Ammo Inc Preferred

NASDAQ POWWP

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Ammo Inc Preferred Return on Equity (ROE) 1 year YoY Change (%) for the quarter ending December 31, 2023: 58.41%

Ammo Inc Preferred Return on Equity (ROE) 1 year YoY Change (%) is 58.41% for the quarter ending December 31, 2023. Return on equity (ROE) measures the profitability of a company relative to its shareholders' equity. It is calculated by dividing the net income by the shareholders' equity. This ratio indicates the return generated for each unit of shareholders' equity invested in the company. A higher ROE suggests better profitability and value creation for shareholders. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.

Ammo Inc Preferred Return on Equity (ROE) for the quarter ending December 31, 2022 was -1.09%.

NASDAQ: POWWP

Ammo Inc Preferred

CEO	-
IPO Date	May 21, 2021
Location	United States
Headquarters	7681 East Gray Road, Scottsdale, AZ, United States, 85260
Employees	342
Sector	Industrials
Industry	Aerospace & defense

Description

AMMO, Inc. designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals seeking home or personal protection, manufacturers, and law enforcement and military agencies. The company's products include STREAK Visual Ammunition that enables shooters to see the path of the bullets fired by them; and Stelth Subsonic ammunition primarily for suppressed firearms. It also owns and operates GunBroker.com, an auction site that supports the lawful sale of firearms, ammunition, and hunting/shooting accessories. In addition, the company's products comprises of armor piercing and hard armor piercing incendiary precision ammunition; and ammunition casings for pistol ammunition through large rifle ammunition. The company has a license agreement with Jeff Rann's ammunition for game hunting. AMMO, Inc. was founded in 2016 and is based in Scottsdale, Arizona.

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