AMMO, INC. SETS FISCAL 2021 EARNINGS CALL
June 21 2021 - 8:30AM
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%.
Comparison for Fiscal Fourth Quarter
2021 vs. Fiscal Fourth Quarter 2020
- Revenue guidance for the quarter of
$24 million – a 400% increase in comparison to the $4.8 million for
the Fiscal 2020 quarter.
Comparison for Fiscal Year End 2021 vs.
Fiscal Year End 2020
- Revenue guidance for the fiscal
year 2021 of $62 million – a 319% increase in comparison to the
$14.8 million for fiscal year end 2020.
The conference call and audio-only webcast will
begin at 5:00 p.m. EDT on Tuesday, June 29, 2021. To participate in
the conference call, please join by dialing
1-877-407-0789 (domestic), 1-201-689-8562 (international), or via webcast (http://public.viavid.com/index.php?id=145369) at least
5-10 minutes prior to the scheduled start and follow the operator’s
instructions. When requested, please ask for “AMMO, Inc. Fiscal
2021 Earnings Call.”
About AMMO, Inc.
With its corporate offices headquartered in
Scottsdale, Arizona. AMMO designs and manufactures products for a
variety of aptitudes, including law enforcement, military, sport
shooting and self-defense. The Company was founded in 2016 with a
vision to change, innovate and invigorate the complacent munitions
industry. AMMO promotes branded munitions as well as its patented
STREAK™ Visual Ammunition, /stelTH/™ subsonic munitions, and armor
piercing rounds for military use. For more information, please
visit: www.ammo-inc.com.
About GunBroker.com
As an AMMO subsidiary, GunBroker.com is the
largest online marketplace dedicated to firearms, hunting, shooting
and related products. Aside from merchandise bearing its logo,
GunBroker.com currently sells none of the items listed on its
website. Third-party sellers list items on the site and Federal and
state laws govern the sale of firearms and other restricted items.
Ownership policies and regulations are followed using licensed
firearms dealers as transfer agents. Launched in
1999, GunBroker.com is an informative, secure and safe way to
buy and sell firearms, ammunition, air guns, archery equipment,
knives and swords, firearms accessories and hunting/shooting gear
online. GunBroker.com promotes responsible ownership of guns
and firearms. For more information, please visit:
www.gunbroker.com.
Forward Looking Statements
This document contains certain “forward-looking
statements”. All statements other than statements of historical
fact are “forward-looking statements” for purposes of federal and
state securities laws, including, but not limited to, any
projections of earnings, revenue or other financial items; any
statements of the plans, strategies, goals and objectives of
management for future operations; any statements concerning
proposed new products and services or developments thereof; any
statements regarding future economic conditions or performance; any
statements or belief; and any statements of assumptions underlying
any of the foregoing.
Forward looking statements may include the words
“may,” “could,” “estimate,” “intend,” “continue,” “believe,”
“expect” or “anticipate” or other similar words, or the negative
thereof. These forward-looking statements present our estimates and
assumptions only as of the date of this report. Accordingly,
readers are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the dates on
which they are made. We do not undertake to update forward-looking
statements to reflect the impact of circumstances or events that
arise after the dates they are made. 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.
Investor Contact:Rob Wiley,
CFOAMMO, Inc.Phone: (480) 947-0001IR@ammo-inc.com
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