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AMMX Receives $800,000 Equipment Orders
Apr 1, 2023
FOR IMMEDIATE RELEASE
AmeraMex International
Receives Equipment Orders
Totaling $800,000
CHICO, CA April 3, 2023 – AmeraMex International, Inc. (OTCQB:
AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received equipment orders
totaling $800,000.
The orders included the following equipment:
One Taylor TECSP-155H Empty Container Handler.
The Taylor TECSP-155H is an empty container handler designed
to handle 8.5-foot containers stacked six-high and 9.5-foot containers stacked five high. The truck features a Heavy Duty
Taylor designed side-pick spreader, 105-inch wheelbase, 173 HP Tier 4 diesel engine, and end-user diagnostics that allows customers to customize operations.
The TEC-155H has a capacity of 15,000 pounds.
Two Magni 5.24 Telehandlers. The TH 5.24 is a fixed telescopic handler especially
suitable for demanding work sites. It can safely reach a height of 78 feet on
rough terrain thanks to its 4-wheel drive and the automatic levelling system,
which acts on both the wheels and stabilizers. The Telehandler is compatible
with a wide range of attachments.
For more information and pricing of equipment for the logistics, construction,
and forestry industries, or to book a
demonstration of the First Green Company’s Electric’s 100 percent electric skid
steer loaders, ASV Posti-Tract and Skid Steer Loaders, Menzi Muck Excavators or a Magni Telescopic
Handler, contact the AmeraMex/Hamre Equipment sales team at 530.895.8955
Try doing a Google Earth search of ammx's address. Let me know what you think.
Conference Call
AmeraMex International, Inc. CEO Lee Hamre is hosting the Company’s year-end 2023 financial conference call on Tuesday, April 4 at 8:30 a.m. Pacific Time, 11:30 a.m. Eastern Time. The conference call dial-in number for both U.S. and international callers is 1.201.689.8560. Please dial into the conference center five minutes before the call begins and ask the operator for the AmeraMex conference call. An audio replay of the call will be available from April 4, at 2:30 p.m. Eastern Time until April 18, 2023 at 11:59 p.m. Eastern Time. The replay is accessible by dialing 1.412.317.6671 and entering pin number 13734981.
$19.2 Million for the Year End
AmeraMex International Reports Revenue of $19.2 Million for the Year Ended December 31, 2022
For Immediate Release
AmeraMex International Reports Revenue of $19.2 Million for the Year Ended December 31, 2022
Shareholder Conference Call, April 4, 2023, at 8:30 a.m. Pacific Time
CHICO, CA –March 31, 2023 – AmeraMex International, Inc. (OTC:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction, and forestry conservation, reported financial results for its year ended December 31, 2022 and announced a shareholder conference call to be held April 4, 2023.
AmeraMex CEO Lee Hamre commented, “Last year was another good year for AmeraMex with revenues over $19 million. When comparing 2022 revenue to that of 2021, one must remember that 2021 saw a substantial jump in revenue due to pent-up demand for equipment following the COVID pandemic. I am pleased with the year and expect 2023 to be an exceptional year.”
Statement of Operations for the Year Ended December 31, 2022
The company reported revenue of approximately $19.2 million, a 22 percent decrease when compared to revenue of approximately $24.7 million for the year ended December 31, 2021. During 2022, the Company lost $1.5 million in revenue with the expiration of a large rental agreement. A new agreement has been signed for 2023, which extends through 2026.
Gross profit for the year was $4.5 million, a decrease of 10 percent when compared to gross profit of $5.0 million for the 2021 year-end.
Gross profit as a percentage of revenue, was 23 percent for the year compared to gross profit, as a percentage of revenue, of 20 percent for the 2021 year-end, a three percent increase.
Net profit from operations was $1.8 million for the year, a 44 percent decrease when compared to net profit from operations of $3.2 million for the comparable 2021 year-end. This was due in part to an increase of over $800,000 in operating costs due to rising inflation and additional personnel. These costs include increases in rent, utilities, gasoline, all insurances and salaries, added costs for sales and marketing in addition to public company costs of over $250,000 for legal and auditing expenses.
