AmeraMex International Announces Financial Results for the Second Quarter and Six-Month Period Ending June 30, 2025

Rhea-AI Summary

AmeraMex International (OTC Pink: AMMX), a heavy equipment provider, reported challenging Q2 2025 results with significant year-over-year declines. Revenue dropped to $1.4 million from $3.8 million in Q2 2024, while net income decreased to $371,850 from $1.0 million.

For the six-month period ending June 30, 2025, revenue fell to $6.0 million from $7.1 million, with net income declining to $341,150 from $587,989. The company attributed the slowdown to customers delaying projects and preferring equipment rentals due to anticipated tariff increases.

Despite current challenges, CEO Lee Hamre expressed optimism about rebounding market activity and anticipated announcing several significant orders in the coming weeks.

Positive

• Current assets increased by $1.7 million to $11.2 million
• Total liabilities reduced by $1.2 million
• Rental and lease revenue increased to $839,249 from $480,973 in Q2
• Gross margin in Q2 remained solid at 47%

Negative

• Q2 revenue declined 63% year-over-year to $1.4 million
• Net income dropped 64% to $371,850 in Q2
• Six-month gross margin decreased to 23% from 34%
• Cash position decreased to $124,059 from $226,760

Chico, California--(Newsfile Corp. - September 30, 2025) - AmeraMex International, Inc. (OTC Pink: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction, and forestry conservation, reported financial results for its second quarter and six-month period ended June 30, 2025.

AmeraMex Reports Second Quarter 2025 Results and Market Outlook

AmeraMex International CEO Lee Hamre shared candid insights on the company's recent performance:

"We entered 2025 with strong momentum and a solid first quarter. However, the second quarter fell short of expectations. Many customers-along with broader segments of our target markets-chose to delay projects or opt for equipment rentals in anticipation of steep tariff increases. This shift impacted demand for our sales inventory, which includes equipment requiring internationally sourced components and our popular battery-powered equipment manufactured outside the U.S."

Hamre added an optimistic note:

"We are encouraged as activity across our core markets is rebounding quickly. We anticipate announcing several significant orders in the next several weeks and expect this renewed momentum to carry through the remainder of the year."

Second Quarter Financial Highlights, Ended June 30, 2025, Vs Second Quarter Ended June 30, 2024

• Revenue: $1.4 million, down from $3.8 million
• Gross Profit: $651,027 versus $2.6 million
• Gross Margin: 47 percent, compared to 68 percent
• Operating Profit: $344,488, down from $2.0 million
• Net Income: $371,850 versus $1.0 million
• Earnings Per Share: $0.02, compared to $0.07

Six-Month Financial Summary, Ended June 30, 2025, Vs Six-Month Period Ended June 30, 2024

• Revenue: $6.0 million, down from $7.1 million
• Gross Profit: $1.3 million versus $2.4 million
• Gross Margin: 23 percent compared to 34 percent
• Operating Profit: $600,697 versus $1.5 million
• Net Income: $341,150, down from $587,989
• Earnings Per Share: $0.02, compared to $0.04

Balance Sheet Highlights

• Current Assets: Increased by $1.7 million to approximately $11.2 million
• Total Assets: Decreased by $800,000
• Current Liabilities: Reduced by $1.6 million
• Total Liabilities: Down $1.2 million, aided by reductions in Notes Payable

AmeraMex International
AmeraMex International sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company has over 30 years of experience in heavy equipment sales and service. Follow AmeraMex on Twitter @ammx_intl and visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com for additional information and equipment videos.

Forward-Looking Statement
Statements made in this news release that are not historical, or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified using terms such as "may," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and key factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.

