Ameramex Intl Stock Price, News & Analysis

AmeraMex International, Inc. (OTCQB:AMMX) announced new equipment orders totaling approximately $1.9 million, contributing to year-to-date sales of about $27.0 million. Orders include various Loaded Container Handlers and Skid Steer Loaders for logistics and forestry sectors. Notably, two handlers will generate $360,000 in rental revenue over twelve months before being sold for $225,000 each. The equipment will be shipped to various locations, including ports in Utah and California, enhancing the company's operational capabilities.

AmeraMex International (OTCQB:AMMX) reported a robust 72% revenue growth to approximately $8.2 million in Q3 2021 compared to Q3 2020. Gross profit rose 10% to $815,000, influenced by a $4.5 million shipment of new equipment with lower margins. The company recorded a significant increase in net profit, reaching $343,000 against a mere $19,000 in the previous year. For the nine-month period, revenue climbed 49% to $18.5 million with a net profit of $527,000, up from a loss of $408,000 in 2020. Assets decreased by $700,000, while cash increased by $500,000.

AmeraMex International (OTCQB:AMMX) has announced a third-quarter conference call scheduled for November 15, 2021, at 9:00 a.m. Pacific Time. CEO Lee Hamre will lead the call, discussing financial results and company updates. Interested participants should dial 1.412.317.6026, five minutes prior to the start time. An audio replay will be available from November 15 at 3:00 p.m. Eastern Time until November 29, 2021, using the same dial-in number with pin 1016190. AmeraMex specializes in heavy equipment for construction, logistics, mining, and forestry industries.

AmeraMex International (OTCQB:AMMX) announced a new equipment order worth $1,005,000, contributing to a year-to-date sales total of $25 million. The company's revenue has surged from $8.7 million in 2017 to an estimated $23 million in 2021, marking a 25.5% CAGR. However, increased operational costs have pressured gross profit margins. AmeraMex aims to adjust pricing in 2022 to restore margins to the 25-30% range. The recent order consists of Taylor XEC 207/8 Empty Container Handlers, scheduled for delivery to a Southern California logistics firm by year-end.

AmeraMex International (OTCQB:AMMX) has reported equipment orders totaling $1.47 million, contributing to year-to-date sales of approximately $24 million. The latest orders include various container handlers, with shipments planned to locations in Southern California and Mexico. These developments reflect a steady demand for the company's heavy equipment in logistics, construction, and forestry sectors. The press release also includes forward-looking statements, highlighting potential risks and uncertainties affecting future performance.

AmeraMex International (OTCQB:AMMX) announced equipment orders totaling $1.625 million, contributing to year-to-date sales of approximately $22.5 million. The order includes three refurbished Taylor THDC 955 Loaded Container Handlers and equipment for railway maintenance, such as a ballast tamper and a ballast regulator. The orders highlight AmeraMex's role in the heavy equipment sector, catering to logistics, infrastructure construction, and forestry conservation.

AmeraMex International (OTCQB:AMMX) announced equipment orders worth $1,041,000, contributing to a year-to-date sales total of approximately $20.9 million. CEO Lee Hamre expressed optimism for record annual performance despite concerns over the current stock price. The recent orders include various refurbished equipment such as Taylor container handlers and John Deere skid steers. As gatherings resume, the company plans to present at investor conferences to engage with the investment community.

AmeraMex International, Inc. (OTCQB:AMMX) announced equipment orders totaling $2,097,500, contributing to year-to-date sales of approximately $19.8 million. Recent orders include electric MiniZ Skid Steer loaders for a U.S. government facility in Alaska and various equipment for commercial construction companies, such as Kalmar Forklifts and Xtreme Telehandlers. The company continues to focus on zero-emission machinery, promoting environmental sustainability. Forward-looking statements regarding sales and operational performance are highlighted, noting potential uncertainties.

AmeraMex International (OTCQB:AMMX) has reported receiving equipment orders totaling approximately $488,000, contributing to year-to-date sales of $17.7 million. The orders include a 2013 Taylor Loaded Container Handler for a Florida logistics company and a 25,000-pound capacity Taylor Forklift for a Northern California customer, both of which are scheduled to ship by the end of the third quarter.