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
2022 Fiscal Year versus 2021 Fiscal Year:
- 2022 Fiscal Year versus 2021 Fiscal Year:
Net Revenues increased 285% to $240.3 million. - For perspective, AMMO delivered 400 million rounds of loaded ammunition in 2022, which has pushed us to capacity at our current facility.
- Total net revenues for the year ended March 31, 2022, increased 285% or $177.8 million over the year ended March 31, 2021.
- Management will host a conference call to discuss the Companys Full Fiscal Year 2022 results at 5:00 p.m.