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

Tables Follow

AMERAMEX INTERNATIONAL, INC.
UNAUDITED STATEMENTS OF OPERATIONS
				THREE MONTHS ENDED JUNE 30,						SIX MONTHS ENDED JUNE 30,
				2025			2024			2025			2024
REVENUES
Sales of Equipment and Other Revenues			$	532,171		$	3,302,873			4,340,379		$	6,120,450
Rentals and Leases				839,249			480,973			1,609,796			943,145
Total Sales				1,371,420			3,783,846			5,950,175			7,063,595
COST OF SALES
Sales of Equipment and Other Revenues				396,399			918,109			3,817,596			4,155,410
Rentals and Leases				323,994			290,736			822,309			481,452
Total Cost of Sales				720,393			1,208,845			4,639,905			4,636,862
GROSS PROFIT				651,027			2,575,001			1,310,270			2,426,733
OPERATING EXPENSES
Selling Expense				138,665			274,865			296,338			404,507
General and Administrative				167,874			285,944			413,235			554,787
Total Operating Expenses				306,539			560,809			709,573			959,294
Profit (loss) From Operations				344,488			2,014,192			600,697			1,467,439
OTHER INCOME (EXPENSE)
Interest Expense, net				141,172			(532,351	)		(487,859	)		(699,539	)
Gain (Loss) on Sell of Asset				(16,000	)					108,848
Loss from Early Extinguishment of Debt				-			-			-			-
Other Income (Expense)				62,198			8,599			262,215			107,972
Total Other Income (Expense)				187,370			(523,752	)		(116,796	)		(591,567	)
INCOME BEFORE PROVISION for INCOME TAXES				531,858			1,490,440			483,901			875,872
PROVISION (BENEFIT) for INCOME TAXES				160,008			466,108			142,751			287,883
NET INCOME (LOSS)			$	371,850		$	1,024,332		$	341,150		$	587,989
Weighted Average Shares Outstanding:
Basic				15,112,988			14,112,988			15,112,988			14,112,988
Diluted				15,112,988			14,112,988			15,112,988			14,112,099
Earnings (loss) per Share
Basic			$	0.02		$	0.07		$	0.02		$	0.04
Diluted			$	0.02		$	0.07		$	0.02		$	0.04

 

AMERAMEX INTERNATIONAL, INC.
UNAUDITED BALANCE SHEETS
			JUNE 30, 2025			DECEMBER 31, 2024
ASSETS
Current Assets:
Cash		$	124,059		$	226,760
Accounts Receivable, Net			932,018			2,764,874
Inventory, Net			9,939,827			6,140,164
Other Current Assets			198,920			326,570
Total Current Assets			11,194,824			9,458,368
Non-Current Assets:
Property and Equipment, Net			467,118			1,339,248
Rental Equipment, Net			4,489,906			6,071,559
Lease Right of Use Assett - Operating			563,008			454,867
Lease Right of Use Assett - Financing			534,718			872,437
Deferred Tax Asset			243,640			-
Other Assets			108,971			215,643
Total Other Assets			6,407,361			8,953,754
TOTAL ASSETS		$	17,602,185		$	18,412,122
LIABILITIES & STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts Payable		$	2,180,047		$	1,851,620
Accrued Expenses			51,585			616,295
Deferred Revenue			1,468,158			1,690,905
Joint Venture Liability			-			105,000
Lines of Credit			3,153,784			4,732,151
Notes Payable, Current Portion			1,798,671			1,022,778
Operating Lease Liability - Related Party			129,081			131,441
Financing Lease Liability			534,718			703,344
Total Current Liabilities			9,316,044			10,853,534
Long-Term Liabilities
Deferred Tax Liabilities, Net			779,186			-
Notes Payable, Net of Current Portion			4,189,048			4,692,182
Operating Lease Liability, Net of Current Portion - Related Party			433,927			323,426
Total Long-Term Liabilities			5,402,161			5,015,608
TOTAL LIABILITIES			14,718,205			15,869,142
Commitments and Contingencies (Note 11)			-			-
STOCKHOLDERS' EQUITY:
Shareholders' Equity
Preferred Stock, $0.001 par value, 5,000,000 shares authorized, no			-			-
shares issued and outstanding
Common Stock, $0.001 par value, 1,000,000,000 shares authorized			14,829			14,829
15,112,988 at June 30, 2025
14,112,988 at December 31, 2024
Additional Paid-In Capital			21,671,534			21,671,534
Accumulated Deficit			(18,802,383	)		(19,143,383	)
Total Stockholders' Equity			2,883,980			2,542,980
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY		$	17,602,185		$	18,412,122
			-			-

