Ameramex Intl Stock Price, News & Analysis

AmeraMex International (OTC Pink: AMMX) has secured new orders worth $585,000. The orders include Taylor Equipment Forklifts for West Coast customers, a Taylor Equipment Empty Container Handler and Spreader Attachment for a Los Angeles-based customer, and an ASV-70 Skid Steer Loader for a Northern California customer. CEO Lee Hamre expressed optimism about Q4 performance and noted that contractors are planning to initiate various projects in spring that were previously delayed due to inflation and interest rates.

AmeraMex International (OTC Pink: AMMX) has completed the installation of six new Taylor Equipment Reach Stackers at a US Military facility, fulfilling a $6.6 million contract announced in June 2024. The six-year agreement will generate approximately $6.6 million in revenue for the company. CEO Lee Hamre stated that at the contract's end, the reach stackers will be resold to new customers.

Additionally, AmeraMex has received new orders totaling $325,000 for two Taylor Equipment forklifts: a 92,000 pound-capacity forklift for a Colorado customer and a 28,000 pound-capacity forklift for a Northern California customer.

The Taylor Equipment Reach Stackers are versatile machines capable of handling various container types, with a telescopic boom allowing for high-stacking capabilities and a 20-40 ISO Container Handling Attachment.

AmeraMex International, Inc. (OTC: AMMX), a provider of heavy equipment, participated in the Timber Processing & Energy Expo held September 25-27 in Portland, Oregon. The expo brought together over 110 exhibitors and 1,200 attendees from 35 states and 15 countries, representing various wood-related industries.

AmeraMex's booth featured the Taylor X-300S Lumber Lift, designed for sawmills with a 30,000-lb lift capacity. CEO Lee Hamre expressed optimism about potential orders, stating, "Based on the interest in the X-300S, I expect we will have our first order later this month." The X-300S retails for approximately $290,000.

The company offers equipment for logistics, construction, and forestry industries, including electric skid steer loaders, excavators, and telescopic handlers. AmeraMex has over 30 years of experience in heavy equipment sales and service.

AmeraMex International (OTC Pink: AMMX) has received orders totaling approximately $960,000. The company is introducing Firstgreen Industries' electric skid steer loaders in California, benefiting from the state's Clean Off-Road Equipment Voucher Incentive Program (CORE). Six additional Firstgreen Industries' electric skid steer loaders were ordered this week.

Firstgreen's electric skid steers offer up to 9 hours of runtime on one battery or 24 hours with battery swapping. The company offers nine models across four lines, including remote-controlled options. Key models include the Elise 700, 900, and 1200, with load capacities ranging from 1,500 to 2,600 pounds.

AmeraMex also sold an ASV Holdings' RT-50, a mid-sized compact track loader. The company provides equipment for logistics, construction, and forestry industries.

AmeraMex International (OTC Pink: AMMX) has received orders totaling $1.1 million for heavy equipment. The orders include a Taylor Equipment loaded container handler modified for steel coils, two LiuGong 36,000-pound capacity forklifts, a Taylor 92,000-Pound Capacity Forklift, and a Firstgreen Industries' Electric Skid Steer Loader. CEO Lee Hamre highlighted California's Clean Off-Road Equipment Voucher Incentive Program (CORE), which provides cash rebates for zero-emission construction machinery, potentially boosting sales of electric equipment. AmeraMex, with over 30 years of experience, serves industries including construction, logistics, mining, and lumber.

AmeraMex International (OTC Pink: AMMX) has secured orders totaling $760,000 for heavy equipment. The orders include a mix of new and refurbished equipment sold to customers in the natural gas, construction, and manufacturing industries. Specific items sold include:

• A Taylor Equipment 6,000-pound capacity forklift
• A Magni Telescopic Handler
• A Taylor Equipment Wheel Loader
• A LiuGong 7,000-pound capacity forklift
• An ASV-70 Skid Steer Loader

CEO Lee Hamre stated that the third and fourth quarters continue to look strong. AmeraMex specializes in selling, leasing, and renting heavy equipment to various industries, including construction, logistics, mining, and lumber.

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.