximately $20.0 million. The current consensus revenue estimate is $16.6 million for the quarter ending March 31, 2021

https://earningswhispers.com/epsdetails/poww

[eastunder]

POWW

offering price on new shares was 5.00 mar 12th
closed on the 16th with the full exercise of the underwriters’ over-allotment option to purchase 3 million additional shares

with little negative reaction considering the stock was trading at 6 bucks when announced. Low was 5.66 after that announcement.

So market in general didn't give a hoot that shares were offered at a discount to current trade.

With that knowledge - I'll bite. Back in on 3

http://www.stoxline.com/quote.php?symbol=poww

[eastunder]

POWW - all in

for a hold



AMMO, Inc. Set to Join Russell 2000® Index and Russell Microcap® Index on June 28, 2021

Every fund/ETF out there that follows those indices, will have to buy POWW
on June 28th when they rebalance

[eastunder]

AMMO, Inc. (Nasdaq: POWW) (“AMMO” or the “Company”), a premier American ammunition and munition components manufacturer and technology leader, is pleased to be hosting an earnings conference call on Tuesday, June 29, 2021 at 5:00 p.m. EDT. The Company is also confirming 2021 Fiscal Year revenue guidance of $62 million, representing year-over-year projected revenue growth of 319%.

[eastunder]

POWW Pivot 9.95

[eastunder]

POWW

AMMO Swings to Profit in Q1 As Revenue Jumps, Company Ups Full-Year Revenue Guidance; Shares Rise

04:22 PM EDT, 08/16/2021 (MT Newswires) -- AMMO (POWW) on Monday posted an adjusted EPS of $0.13 in Q1, reversing from an adjusted loss of $0.01 per share a year earlier, as revenue jumped 360% to $44.5 million over the same period.

Analysts in a Capital IQ poll forecast an adjusted EPS of $0.07 and revenue of $44 million.

For fiscal 2022, the ammunition company raised its revenue guidance to $210 million from $190 million and its adjusted EBITDA to $70 million from $65 million. It reaffirmed Q2 revenue outlook of at least $51 million while expecting Q3 revenue of about $60 million. The Street forecast revenue of $52 million in Q2, $53 million in Q3 and $173.5 million for the year.

[eastunder]

BRIEF-Ammo Reports Q1 Earnings Per Share Of $0.08
5:07 PM ET, 08/16/2021 - Reuters
Aug 16 (Reuters) - Ammo Inc:

* AMMO, INC. REPORTS FINANCIAL RESULTS FOR FIRST QUARTER FISCAL 2022

* Q1 ADJUSTED EARNINGS PER SHARE $0.13

* Q1 EARNINGS PER SHARE $0.08

* Q1 REVENUE ROSE 360 PERCENT TO $44.5 MILLION

* SEES Q3 REVENUE ABOUT $60 MILLION

* INCREASING OUR FISCAL 2022 REVENUE GUIDANCE FROM $190 MILLION TO $210 MILLION

* REITERATING OUR EXPECTATION FOR Q2 FISCAL 2022 REVENUE OF AT LEAST $51 MILLION

* INCREASING OUR ADJUSTED EBITDA GUIDANCE FOR FISCAL 2022 FROM $65 MILLION TO $70 MILLION Source text for Eikon: Further company coverage:

[eastunder]

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

Mon, August 16, 2021, 2:05 PM·12 min read

https://finance.yahoo.com/news/ammo-inc-reports-financial-results-200500442.html


Record Net Revenues of $44.5 Million Including Marketplace Revenue of $12.3 Million

Diluted EPS of $0.08 Compared to ($0.07)

Adjusted EPS of $0.13 Compared to ($0.01)

Raises Fiscal 2022 Outlook to $210 Million of Revenue and $70 Million of Adjusted EBITDA

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.

First Quarter Fiscal 2022 versus First Quarter Fiscal 2021:

Net revenues increased 360% year-over-year to $44.5 million

Marketplace revenue was $12.3 million reflecting the acquisition of GunBroker.com

Gross profit margin was 42.7% compared to 11.1%

Net income was $9.5 million compared to a net loss of $3.1 million

Diluted EPS of $0.08 compared to ($0.07); Adjusted EPS of $0.13 compared to ($0.01)

Adjusted EBITDA was $16.3 million versus a loss of $0.3 million

Backlog of $238 million

“We delivered solid first quarter results, exceeding estimates for revenue and Adjusted EBITDA. Core ammunition sales were up more than three-fold reflecting strong underlying demand for our unique, high-performance products. We also added over $12 million of high-margin Marketplace revenue with the GunBroker.com acquisition that closed in April,” said Fred Wagenhals, Chairman and Chief Executive Officer of AMMO, Inc. “Integration efforts are advancing on schedule and we are working on several major initiatives to further accelerate growth across our powerful Marketplace platform. Construction of our new manufacturing facility is also on track and we continue to make progress with new product development and government contracts. I am very proud of our team’s commitment and execution in driving significant value for all stakeholders.”

First Quarter Fiscal 2022 Results

Net revenues of $44.5 million were up 360% versus last year driven by strong growth in Ammunition and incremental revenue from the acquisition of GunBroker.com. Ammunition sales totaled $28.4 million compared to $6.4 million in last year’s first quarter, an increase of 342%. Marketplace revenue was $12.3 million reflecting the GunBroker.com business we acquired on April 30, 2021.

Gross profit was $19.0 million in the first quarter versus $1.1 million in the year-earlier period due to the increased sales of Ammunition coupled with the addition of our Marketplace segment, which included GunBroker.com. Gross profit margin was 42.7% in the first quarter compared to 11.1% in last year’s first quarter reflecting the impact of our higher margin Marketplace revenue.

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. The increase was attributable to operating the GunBroker.com business for approximately two months, higher commission payments stemming from growth in our Ammunition sales, higher stock-based compensation expense, and professional fees related to the acquisition of GunBroker.com. As a percent of sales, operating expenses declined to 20.9% in the first quarter of fiscal 2022 from 40.0% in the year-earlier period reflecting operating leverage, manufacturing scale and the mix shift in favor of higher margin Marketplace revenues.

Operating income for the first quarter of fiscal 2022 was $9.7 million compared to an operating loss of $2.8 million in last year’s first quarter.

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. Net income available to common shareholders was $9.2 million or $0.08 per fully diluted share versus a net loss of $3.1 million and ($0.07) per fully diluted share in the first quarter of fiscal 2021. Adjusted net income per share was $0.13 in versus an adjusted per share loss of ($0.01).

Adjusted EBITDA was $16.3 million in the first quarter of fiscal 2022 compared to an adjusted EBITDA loss of $0.3 million a year earlier.

Outlook

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. We estimate third quarter fiscal 2022 revenue will be approximately $60 million. We are increasing our Adjusted EBITDA guidance for fiscal 2022 from $65 million to $70 million.