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 (AMMX) delivers heavy equipment solutions to construction, logistics, mining, and forestry sectors through sales, leasing, and rentals. This news hub provides investors and industry professionals with verified updates directly from the company.
Access all official press releases, earnings reports, and strategic announcements in one location. Track developments including equipment innovations, partnership agreements, and market expansion initiatives that shape AMMX's role in infrastructure and industrial growth.
Content is curated to support informed analysis of the company's performance and industry positioning. Regular updates ensure timely awareness of operational milestones and leadership decisions impacting the heavy equipment sector.
Bookmark this page to monitor AMMX's progress across its core markets. Combine historical context with current developments to assess the company's 30+ year legacy in equipment solutions.
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.
AmeraMex International (OTC Pink: AMMX) reported a revenue of $3.3 million for Q1 2024, marking a 3% year-over-year increase from $3.2 million in Q1 2023.
However, gross profit declined significantly to -$148,268 from $818,308 in the previous year.
The company also reported a net loss of $436,343, compared to a net income of $101,103 in Q1 2023.
Loss per share was $-0.01, down from earnings per share of $0.01 last year.
Total assets decreased slightly to $18.5 million from $18.6 million at the end of 2023, while total liabilities increased to $14.9 million from $14.6 million.
Cash and cash equivalents fell to $163,507 from $588,128 at the end of 2023.
AmeraMex International (OTC Pink: AMMX), a heavy equipment provider, secured equipment orders worth $600,000. The orders include a refurbished Taylor Loaded Container Handler, two new LiuGong 5,000-pound capacity Forklifts, a refurbished Taylor TE520 Forklift, a refurbished Hyster H450 Empty Container Handler, a refurbished Hyster H400 Empty Container Handler, and a refurbished Taylor TE360 Forklift. The equipment is expected to ship by the end of Q2.
Additionally, AmeraMex is delivering the first of six reach stackers valued at $900,000 each to the US government this week. The company specializes in logistics, infrastructure construction, and forestry conservation.
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