 SCOTTSDALE, AZ, May 20, 2021 GLOBE NEWSWIRE -- AMMO, Inc. Nasdaq: POWW AMMO or the Company, a premier American ammunition and munition components manufacturer and technology leader, is updating quarterly revenue to 41 million for its 1st Quarter of the 2022 Fiscal Year ending June 30, 2021, generating its first profitable quarter in the Companys short history. 