AmeraMex International Announces Equipment Orders Totaling Approximately $ 1.7 Million

Rhea-AI Summary

AmeraMex International (OTCQB:AMMX) reported Y-T-D sales of approximately $28.7 million.

On December 31, 2021, the company announced new equipment orders totaling around $1.76 million, with shipments including various container handlers and skid steer loaders scheduled for delivery in early 2022. Notably, $864,000 of equipment shipped on December 30, 2021. These orders support logistics and construction sectors, highlighting AmeraMex's role in heavy equipment provision.

Positive

• Year-to-date sales reached approximately $28.7 million.
• New equipment orders worth about $1.76 million indicate strong demand.
• $864,000 worth of equipment shipped before year-end, enhancing cash flow.
• Diverse product offerings include advanced container handlers and skid steer loaders.

Negative

• Sales recognized only upon shipping may create cash flow delays.
• Dependence on shipping schedules could affect quarterly revenue reporting.

Y-T-D sales total approximately $28.7 million

CHICO, CA / ACCESSWIRE / December 31, 2021 / AmeraMex International, Inc. (OTCQB:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received equipment orders totaling approximately $1,760,000.

Year-to-date, AmeraMex has announced sales of approximately $28.7 million. Sales are not taken as revenue until the order ships to the customer. Equipment from this order totaling approximately $864,000 shipped December 30, 2021. The remaining equipment will ship in the first quarter 0f 2022.

The new orders consisted of the following equipment:

• Three Taylor THDC955 loaded container handlers shipping to customers in Southern California.

Taylor THDC955 loaded container handler

• Two ASV RT-75HDs track skid steer loaders shipping to a construction company in Northern California. The machines are shipping with six attachments, which include a post pounder, two grapple buckets, a posthole auger, a mastication head, and a trencher.

ASV RT-75HD

• One Taylor T1023 wheel loader. Wheel loaders are four-wheel-drive earthmoving machines used primarily to load loose materials with a front-mounted bucket.

Taylor T1023 wheel loader

• One Taylor TYC950 loaded container handler and one THDC955 loaded container handler along with two Taylor GT60 6,000-pound capacity diesel forklifts shipping to a dry port in Southern California. A dry port is an inland intermodal terminal directly connected by road or rail to a seaport, operating as a center for the transshipment of sea cargo to inland destinations.
• One Taylor TECSP-155H empty container handler capable of stacking empty containers five high will ship to a customer in Southern California.

For more information and pricing of logistics, construction, and forestry equipment or to receive information and arrange for a demonstration of the Kovaco Electric's 100 percent electric skid steer loaders or the line of ASV Posti-Tract and Skid Steer Loaders, contact the AmeraMex/Hamre Equipment sales team at 530.895.8955.

Forward-Looking Statements

This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are key factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Investors are encouraged to review the Company's filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if added information becomes available in the future.

Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com

SOURCE: AmeraMex International, Inc.

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https://www.accesswire.com/680383/AmeraMex-International-Announces-Equipment-Orders-Totaling-Approximately-17-Million

FAQ

What were AmeraMex's year-to-date sales figures as of December 31, 2021?

AmeraMex reported approximately $28.7 million in year-to-date sales as of December 31, 2021.

How much in new equipment orders did AmeraMex announce on December 31, 2021?

AmeraMex announced new equipment orders totaling approximately $1.76 million.

What types of equipment did AmeraMex ship on December 30, 2021?

AmeraMex shipped equipment including container handlers and skid steer loaders worth about $864,000 on December 30, 2021.

When is the remaining equipment from AmeraMex's recent orders expected to ship?

The remaining equipment from the recent orders is scheduled to ship in the first quarter of 2022.

What types of industries does AmeraMex serve?

AmeraMex provides heavy equipment for logistics, construction, and forestry industries.