AMMO: Bleak Q4 Profitability, Glimpse Into Growth As Sequential Revenues Improve

Wirestock/iStock via Getty Images On the 20th of February in 2024, I published an article on the company called "AMMO Q3: Revenue Slump Isn't My Main Concern". In the article, I initiated AMMO's stock at Sell due to the company's weak profitability not making for an attractive investment. Since the article, the stock has now fallen by -25% compared to an S&P 500 return of 9% in the same period. Q4 Results Show Weak Profitability Still, the quarter showed a great sequential growth of 17.1%, showing a gradual ...