Net income for the year was $871,060 compared to net income of $1.6 million for the comparable 2021 year-end. Earnings per share were $0.06 compared to earnings per share of $0.11.
Balance Sheet for the Year Ended December 31, 2020
Total Assets increased $2.3 million for the year while total liabilities for the year increased $1.8 million.
Conference Call
AmeraMex International, Inc. CEO Lee Hamre is hosting the Company’s year-end 2023 financial conference call on Tuesday, April 4 at 8:30 a.m. Pacific Time, 11:30 a.m. Eastern Time. The conference call dial-in number for both U.S. and international callers is 1.201.689.8560. Please dial into the conference center five minutes before the call begins and ask the operator for the AmeraMex conference call. An audio replay of the call will be available from April 4, at 2:30 p.m. Eastern Time until April 18, 2023 at 11:59 p.m. Eastern Time. The replay is accessible by dialing 1.412.317.6671 and entering pin number 13734981.
No word on year end financials. Total silence from ammx, are the financials going to be delayed, how long?
Have not seen an announcement for a CC. Maybe Lee is on vacation
Can't expect any big movement on ammx without more consistent sales along with AMMX being more forthcoming with the going ons of the company. Heck, I don't think we've heard any news since Lee claimed it was expected ammx would have another banner year, however no mention of what quarters sales were expected to fall in.
Unfortunately, the structure of ammx doesn't lend itself to shareholder accountability.
AMMX Receives Equipment Orders Totaling $1,240,000
FOR IMMEDIATE RELEASE
AmeraMex International Receives Equipment Orders
Totaling $1,240,000
CHICO, CA March 21, 2023 – AmeraMex International, Inc. (OTCQB: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received equipment orders totaling $1,240,000.
The equipment orders included the following equipment:
One Taylor Equipment XH-650L Forklift has a lift capacity of 65,000-pounds.
One XH-350L Taylor Equipment Forklift with a lift capacity of 36,000 pounds.
Taylor Forklifts, which are capable of handling long duty cycles, are engineered to meet the needs of the following industries: Steel, Aluminum, Wood, Lumber, Concrete, Precast, Breakbulk, Intermodal, Ports, Rail and Stevedoring. The Forklifts are shipping to a large industrial company.
One Magni 5.24 Telehandler. The TH 5.24 is a fixed telescopic handler especially suitable for demanding working sites. It can safely reach a height of 78 ft on rough terrain thanks to its 4-wheel drive and the automatic levelling system, which acts on both the wheels and stabilizers. The Telehandler is compatible with a wide range of attachments.
AMMX announces orders totalling 800K.
AmeraMex International Receives Equipment Orders
Totaling $800,000
CHICO, CA March 14, 2023 – AmeraMex International, Inc. (OTCQB: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received equipment orders totaling $800,000
The equipment orders included the following equipment:
One new Taylor Equipment Forklift capable of handling long duty cycles and has a lift capacity of 30,000-pounds. Taylor Forklifts are engineered to meet the needs of the following industries: Steel, Aluminum, Wood, Lumber, Concrete, Precast, Breakbulk, Intermodal, Ports, Rail and Stevedoring.
One used Taylor Equipment Forklift with a lift capacity of 85,000 pounds purchased by
a mining company.
Six road trucks purchased by long-haul trucking companies located on the West Coast.
For more information and pricing of equipment for the logistics, construction, and forestry industries, or to book a demonstration of the First Green Company’s Electric’s 100 percent electric skid steer loaders, ASV Posti-Tract and Skid Steer Loaders, Menzi Muck Excavators or a Magni Telescopic Handler, contact the AmeraMex/Hamre Equipment sales team at 530.895.8955.
Where are the sellers?
With no sales and no news in 6 + weeks you can count on buyers lying low.
