POWWThe ammunition industry has been far behind in production capacity to meet the enormous increase in demand. As long as crime continues to be a problem in America, there will be an outsized level of demand. POWW Just opened a state of the art ammo plant in Q2, revenues have grown from $0 in 2016 (startup) to $62.482 million in 2021; with company and analyst estimates putting 2023 @ $300-$320 million.
Ammo Inc published revenue growth of 285% for 2022 on June 30, 2022 and price is up 8.44% as of today (July 1).
NASDAQ:POWW
Earnings - www.nasdaq.com
Insider Activity - all buys, no sells - www.nasdaq.com
Potential short-squeeze on the ESG nuts - www.nasdaq.com
I am long on POWW as of today, and POWWP. POWW Preferred (POWWP is currently yielding 8.62%)
