WEB NEWS Research
Ameramex International Inc (OTC:AMMX) ($0.19 $2.7M market cap), announced it has received $3.3 million in new orders. This marks the third $1+ million order since the start of 2025.
AMMX is a company that sells, leases, and rents new and refurbished heavy equipment across multiple disciplines, primarily in the United States.
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Ameramex International Inc (OTC:AMMX) a company that sells, leases, and rents new and refurbished heavy equipment across multiple disciplines, primarily in the United States, had two recent contract wins we wanted to highlight:
On Jan 11, 2024 the company won a $1.1 million equipment order
On Jan 17, 2024 the company won a $857,000 equipment order
We are starting the year off with a 'bang' and expect to up the pace this year. Today's announcement consists of orders including a Taylor Equipment Forklift with a 36,000-pound lift capacity shipping to a customer in Tennessee; a Taylor Equipment Coil Handler shipping to an international customer; 12 forklifts shipping to a large food warehouse on the West Coast; two UTR trucks shipping to a West Coast customer; and two new First Green Industry's Electric Skid Steer machines. It has been a busy week for the sales team,"
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Ameramex International Inc (OTC:AMMX) ($0.20 $2.9M market cap), a company that sells, leases, and rents new and refurbished heavy equipment across multiple disciplines, primarily in the United States, announced it has received a $2.1 million equipment rental agreement.
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Ameramex International Inc (OTC:AMMX) ($0.28 $4.2M market cap), a company that sells, leases, and rents new and refurbished heavy equipment across multiple disciplines, primarily in the United States, announced , Q1 2023 results:
Sales of $3.2 million vs $5.0 million in the prior year
EPS of $0.01 vs EPS of $0.02 in the prior year
“We are pleased with our first quarter results. Last year was a great first quarter as we experienced a significant increase spurred by pent up demands in the marketplace. Our first quarters are historically our weakest revenue quarters for the year as customers place orders in the fourth quarter to take advantage of capital investment tax write-offs before year end.” “This decrease is due in part to steps taken by the Federal Reserve to lower/contain inflation and the delayed renewal of a U.S. Government contract.”
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Ameramex International Inc (OTC:AMMX) ($0.33 $4.8M market cap) , a company that sells, leases, and rents new and refurbished heavy equipment across multiple disciplines, primarily in the United States, announced it has received a $1.9 million equipment order.
“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.”
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Ameramex International Inc (OTC:AMMX) ($0.52 $7.6M market cap), a company that sells, leases, and rents new and refurbished heavy equipment across multiple disciplines, primarily in the United States. AMMX CEO Lee Harme was interviewed by The Stock Day Media podcast, yesterday we tweeted a link to the audio and encouraged everyone to listen as Lee mentions he sees very strong sales growth for the remainder of the year and touched on how a recession would actually be beneficial to their business in the long term. The interview also touches on the hire of new president Brian Hamre and the company’s ability to handle inflationary pressures.
Below is an exchange worth noting:
Sever Copely, Stock Day Podcast 06:11
That sounds amazing. Now you've had a great 2021. And I've seen your press releases for this year up till now. And I won't give out details yet because I'd like to hear it from you. How is 2022 shaping up for the company?
Lee Hamre, CEO AMMX 06:26
Excellent, I think we’ll beat 2021, last year's totals. And I've got stuff working right now, where I can foresee doubling where we're at right now in the next 90 days. And by the end of the year, maybe half again more.
You can listen to the full interview here .
Research
Ameramex International Inc (OTC:AMMX) ($0.47 $7.0M market cap), a company that sells, leases, and rents new and refurbished heavy equipment across multiple disciplines, primarily in the United States, announced it has received an order for $1.2 million from the U.S. Military, bringing year to date order totals to $13.7 million.
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Ameramex International Inc (OTC:AMMX) ($0.67 $10.0M market cap) , a company that sells, leases, and rents new and refurbished heavy equipment across multiple disciplines, primarily in the United States, announced it has received an order for $1.1 million, bringing year to date order totals to $11.7 million.
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Ameramex International Inc (OTC:AMMX) ($0.80 $11.7M market cap), a company that sells, leases, and rents new and refurbished heavy equipment across multiple disciplines, primarily in the United States, announced a new order for $547,000, bringing year to date sales up to $10.6 million.
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Ameramex International Inc (OTC:AMMX) ($0.75 $10.98M market cap) , a company that sells, leases, and rents new and refurbished heavy equipment across multiple disciplines, primarily in the United States, announced a new order for $770,000, bringing year to date sales up to $10.1 million.
Research
Ameramex International Inc (OTC:AMMX) ($0.75 $10.98M market cap), a company that sells, leases, and rents new and refurbished heavy equipment across multiple disciplines, primarily in the United States, announced a new order for $855,000, bringing year to date sales up to $9.4 million.
You can see our reasons for tracking the stock here . Recall that we just added the stock to our Run to One and Select Long Disclosure Model Portfolios last week.