AMERAMEX INTL INC - AMMX STOCK NEWS

AmeraMex International (OTC Pink: AMMX) has secured orders totaling $1.1 million for heavy equipment. The company, which serves logistics, infrastructure construction, and forestry conservation sectors, reported the following sales:

- A Taylor Equipment loaded container handler to a steel industry customer
- Two Taylor Equipment 36,000-pound capacity forklifts to the US government
- A truck and lowbed to a forestry conservation customer

Additionally, AmeraMex's Parts Department sold nearly $170,000 in parts. CEO Lee Hamre noted an uptick in customer quotes and RFPs, the addition of a new salesperson, and the launch of a television and print campaign. The company expects strong third and fourth quarters as a result of these initiatives.

AmeraMex International (OTC Pink: AMMX) reported strong financial results for Q2 and H1 2023. Q2 revenue increased 65% to $3.8 million, with gross profit surging to $2.6 million. The company achieved a net income of $1.0 million in Q2, compared to a net loss in the same period last year. For H1 2023, revenue grew 29% to $7.1 million, with gross profit up 60% to $2.4 million. Earnings per share for Q2 and H1 were $0.07 and $0.04, respectively.

The balance sheet showed improvements, with current assets increasing by $1.1 million and total assets by $4.0 million. The company will host a conference call on August 16, 2024, to provide a shareholder update.

AmeraMex International (OTC Pink: AMMX), a provider of heavy equipment for logistics, infrastructure construction, and forestry conservation, has announced a conference call to discuss its financial results for Q2 and H1 2024. The call is scheduled for August 16, 2024, at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time).

Key details:

• Dial-in number: 1.201.689.8560 for both U.S. and international callers
• Audio replay available from August 16, 3:00 p.m. ET to August 30, 11:59 p.m. ET
• Replay number: 1.412.317.6671, pin 13748314

This call provides an opportunity for investors to gain insights into AmeraMex's performance and future outlook.

AmeraMex International (OTC Pink: AMMX) has announced $600,000 in new equipment orders. The sale includes a refurbished Taylor Equipment Empty Container Handler and two Taylor Equipment 52,000-pound capacity forklifts. The container handler will be shipped to the West Coast in early August, while the forklifts are destined for a Southern California customer by the end of July.

CEO Lee Hamre expressed satisfaction with the orders, emphasizing the company's commitment to providing high-quality, reliable equipment. AmeraMex International specializes in heavy equipment for logistics, infrastructure construction, and forestry conservation, offering sales, leasing, and rental services with over 30 years of industry experience.

AmeraMex International (OTC Pink: AMMX), a supplier of heavy equipment for logistics, infrastructure construction, and forestry conservation, announced orders totaling $1.2 million. These include two refurbished Taylor Equipment Reach Stackers, destined for a customer in Montreal, and a Taylor Equipment T-520 Forklift ordered by a customer in Massachusetts. The T-520 Forklift, with a 52,000-pound lifting capacity, offers features including diesel operation, pneumatic tires, and over 10 feet of lifting capability. The Reach Stackers are versatile, equipped with a telescopic boom and multiple container-handling capabilities.

AmeraMex has over 30 years of experience in the heavy equipment sector, providing sales, leasing, and rental services to various industries such as construction, logistics, mining, and lumber.

AmeraMex International (OTC Pink: AMMX) announced the delivery of its second Taylor Equipment Reach Stacker to the US Military as part of a $7 million, five-year rental agreement. Each stacker, valued at approximately $900,000, is part of an order placed in October 2022. The company has already shipped the first stacker, with the third currently in transit and the remaining three expected within two months. CEO Lee Hamre highlighted the efficiency of rental agreements for steady cash flow and future resale opportunities. The Reach Stackers are versatile machines capable of handling diverse container types with advanced features such as a telescopic boom and ISO container handling attachment.

AmeraMex International, a provider of heavy equipment for logistics, construction, and forestry, announced new orders totaling $355,000. The order includes a refurbished Taylor Equipment Forklift, a Caterpillar D-10-N Crawler Dozer, and two Liu Ging Forklifts. The equipment will be shipped by the end of Q2 2024. The Caterpillar Dozer, with a 520 hp turbocharged engine, is designed for heavy-duty tasks. For more information on their equipment, visit AmeraMex's website or contact their sales team.

AmeraMex International, a provider of heavy equipment, announced a $450,000 equipment order for a refurbished Taylor Reach Stacker, Model XRS-9972. The machine will be shipped to a customer in Eastern Canada by the end of the quarter. The XRS-9972 model is a versatile machine capable of handling diverse containers and features a telescopic boom for high stacking and an ISO container handling attachment.

AmeraMex International (OTC Pink: AMMX) reported a revenue of $3.3 million for Q1 2024, marking a 3% year-over-year increase from $3.2 million in Q1 2023.

However, gross profit declined significantly to -$148,268 from $818,308 in the previous year.

The company also reported a net loss of $436,343, compared to a net income of $101,103 in Q1 2023.

Loss per share was $-0.01, down from earnings per share of $0.01 last year.

Total assets decreased slightly to $18.5 million from $18.6 million at the end of 2023, while total liabilities increased to $14.9 million from $14.6 million.

Cash and cash equivalents fell to $163,507 from $588,128 at the end of 2023.