 

AMERAMEX INTERNATIONAL, INC.
UNAUDITED STATEMENTS OF CASH FLOW
			SIX MONTHS ENDED JUNE 30,
			2025			2024
OPERATING ACTIVITIES:
Net Income			341,150			587,989
Adjustments to reconcile Net Loss to
Net Cash provided (used) by Operations Activities:
Depreciation and Amortization			357,951			668,108
Provision (Benefit) for Deferred Income Taxes			647,745			950,450
Loss on Early Extinguishment of Debt			-			-
Amortization and Accretion of Interest			42,702			42,702
Change in Assets and Liabilities:
Accounts Receivable			1,832,856			(690,708	)
Inventory			(2,218,160	)		(4,606,525	)
Other Current Assets			340,549			333,208
Accounts Payable			328,427			(306,840	)
Deferred Revenue			(222,747	)		(222,747	)
Accrued Expenses			(564,710	)		(200,685	)
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES			885,763			(3,445,048	)
INVESTING ACTIVITIES:
Payments for Property & Equipment			1,016,342			642,568
Proceeds (Payments) for Rental Equipment			(509,315	)		(481,432	)
NET CASH USED BY INVESTING ACTIVITIES			507,027			161,136
FINANCING ACTIVITIES:
Proceeds from Notes Payable			1,398,025			4,407,398
Payments on Notes Payable			(1,315,149	)		(657,033	)
Payment on Note Payable - Related Party			-			-
Joint Venture Liability			-			(130,333	)
Net Borrowing (Repayments) Under Lines of Credit			(1,578,367	)		(801,441	)
NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES			(1,495,491	)		2,818,591
NET INCREASE (DECREASE) IN CASH & CASH EQUIVALENTS			(102,701	)		(465,321	)
Cash and Cash Equivalents, BEGINNING OF PERIOD			226,760			588,128
Cash and Cash Equivalents, END OF PERIOD			124,059			122,807
CASH PAID FOR:
Interest			481,429			679,918
Income Taxes			800			800

  

AMERAMEX INTERNATIONAL, INC.
UNAUDITED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)
FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2024
																Total
										Additional						Stockholders'
				Common Stock						Paid-in			Accumulated			Equity/
Balance				Shares			Amount			Capital			Deficit			(Deficit)
December 31, 2023				14,829,155		$	14,829		$	21,671,534		$	(18,286,649	)	$	3,399,714
Net Income				0			0			0			587,989			587,989
June 30, 2024				14,112,988		$	14,113		$	21,671,534		$	(17,698,660	)	$	3,987,703
December 31, 2024				14,112,988		$	14,113		$	21,671,534		$	(19,143,533	)	$	2,542,830
Net Income				-			-			-			341,150			341,150
June 30, 2025				15,112,988		$	15,112		$	21,671,534		$	(18,802,383	)	$	2,883,980
				15,112,988			15,113			21,671,534			(18,802,383	)		2,883,980

 

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FAQ

What were AMMX's Q2 2025 earnings results?

AmeraMex reported Q2 2025 revenue of $1.4 million, down from $3.8 million in Q2 2024, with net income of $371,850 and EPS of $0.02.

Why did AmeraMex International's revenue decline in Q2 2025?

The decline was due to customers delaying projects and opting for equipment rentals in anticipation of steep tariff increases, particularly affecting sales of internationally sourced components and battery-powered equipment.

What is AMMX's current financial position as of June 30, 2025?

AmeraMex had total current assets of $11.2 million, total assets of $17.6 million, and reduced their total liabilities to $14.7 million.

What is the outlook for AmeraMex International in 2025?

Management expects renewed momentum through the remainder of the year, with several significant orders anticipated to be announced in the coming weeks.

How did AMMX's rental business perform in Q2 2025?

The rental and lease revenue increased to $839,249 from $480,973 in Q2 2024, showing growth in this segment despite overall revenue decline.