Ameramex Intl - AMMX STOCK NEWS

AmeraMex International (OTCQB:AMMX) reported year-to-date sales of $14.6 million as of June 11, 2021. The company secured $1.5 million in recent equipment orders, including forklifts and loaded container handlers. These sales cater to various sectors such as logistics and forestry in locations including Alaska and the West Coast. CEO Lee Hamre expressed optimism regarding internal projections and a promising year ahead, citing multiple opportunities in the pipeline.

AmeraMex International (OTCQB:AMMX) announced a new equipment order worth $574,000, contributing to year-to-date sales of approximately $13.1 million. The order includes a 95,000-pound capacity Taylor Forklift and a refurbished rough-terrain forklift, with deliveries expected by the end of the second quarter on June 30, 2021. The equipment will be shipped to a customer in Utah. With over 30 years in the heavy equipment industry, AmeraMex provides products to various sectors, including construction and logistics.

AmeraMex International (OTCQB:AMMX) reported a significant first-quarter financial performance for 2021, with revenue growth of 180% to approximately $4 million, compared to $1.4 million in 2020. Gross profit surged 260% to about $1.2 million, while net profit reached $365,829, a 350% increase from the prior year's loss. The company increased its total assets by $1 million to $13.5 million. However, total liabilities also rose by $597,317. The COVID-19 pandemic continues to impact some international customers due to travel restrictions.

AmeraMex International (OTCQB: AMMX) announced receiving equipment orders totaling $344,000. Year-to-date sales have reached approximately $12.5 million. The orders include four refurbished Taylor Forklifts with varying capacities being shipped to a steel yard in Nebraska, and a refurbished Loaded Taylor Container Handler headed to a logistics company on the West Coast, both scheduled for Q2 shipping.

AmeraMex International (OTCQB:AMMX) reported year-to-date sales exceeding $12.2 million after receiving equipment orders totaling $199,000. The orders include an ASV RT-50 Posi-Track Loader for a logistics customer in Nome, Alaska, scheduled for shipment the week of May 2, and an ASV RT-120 Forestry Posi-Track Loader for fire suppression, expected to ship in the second quarter. The equipment features advanced capabilities, including efficient power systems and superior traction for diverse terrains.

AmeraMex International (OTCQB:AMMX) has announced a $200,000 equipment order that takes its year-to-date sales to over $12.0 million. The order includes a refurbished Taylor THDC-955 loaded container handler, scheduled for delivery to an off-dock container yard by month-end. Off-dock container yards help alleviate port congestion and reduce storage fees by up to 40%.

AmeraMex specializes in the sale, lease, and rental of heavy equipment across various industries, boasting over 30 years of experience.

AmeraMex International, Inc. (OTCQB:AMMX) has announced a significant equipment order worth $260,000, which boosts its year-to-date sales to over $11.8 million. The order includes a Genie^® SX-135 XC™ telescopic boom, recognized for its operational versatility and capacity to lift up to 1,000 lbs. The equipment is scheduled for delivery to a West Coast port terminal by the end of September 2021. AmeraMex operates in various sectors, providing heavy equipment solutions and leveraging over 30 years of industry experience.

AmeraMex International reported approximately $11.5 million in year-to-date sales for 2021, continuing momentum from a strong second half of 2020. For the year ended December 31, 2020, the company reported revenue of $12.3 million, a slight decline from $12.7 million in 2019. Gross profit decreased to $1.8 million, with a margin of 14%. The company faced a net loss of ($582,690), attributed to increased G&A and interest expenses. Total assets rose to $12.5 million, while liabilities increased to $11 million.

AmeraMex International (OTCQB:AMMX) announced a significant $4.6 million equipment order from a large family-owned forest products company, boosting its year-to-date sales to over $11.5 million. The order includes Taylor X-300S Forklifts, with shipments commencing on June 1, 2021 and completion by September 1, 2021. CEO Lee Hamre will discuss the company’s financial performance during a conference call scheduled for April 16, 2021.