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AmeraMex International, Inc. (OTC Pink: AMMX) is a leading provider of heavy equipment for logistics companies, infrastructure construction, and forestry conservation. With over 30 years of experience, AmeraMex sells, leases, and rents heavy equipment to various industries, including construction, logistics, mining, and lumber. The company recently secured equipment orders totaling $905,000, including eight pieces of heavy equipment from customers across the US. With a focus on quality products and exceptional service, AmeraMex continues to deliver innovative solutions to its clientele.
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.
AmeraMex International (OTC Pink: AMMX), a heavy equipment provider, secured equipment orders worth $600,000. The orders include a refurbished Taylor Loaded Container Handler, two new LiuGong 5,000-pound capacity Forklifts, a refurbished Taylor TE520 Forklift, a refurbished Hyster H450 Empty Container Handler, a refurbished Hyster H400 Empty Container Handler, and a refurbished Taylor TE360 Forklift. The equipment is expected to ship by the end of Q2.
Additionally, AmeraMex is delivering the first of six reach stackers valued at $900,000 each to the US government this week. The company specializes in logistics, infrastructure construction, and forestry conservation.
AmeraMex International, Inc. (AMMX) secures equipment orders totaling $905,000 from customers in Utah, Massachusetts, and the West Coast. The orders include various heavy equipment pieces like Caterpillar Wheel Loaders, Taylor Container Handlers, Hyster Container Handlers, ASV RT-135, JLG Telehandlers, and Taylor Forklifts. The company's management team will host a year-end financial conference call on April 26, 2024. AmeraMex International specializes in selling, leasing, and renting heavy equipment for construction, logistics, mining, and lumber industries. For more information and pricing, contact the sales team.