Whoa, WTF just happened?
Nothing since 1/15/23.
I noticed inventory on the AMMX site has dropped a few units, but doesn't mean sales, could be anything
If they've been holding since the split they're only getting .0084 on a pre split basis.
Unbelievable to be selling at the moment, someone must need some grocery money.
Who said $AMMX is a trajectory for a record year?
Two months into the year and a single order of less than 1 mil.
Ammx where's the beef?
It would make sense if they are buying shares, we're at about 67% off the reverse split price, what makes it even worse the company kept the original quantity of authorized shares, seems like that was just a theft from shareholders of potential value of the company.
What's going on with AMMX, no sales in over 5 weeks, no news. Do they still have the lights on?
If they don't want to send on news letters try using Twitter, Facebook, Instagram would be good forums to disseminate information that lets the world know if they're still active. Keep it fresh
Do it they have a real pr person that can do their job.
I noticed the Hamre inventory list of decrease by 2 items over the in last couple of weeks. Previously 31 items today 29 items.
Since Ammx hasn't announced any sale since 1/15 these 2 units may have fulfilled an existing order.
Geeze, A single sale since early Dec '22 doesn't inspire confidence "Lee noted that the sales team is gearing up to break last year’s sales records." If Lee can anticipate where sales will end up 12 months out surely he fan forecast with even better certainty how sales will shape up for Q1, Q2 and Q3. Without some metrics on future performance with a means to identify progress why should there be any expectation of achieving an aggressive upward movement in the PPS.
A look at ammx's site today shows they now have 31 items listed which includes used equipment. Keep it up ammx.
Somebody needs to put a bug in their ear to use social media sites to bring more attention and hopefully get more eyes on products offered.
https://www.hamreequipment.com/inventory/?/listings/for-sale/equipment/all?accountcrmid=12510&settingsCRMID=12510dlr=1
Looks nice, hopefully it's a work in progress, gotta say just 6 items make it look a bit weak.
A section devoted to in-stock used equipment one would think would be of great importance as the margins a much higher.
I would hope this is only the start of a site upgrade and they have someone that will keep it fresh an updated.
Wish they let us know what the traffic is on these new pages is.
How many weeks of nothing, no news, no sales will it take to drop the pps to .30?
Not only do they (ammx) not provide any information of any real value. They intentionally f---'d shareholders when they failed to reduce the authorized shares by the same 50 to 1 as the reverse split.
Who tf would want to invest into this chaos.
Is this going to be another week with no news, no sales and extremely limited market activity?
Didn't the last order arrive around 12/22? Also AMMX has been quiet about new business, not like last year.
I would think that the "new" Pres would have by now issued some public statement unless he was just given a paycheck and no responsibilities. Just what has he accomplished in the last six months that has made improvements in company growth?
Are the lights on at AMMX?
I would think ammx would embrace a massive reduction of its authorized shares which as I see it would send a signal to potential investors ammx has no intention to dilute any potential future organic gain.
Thanks, hopefully Marty will make a strong, urgent presentation.
Should AMMX pps reach the level you have suggested do you suppose AMMX might sell some number of the 1 billion authorized shares into the market and what would that do to any pps gain.
I would hope AMMX will reduce their authorized shares to at least match the be reverse split.
I too wish AMMX would revisit reducing the O/S.
What investor wants to risk a significant investment while the company is in a position to flood the market with shares. To me it seems less than 100 m share OS would be a reasonable number.
A/S should have been reduced when the reverse split took effect.
I don't find it. Do you have a link?
Please correct if wrong.
If he originally had approx 1.4 mil which repersented 9%, he might have 700k plus shares left leaving less than 5% and not meeting the reporting requirement.
If correct there may be an incentive to hold further sales til '23 tax year or later.
Question on the 1.4 million shares. There may still be a significant number of shares being held by that seller which due to limitations of reporting requirements no longer must be reported.
It might help if the company were able to generate more frequent sales. I imagine the cost of money may be putting off some buyers.
