Red Army Standard Ammunition

AMMO, Inc. Reports First Quarter 2023 Financial Results

Retrieved on: 
Monday, August 15, 2022

AMMO continued to show strong momentum in both our ammunition and marketplace divisions in the first quarter of Fiscal 2023, as revenue increased 37% from the first quarter of Fiscal 2022.

Key Points: 
  • AMMO continued to show strong momentum in both our ammunition and marketplace divisions in the first quarter of Fiscal 2023, as revenue increased 37% from the first quarter of Fiscal 2022.
  • Management will host a conference call to discuss the Companys Fiscal first quarter 2023 results at 5:00 p.m.
  • When requested, please ask for AMMO, Inc. First Quarter 2023 Conference Call.
  • You should, however, consult further disclosures and risk factors we include in Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Reports filed on Form 8-K.

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

Retrieved on: 
Wednesday, June 29, 2022

2022 Fiscal Year versus 2021 Fiscal Year:

Key Points: 
  • 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.