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ADM Endeavors, Inc., trading under the symbol (OTCQB: ADMQ), is a diverse and fully integrated promotional product company based in the Dallas/Fort Worth area. Operating since 2010, ADM Endeavors' wholly owned subsidiary, Just Right Products, Inc., has consistently demonstrated profitability and growth. The company specializes in developing and distributing 'Anything With A Logo' through its website, JustRightProducts.com. Their extensive product range includes unique business cards, coffee cups, T-shirts, boots, and tens of thousands of other customizable items.
ADM Endeavors operates through various divisions: retail sales, screen print production, embroidery production, digital production, import wholesale sourcing, and uniforms. This vertical integration allows them to control the entire product life cycle, ensuring quality and efficiency. Key achievements include a recent contract to provide school uniforms for four additional schools, anticipated to generate significant revenue, and a new building project that will greatly expand production capacity.
Financially, ADM Endeavors has shown strong performance. For the third quarter ending September 30, 2022, the company reported $2.3 million in revenue, maintaining profitability despite slight decreases in sales due to external economic factors. Recent projects include the launch of their custom liquor bottle market and a new Spanish FW Promo website to enhance customer reach.
ADM Endeavors has strategically positioned itself in stable markets, evidenced by new government contracts and expanding into underserved niches like custom liquor bottles. Their forward-looking strategy includes a new production facility, expected to increase production capacity by up to five times. The company remains committed to growing its market presence while ensuring superior customer service and product quality.
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ADM Endeavors, Inc. has announced the continued success of Preston's T-shirt of the month program, with each limited-edition shirt selling out monthly. CEO Marc Johnson highlighted that Preston reached 20 million subscribers recently, marking a significant achievement in his YouTube career. Due to the program's success, Preston has ordered six more designs from FW Promo, a subsidiary of ADM Endeavors. The company's wholly owned subsidiary, Just Right Products, Inc., reported sales exceeding $6.44 million over the last 12 months, showcasing its diverse product offerings and robust business model.
ADM Endeavors, Inc. recently announced that Irving ISD awarded Just Right Products a contract for student school uniforms under RFP #22-60-881, effective from May 25, 2022 to May 24, 2023, with an option to renew until May 24, 2026. This contract is significant as Just Right Products has reported sales exceeding $6.44 million in the last 12 months. The company operates a diverse business model in the Dallas/Fort Worth area, offering a wide range of branded products.
ADM Endeavors, Inc. has announced the completion of an appraisal for its new facility in Fort Worth, Texas, conducted by Integra Realty Resources at CapTex Bank's request. CEO Marc Johnson expressed satisfaction with the collaboration, noting the appraisal's positive results will facilitate the building project. The company's subsidiary, Just Right Products, reported sales exceeding $6.44 million over the past year, focusing on a wide variety of branded merchandise.
ADM Endeavors, Inc. (OTCQB: ADMQ) reported strong achievements in securing government contracts, particularly during the last two months. Notable contracts awarded include those from the North Texas Water Authority and several school districts. The company has also renewed contracts with multiple entities, reinforcing its stable revenue streams in an inflation-driven market. CEO Marc Johnson emphasized the strategic focus on government contracts, highlighting the growth in sales through their subsidiary, Just Right Products, Inc., which recorded $6.44 million in sales in the last year.
ADM Endeavors, Inc. (OTCQB:ADMQ) announced progress on its new building construction in Fort Worth, Texas. The erosion fence is installed, and deposits for structural materials have been made. CEO Marc Johnson highlighted that the new facility will quadruple production capacity and expand product offerings, aiming to attract larger corporate clients and enhance fulfillment services for influencers. Recently, the company's subsidiary, Just Right Products, reported sales exceeding $6.44 million over the last 12 months, showcasing its diverse product range.
ADM Endeavors has promoted Bruce Boyce to Sales Manager, overseeing a team of 10 sales representatives. His promotion is attributed to his success in securing government contracts and enhancing sales growth within the company. Sales for the subsidiary Just Right Products have exceeded $6.44 million in the last year, highlighting the company’s robust performance in selling customized products. CEO Marc Johnson praised Bruce's leadership and the impact of his personal sales strategies.
ADM Endeavors announces that COO Sarah Nelson will step down at the end of May to pursue a career in education. Jennifer Martinez, who joined the company in April 2022, will take over as COO. With 13 years of experience in the apparel industry, Jennifer is expected to facilitate a smooth transition and drive higher sales and potential acquisitions. The company reported sales of $6.44 million for the last 12 months through its subsidiary, Just Right Products.
ADM Endeavors, Inc. (OTCQB: ADMQ) has secured a one-year renewal of its work uniform contract with the Tarrant County Purchasing Department, effective until July 23, 2023. This contract is pivotal for the company's government sales growth, enabling participation from other municipalities. The firm, through its subsidiary Just Right Products, reported over $6.44 million in sales for the last 12 months, showcasing its diverse offerings from uniforms to promotional products.
ADM Endeavors, Inc. (OTCQB: ADMQ) reported significant financial growth for the fiscal year ending December 31, 2021. Revenues increased by 30% to $6.5 million, up from $5 million in 2020. The company also achieved a net income of $737 thousand, reversing a loss of $23 thousand in the previous year. CEO Marc Johnson emphasized ongoing business expansion plans, including a new 80,000-100,000 square foot headquarters and potential strategic acquisitions. The company maintains a strong balance sheet, allowing it to better serve customer needs.
ADM Endeavors, Inc. (OTCQB: ADMQ) has provided a business update highlighting key developments. The company submitted its 10k filing for final approval, expected to be public this week. Its subsidiary, Just Right Products, secured five new city contracts in Texas and renewed contracts with its largest school uniform customers for three additional years. Additionally, ADM has made a deposit for materials for a new building, locking in costs amid rising material prices. CEO Marc Johnson noted that this facility is crucial for the company's growth.
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