I'd expect Don Hunter is and has done
nothing and is therefore unable to provide any information. This guy is a shadow of Marco.
This is incredible, ammx installed a new Pres. (Brian) who received glowing accolades from Lee Hamre yet since July '22 we've only heard from Lee, nothing from Brian is there a problem.
I must be confused I thought part of a corporate Pres' position is promoting the corporate brand which would include the investing community.
How does one accomplish this by being silent?
AMMX 1.9 M Orders received 10/3
AmeraMex International Receives Equipment Orders Totaling $1.9 Million
Oct 3, 2022
CHICO, CA October 3, 2022 – AmeraMex International, Inc. (OTCQB: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received equipment orders totaling $1.9 million
CEO Lee Hamre commented, “We are just finishing our third quarter and as mentioned in our Second Quarter Financial Release, we had a $3 million backlog of equipment to ship this quarter in addition to our third quarter sales. Our supply chain problems and transportation issues are improving, and our team of mechanics and drivers have been working overtime to move out as much equipment as possible.
“The equipment we refurbish is exceptionally large and after it is refurbished, it is broken down into multiple pieces and trucked to the customer. Once the equipment has arrived, a mechanic is flown in to have the equipment reassembled. We have a hardworking team and expect another great year for the Company.”
The following equipment was shipped to customers throughout the West Coast, Midwest and the East Coast:
Two Taylor XRS 9972 Reach Stackers – one shipping to a container yard and a second shipping to an agriculture services company.
One Taylor 950L Loaded Container Handler shipping to a transportation and logistics solution provider.
One Konecrane Empty Container Handler shipping to a container terminal.
One Harlo HP6500 Forklift shipping to an agricultural products company; a Hangcha FB35Li Electric Forklift with a 7,500-pound capacity shipping to a car dealership; a Hyster H50FT Forklift shipping to a transportation company; a Caterpillar D8T Crawler Tractor to a paper products company; and a Peterbilt 337 truck to a landfill company.
For more information and pricing of equipment for the logistics, construction, and forestry industries, or to book a demonstration of the First Green Company’s Electric’s 100 percent electric skid steer loaders, ASV Posti-Tract and Skid Steer Loaders, Menzi Muck Excavators or a Magni Telescopic Handler, contact the AmeraMex/Hamre Equipment sales team at 530.895.8955.
AmeraMex International
AmeraMex International sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company has over 30 years of experience in heavy equipment sales and service. Follow AmeraMex on Twitter @ammx_intl and visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com for additional information and equipment videos.
Forward-Looking Statements
This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as “believe,” “expect,” “anticipate,” “plan,” “potential,” “continue” or similar expressions. Such forward-looking statements include risks and uncertainties, and there are key factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Investors are encouraged to review the Company’s filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company’s control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if added information becomes available in the future.
Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com
RECENT NEWS
AmeraMex International Receives Equipment Orders Totaling $1.9 Million
Aug 22, 2022
AmeraMex International Reports Corrected Financial Information for Its Second Quarter Ended June 30, 2022
Aug 17, 2022
CORRECTED FINANCIALS AmeraMex International Reports Financials for Its Second Quarter Ended June 30, 2022 Correction to the Statement of Operations for the Six-Month Period
Aug 15, 2022
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ABOUT AMMX
AmeraMex International, Inc. was incorporated on May 29, 1990 in Nevada and began trading on the OCTQB July 2019. The Company is a provider of new and refurbished heavy equipment to logistics companies, infrastructure construction, logging companies, US Military, and forestry conservation organizations—both nationally and internationally.
AmeraMex International
3930 Esplanade
Chico, CA 95973
Tel: 530.895.8955
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That's not a bad idea, just make it an all or nothing order.
That's not a bad idea, just make it an all or nothing order.
Where did all the Q3 sales go? This had been expected to be a great quarter, what happened?
If ammx we're being transparent I wouldn't be asking this question.