Thursday, April 27, 2017 3:12:19 PM
IF WE DO $3 MILLION IN REVENUES WILL BE A BLESSING.IF WE MAKE MONEY IN Q1 WILL BE A BLESSING.I SEE US DOING $2,5 MILLION IN REVENUES FOR Q1,AND A LOSS OF ABOUT $125,000.IMO.
AmeraMex International Reports Revenue of $3.2 Million with Net Income of
$1.2 Million for the First Quarter of 2016
CHICO, CA – May 16, 2016 – AmeraMex International, Inc. (OTC:AMMX), a provider of heavy
equipment for logistics companies (stevedoring/shipping), infrastructure construction, logging
and mining companies, today reported financial results for its first quarter ended March 31, 2016.
Highlights for the First Quarter Ended March 31, 2016
? Revenue for the first quarter was approximately $3.2 million versus revenue of $.936 for the
comparable quarter.
? Gross profit for the first quarter was approximately $2.7 million—a significant increase when
compared to gross profit of $.549 million for the quarter ended March 31, 2015.
? Gross profit margin, as a percentage of revenue, was 83 percent, versus a gross profit margin of 59
percent for the comparable 2015 quarter.
? The company net profit for the quarter of $1.2 million (after taxes) compared to net profit of $.020
million for the first quarter ended March 31, 2015.
? First quarter balance sheet continues to improve when compared to the 2015 year-end balance
sheet.
? AmeraMex International received $3.7 million in sales and rental contracts during the first quarter
and to date in the second quarter, the company has reported approximately $1.8 million in sales.
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