| | | | With whats going on in Ukraine right now the need for Ammunition is HUGE! Could the companies supplying Ammo go into an INSANE Rally this week?
With a High-Demand for Ammunition and Firearms, This Company May Soon Be at the Top of Every Consumer's List!
AMMO, Inc. (NASDAQ: POWW), is a U.S.- based technology-driven ammunition company who recently confirmed a $250 Million revenue estimate for Fiscal Year 2022 Fiscal Year!AMMO is a BOOMING company that sits in two profitable markets, making it an important Firearm and Ammo Company to have high on your watch-list!
With their 2021 acquisition of GunBroker.com, the world's largest on-line auction marketplace dedicated to firearms, the upward growth potential for POWW is unstoppable. It is one of the LARGEST acquisitions made in the gun and ammo industry in recent years and the deal connected AMMO, Inc. (NASDAQ: POWW) to 6+ million GunBroker.com members.
AMMO's unique patented STREAK technology features a non-incendiary luminescent dot applied to the rear of the bullet through a separately patented process so that when fired, the muzzle flash illuminates this dot, providing the user with a tracer-like glowing bullet path.
It's no secret that AMMO's gun and ammunition sales SKY-ROCKETED throughout the pandemic, with 602% increase in revenue, 511% increase in transactions, and 242% increase in site traffic.
Due to the increase in gun purchasing, ammunition in stores have been hard to come by and customers have turned to online companies like the AMMO marketplace, GunBroker.com, (NASDAQ: POWW).
The pandemic brought on a desperate need for firearms and ammunition all across the country! Sales went through the roof ,causing shortages of ammunition in stores. This trickled WELL into 2021. And here we are at the beginning of 2022 and most customers are still turning to online stores to purchase their ammunition.
According to a 2021 study, gun purchases accelerated GREATLY in the US during 2020-2021, compared to 2019. More than 5 million adults became first-time gun owners between January 2020 and April 2021, compared to 2.4 million adults in 2019.
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