AMMO: Bleak Q4 Profitability, Glimpse Into Growth As Sequential Revenues Improve
POWWAMMO(POWW) Seeking Alpha·2024-06-16 18:55

Wirestock/iStock via Getty Images AMMO, Inc. (NASDAQ:POWW), the ammunition manufacturer and gun auction site owner, reported the company’s Q4/FY2024 results on the 13th of June after market close. Markets didn’t take the results well despite a revenue beat as profitability slumped into a weaker-than-expected level despite greater revenues – the stock closed at a fall of -29% on the 14th of June following the results. On the 20th of February in 2024, I published an article on the company called “AMMO Q3: Rev ...