Welcome to our dedicated page for Ameramex Intl news (Ticker: AMMX), a resource for investors and traders seeking the latest updates and insights on Ameramex Intl stock.
Ameramex International Inc (AMMX) generates news primarily related to equipment sales announcements, rental contracts, and quarterly financial results. The company's news flow reflects the transactional nature of the equipment rental and sales business, with regular updates on equipment orders, shipment notifications, and revenue performance.
Equipment order announcements provide insight into the company's sales pipeline and customer demand patterns. These announcements typically detail the value of equipment orders secured, indicating business activity levels and revenue visibility. For investors tracking an equipment rental business, order announcements serve as leading indicators of future revenue recognition as equipment is delivered and rental agreements commence.
Quarterly earnings reports reveal financial performance across both equipment sales and rental revenue streams. These reports provide transparency into utilization rates, revenue growth, and operational efficiency. The company's financial disclosures help investors understand how effectively the business converts equipment inventory into revenue generation, and how market conditions in construction and industrial sectors affect performance.
News related to electric equipment expansion offers context on the company's strategic positioning within the broader industry transition toward electrification. Announcements in this category indicate how Ameramex International is adapting its product offerings to address changing customer requirements driven by environmental regulations and operational preferences.
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.
AmeraMex International (OTC Pink: AMMX) has announced $600,000 in new equipment orders. The sale includes a refurbished Taylor Equipment Empty Container Handler and two Taylor Equipment 52,000-pound capacity forklifts. The container handler will be shipped to the West Coast in early August, while the forklifts are destined for a Southern California customer by the end of July.
CEO Lee Hamre expressed satisfaction with the orders, emphasizing the company's commitment to providing high-quality, reliable equipment. AmeraMex International specializes in heavy equipment for logistics, infrastructure construction, and forestry conservation, offering sales, leasing, and rental services with over 30 years of industry experience.
AmeraMex International (OTC Pink: AMMX), a supplier of heavy equipment for logistics, infrastructure construction, and forestry conservation, announced orders totaling $1.2 million. These include two refurbished Taylor Equipment Reach Stackers, destined for a customer in Montreal, and a Taylor Equipment T-520 Forklift ordered by a customer in Massachusetts. The T-520 Forklift, with a 52,000-pound lifting capacity, offers features including diesel operation, pneumatic tires, and over 10 feet of lifting capability. The Reach Stackers are versatile, equipped with a telescopic boom and multiple container-handling capabilities.
AmeraMex has over 30 years of experience in the heavy equipment sector, providing sales, leasing, and rental services to various industries such as construction, logistics, mining, and lumber.
AmeraMex International (OTC Pink: AMMX) announced the delivery of its second Taylor Equipment Reach Stacker to the US Military as part of a $7 million, five-year rental agreement. Each stacker, valued at approximately $900,000, is part of an order placed in October 2022. The company has already shipped the first stacker, with the third currently in transit and the remaining three expected within two months. CEO Lee Hamre highlighted the efficiency of rental agreements for steady cash flow and future resale opportunities. The Reach Stackers are versatile machines capable of handling diverse container types with advanced features such as a telescopic boom and ISO container handling attachment.
AmeraMex International, a provider of heavy equipment for logistics, construction, and forestry, announced new orders totaling $355,000. The order includes a refurbished Taylor Equipment Forklift, a Caterpillar D-10-N Crawler Dozer, and two Liu Ging Forklifts. The equipment will be shipped by the end of Q2 2024. The Caterpillar Dozer, with a 520 hp turbocharged engine, is designed for heavy-duty tasks. For more information on their equipment, visit AmeraMex's website or contact their sales team.
AmeraMex International, a provider of heavy equipment, announced a $450,000 equipment order for a refurbished Taylor Reach Stacker, Model XRS-9972. The machine will be shipped to a customer in Eastern Canada by the end of the quarter. The XRS-9972 model is a versatile machine capable of handling diverse containers and features a telescopic boom for high stacking and an ISO container handling attachment.