ADM Endeavors, Inc. (OTCQB: ADMQ) Announces Record Profits

Rhea-AI Summary

ADM Endeavors (OTC-PINK:ADMQ) reported record profits of $1,057,015 for the first 10 months of 2021, a 200% increase from $350,236.88 during the same period in 2020. This profit figure is over 270% higher than total profits for pre-COVID 2019. CEO Marc Johnson emphasized that increased profits signify positive long-term growth. Just Right Products, a subsidiary of ADM, has also reached sales exceeding $5.6 million in the last year, showcasing strong operational performance.

Positive

• Record profits of $1,057,015 in 2021, up 200% from 2020's $350,236.88
• 2021 profits exceed pre-COVID profits of 2019 by over 270%
• Just Right Products achieved sales of over $5.6 million in the last year

Negative

• None.

FORT WORTH, Texas--(BUSINESS WIRE)-- ADM Endeavors, Inc. (OTCQB: ADMQ) announced today that in the first 10 months of 2021 our wholly owned subsidiary Just Right Products Inc. has produced record profits. Our unaudited profit for 2021 for this period is $1057,015. This is over a 200% increase from our profit for the same period in 2020 which was $350,236.88. To add prospective to this accomplishment, current 2021 profits are over 270% higher than the entire pre-COVID profits of 2019.

ADMQ Profit Comparison Chart (Graphic: Business Wire)

ADM Endeavors CEO Marc Johnson said, “Increases in revenue are great, but profits are the true signature of a company going in the right direction with longevity.”

About ADMQ: Since 2010, our wholly owned subsidiary, Just Right Products, Inc., has been consistently increasing sales, with sales topping $5.6 million over the last 12 months. The Company sells “Anything With A Logo” on its website, www.JustRightProducts.com, developing products ranging from unique business cards to coffee cups, T-shirts to boots, with tens of thousands of other unique products from which to select. Just Right Products, Inc. operates a diverse vertical integrated business in the Dallas/Fort Worth area, consisting of a retail sales division, screen print production, embroidery production, digital production, import wholesale sourcing, and uniforms.

• www.admendeavors.com
• www.fwpromo.com
• www.justrightproducts.com
• https://uscbdlogo.com
• https://247365threads.com/
• www.facebook.com/groups/admqshareholders
• https://fortworth.academicoutfitters.com/

Forward Looking Statement:

This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Any statements that are not historical facts contained in this press release are "forward-looking statements" that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Words such as “strategy,” “expects,” “continues,” “plans,” “anticipates,” “believes,” “would,” “will,” “estimates,” “intends,” “projects,” “goals,” “targets” and other words of similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying these statements. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions or economic conditions with respect to the retail industry, the COVID-19 pandemic, the performance of management, actions of government regulators, vendors, and suppliers, our cash flows and ability to obtain financing, competition, general economic conditions and other factors that are detailed in our filings with the Securities and Exchange Commission. We intend that all forward-looking statements be subject to the safe-harbor provisions. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211103005788/en/

ADM Endeavors, Inc. | info@admendeavors.com | 817.840.6271

Marc Johnson | CEO ADM Endeavors, Inc. | 817.231.8040

Source: ADM Endeavors, Inc.

FAQ

What were ADM Endeavors' profits for the first 10 months of 2021?

ADM Endeavors reported profits of $1,057,015 for the first 10 months of 2021.

How much did ADM Endeavors' profits increase compared to 2020?

The profits increased by over 200% compared to $350,236.88 in the same period of 2020.

What are the sales figures for Just Right Products in the last year?

Just Right Products achieved sales exceeding $5.6 million over the last 12 months.

How do 2021 profits compare to pre-COVID profits?

Current profits in 2021 are over 270% higher than the total pre-COVID profits of 2019.