Ameramex Intl Stock Price, News & Analysis

AmeraMex International (OTCQB:AMMX) has announced a third-quarter conference call scheduled for November 15, 2021, at 9:00 a.m. Pacific Time. CEO Lee Hamre will lead the call, discussing financial results and company updates. Interested participants should dial 1.412.317.6026, five minutes prior to the start time. An audio replay will be available from November 15 at 3:00 p.m. Eastern Time until November 29, 2021, using the same dial-in number with pin 1016190. AmeraMex specializes in heavy equipment for construction, logistics, mining, and forestry industries.

AmeraMex International (OTCQB:AMMX) announced a new equipment order worth $1,005,000, contributing to a year-to-date sales total of $25 million. The company's revenue has surged from $8.7 million in 2017 to an estimated $23 million in 2021, marking a 25.5% CAGR. However, increased operational costs have pressured gross profit margins. AmeraMex aims to adjust pricing in 2022 to restore margins to the 25-30% range. The recent order consists of Taylor XEC 207/8 Empty Container Handlers, scheduled for delivery to a Southern California logistics firm by year-end.

AmeraMex International (OTCQB:AMMX) has reported equipment orders totaling $1.47 million, contributing to year-to-date sales of approximately $24 million. The latest orders include various container handlers, with shipments planned to locations in Southern California and Mexico. These developments reflect a steady demand for the company's heavy equipment in logistics, construction, and forestry sectors. The press release also includes forward-looking statements, highlighting potential risks and uncertainties affecting future performance.

AmeraMex International (OTCQB:AMMX) announced equipment orders totaling $1.625 million, contributing to year-to-date sales of approximately $22.5 million. The order includes three refurbished Taylor THDC 955 Loaded Container Handlers and equipment for railway maintenance, such as a ballast tamper and a ballast regulator. The orders highlight AmeraMex's role in the heavy equipment sector, catering to logistics, infrastructure construction, and forestry conservation.

AmeraMex International (OTCQB:AMMX) announced equipment orders worth $1,041,000, contributing to a year-to-date sales total of approximately $20.9 million. CEO Lee Hamre expressed optimism for record annual performance despite concerns over the current stock price. The recent orders include various refurbished equipment such as Taylor container handlers and John Deere skid steers. As gatherings resume, the company plans to present at investor conferences to engage with the investment community.

AmeraMex International, Inc. (OTCQB:AMMX) announced equipment orders totaling $2,097,500, contributing to year-to-date sales of approximately $19.8 million. Recent orders include electric MiniZ Skid Steer loaders for a U.S. government facility in Alaska and various equipment for commercial construction companies, such as Kalmar Forklifts and Xtreme Telehandlers. The company continues to focus on zero-emission machinery, promoting environmental sustainability. Forward-looking statements regarding sales and operational performance are highlighted, noting potential uncertainties.

AmeraMex International (OTCQB:AMMX) has reported receiving equipment orders totaling approximately $488,000, contributing to year-to-date sales of $17.7 million. The orders include a 2013 Taylor Loaded Container Handler for a Florida logistics company and a 25,000-pound capacity Taylor Forklift for a Northern California customer, both of which are scheduled to ship by the end of the third quarter.

AmeraMex International (OTCQB:AMMX) announced new equipment orders worth $960,000, contributing to its year-to-date sales of approximately $17.2 million. The orders include various equipment like container handlers and loaders, destined for locations in Georgia, Texas, and California. The company notes that revenue from these orders will only be recognized once the equipment is shipped, expected to complete by the end of the quarter. Investors are advised to evaluate forward-looking statements carefully due to inherent risks and uncertainties in the business.

AmeraMex International, Inc. (OTCQB:AMMX) reported substantial revenue growth for the second quarter and six-month period ending June 30, 2021. The company achieved $6.3 million in revenue for Q2 2021, a significant increase from $1.8 million in Q2 2020. Year-to-date revenue reached $10.3 million, representing a 222% increase compared to $3.2 million in the previous year. Gross profit for the six-month period was $2.1 million, up from $874,000 in 2020. Net income for Q2 was $78,000, contrasting with a net loss of $(440,000) in Q2 2020.