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AmeraMex International reports developments in heavy equipment sales, leasing and rentals for logistics, construction, mining, lumber and forestry-related customers. The company supplies new and refurbished electric and diesel-powered equipment, including container handlers, forklifts, excavators, rough-terrain forklifts and Magni telehandlers.
Company news commonly covers equipment orders, refurbishment activity, rental fleet updates, customer demand from ports and distribution centers, and grant-supported replacement of older diesel machinery with cleaner equipment. AmeraMex also reports periodic financial results, margin trends, profitability updates and shareholder outlooks tied to its heavy-equipment markets.
AmeraMex International (OTC Pink: AMMX) reported its financial results for the year ended December 31, 2024. Revenue increased to $14.9 million from $13.4 million in 2023. However, gross profit declined to $1.2 million (8% margin) compared to $2.1 million (16% margin) in 2023.
The company recorded a net loss of $1.2 million ($0.08 per share) versus a net loss of $1.4 million ($0.10 per share) in 2023. Total assets were $17.5 million, down from $17.8 million, while total liabilities increased to $15.2 million from $14.4 million year-over-year.
Notable changes include a significant increase in rental equipment net value to $5.4 million from $1.1 million, and a decrease in cash position to $84,929 from $588,128. Interest expenses nearly doubled to $1.2 million from $624,940 in the previous year.
AmeraMex International (OTC Pink: AMMX) has announced two significant equipment transactions. The company successfully shipped two refurbished Taylor Equipment Reach Stackers worth $1.1 million to a Florida customer. Additionally, they secured a new $500,000 order for a CMI-300 mulching machine for a Northern California client.
The CMI-300, manufactured by CMI Mulching Inc., features ultra-low ground pressure technology and is specifically designed for wetland restoration, right-of-way clearing, and agricultural land preparation. This order follows AmeraMex's successful presentation of CMI mulching tractors at the 76th Sierra-Cascade Annual Logging Conference and Construction Expo, where the equipment received significant industry recognition.
AmeraMex International (OTC Pink: AMMX) has announced new business developments including a $325,000 equipment order and the shipment of rental equipment. The company secured an order for a Taylor Equipment 36,000-pound capacity forklift for delivery to a Northern California customer.
Additionally, two Taylor Equipment Reach Stackers, previously announced on February 17, 2025, have been shipped to an Idaho customer. These stackers will generate rental revenue of $240,000 over a six-month rental period.
AmeraMex, with over 30 years of experience in heavy equipment sales and service, provides equipment for logistics companies, infrastructure construction, and forestry conservation sectors.
AmeraMex International (OTC Pink: AMMX) has secured new equipment orders totaling over $1.0 million. The orders include:
- Two Taylor Equipment Reach Stackers for short-term rental to an Idaho customer
- One Taylor Equipment Reach Stacker for a customer in Mexico
- An additional Taylor Equipment Reach Stacker
- A Taylor Equipment Forklift with 65,000-pound lift capacity
The Reach Stackers feature extending booms for container handling, transport, and stacking in storage yards, as well as loading onto trucks and railcars. These machines play a important role in modern logistics and supply chain efficiency.
AmeraMex International (OTC Pink: AMMX) has secured new equipment orders worth $1.4 million, specifically for Taylor Equipment Reach Stackers. These heavy-duty vehicles are designed for handling intermodal cargo containers with extending booms for container transportation and stacking.
The reach stackers are marketed to various industries including ports and harbors, rail yards, logistics and freight operations, and industrial manufacturing. They are utilized for multiple purposes such as container lifting and stacking, loading and unloading operations, and facilitating intermodal transport between different modes of transportation.
AmeraMex International (OTC Pink: AMMX) has secured new equipment orders worth approximately $1.0 million. The orders include four refurbished Taylor Empty Containers for customers in Southern California and the Bay area, one new Taylor 65,000-pound capacity forklift on a five-year rental agreement generating $720,000 in total revenue ($144,000 for 2025) for a Midwest construction company, and one Taylor 22,000-pound capacity forklift for Northern California delivery.
AmeraMex International (OTC Pink: AMMX) reports over $4.0 million in revenue for Q4 2024, with expectations to ship 13 more machines before year-end, making it the best quarter of the year. The company addressed a one-time reserve charge to inventory from Q3, explaining it as a contra-asset account established to account for potential losses in inventory value. CEO Lee Hamre indicates positive outlook for 2025 based on customer feedback following recent elections. The company provides heavy equipment solutions for logistics, infrastructure construction, and forestry conservation sectors.
AmeraMex International (OTC Pink: AMMX) reported financial results for Q3 and nine months ended September 30, 2024. Despite revenue increases of 61% for Q3 and 34% for the nine-month period, the company faced significant challenges. A one-time inventory adjustment of over $3.1 million and rental equipment depreciation issues led to increased Cost of Goods Sold. Q3 revenue was $1.9 million with a net loss of ($1.1 million), while nine-month revenue reached $9.0 million with a net loss of ($478,790). Total assets were $20.1 million, up $2.2 million, while total liabilities increased by $2.8 million to $17.2 million.
AmeraMex International (OTC Pink: AMMX) has secured new equipment orders worth $2.4 million. The orders include a new Taylor Equipment XRS9972 Reach Stacker for a Utah logistics company, two refurbished Taylor Equipment XRS9972 Reach Stackers for a Southern California container yard, two LiuGong Excavators for a West Coast construction company, and a refurbished Taylor Equipment Empty Container Handler for an Oakland customer. CEO Lee Hamre expressed satisfaction with third-quarter revenue growth and anticipates a strong fourth quarter finish and positive outlook for 2025.
AmeraMex International (OTC Pink: AMMX), a provider of heavy equipment for logistics, infrastructure construction, and forestry conservation, has announced a conference call to discuss their third quarter 2024 financial results. The call is scheduled for Monday, November 25, 2024, at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time).
Participants can join using the dial-in number 1.201.689.8560. An audio replay will be available from November 25, 2024, at 5:00 p.m. Eastern Time until December 9, 2024, at 11:59 p.m. Eastern Time, accessible by dialing 1.412.317.6671 with pin number 13750228.