AMMO, Inc. Company profile
About Ammo Inc
Ammo, Inc. is engaged in designing, producing, and marketing of ammunition and ammunition component products. The Company provides its products to consumers, including sport and recreational shooters, hunters, individuals seeking home or personal protection, manufacturers and law enforcement and military agencies. The Company's product category includes range/competition, personal protection, hunting, reloading, and lifestyle. The Company's brands include STREAK VISUAL AMMUNITION, One Precise Shot (OPS), Stelth Subsonic Ammunition, Jeff Rann's American Hunter and Safari Services, and JMC Brass.
Financial summary
BRIEF: For the nine months ended 31 December 2021, Ammo Inc revenues increased from $38.3M to $170.2M. Net income applicable to common stockholders totaled $30.8M vs. loss of $7.3M. Revenues reflect Ammunition Sales increase from $28M to $112.6M, Casing Sales increase of 6% to $10.9M. Net Income reflects Interest expense decrease of 83% to $468K (expense), Loss on purchase decrease from $1M (expense) to $0K.
Equity composition
Common Stock no Par, 4/11, 100M auth., 14,425,903 issd. Insiders control approx. 82.43%. IPO 9/97, 500,000 units (2 Common + 1 Warrant) @ $12.00 by Kensington Securities, Inc.
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