AMMX
AmeraMex International, Inc.0.1320
+0.0000+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
1.99MP/E (TTM)
1.89Basic EPS (TTM)
0.07Dividend Yield
0%Recent Filings
10-Q
Q3 FY2022 results
AmeraMex International posted solid Q3 results, with revenues dipping 9% y/y to $7.5M yet gross profit surging 210% to $2.5M on lower costs from selling older inventory, driving operating income up 396% y/y to $1.7M and diluted EPS to $0.05 from $0.01. For the nine months ended September 30, 2022, revenues fell 20% y/y to $14.8M while net income climbed 171% to $1.4M, reflecting sharper margins despite shipping delays and a 55% drop in rentals after a government contract ended. Cash stood at $359K with $6.9M working capital, lines of credit totaling $1.4M outstanding against $2.4M available, and total debt at $4.7M secured by equipment; free cash flow not disclosed in the 10-Q. No M&A or impairments noted. COVID-19 lingers as a drag on supply chains.
10-Q
Q2 FY2022 results
AmeraMex International posted Q2 revenue of $2.4M, down 62% y/y but rebounding 62% q/q (derived) from a sluggish Q1, as shipping delays eased for equipment sales that dominate 85% of topline. Gross profit held at $421K with margins steady near 18%, while operating expenses dipped 10% y/y to $463K, flipping to a slim operating loss of $43K versus $456K profit last year—yet other income of $350K from joint ventures swung the quarter to net income of $146K, or $0.01 per diluted share on 14.6M shares. YTD, revenue fell 29% y/y to $7.3M with operating income of $514K and EPS of $0.03, pressured by back-ordered parts and trucking shortages but offset by 49% lower interest costs. Cash ended at $300K after $831K operating outflow, tied to $4.2M inventory buildup, while lines of credit offer $6.8M availability against $3.4M drawn; total debt stands at $5.9M with no covenants breached. No M&A or non-GAAP metrics disclosed in the 10-Q. COVID-19 lingers as a drag on customer demand.
10-Q
Q1 FY2022 results
AmeraMex International posted Q1 revenue of $4.95M, up 23% year-over-year from $4.03M, driven by stronger equipment sales that hit $4.59M while rentals dipped 53% to $0.37M as customers shifted to purchases amid low rates. Gross profit climbed to $1.25M for a 25.2% margin, yet operating expenses doubled to $0.69M on higher wages and marketing, trimming operating income 29% to $0.56M. Net income fell 29% to $0.26M, or $0.02 per diluted share, with interest expense down 33% to $0.18M from debt paydown; the drop from operating profit ties mainly to that lower interest. Cash ended at $0.63M after $0.60M operating outflow, offset by $0.36M financing inflows, while total debt stood at $6.41M against $2.18M revolver availability. No M&A or non-GAAP metrics disclosed in the 10-Q. COVID-19 lingers as a risk, potentially curbing equipment demand through restrictions.
10-K
FY2021 results
AmeraMex International swung to a $1.6 million net profit in FY2021 ended December 31, 2021, up from a $0.6 million loss the prior year, fueled by revenues doubling to $24.7 million on a 130% surge in equipment sales to $22.3 million while rentals dipped 6% to $2.5 million after converting six contracts to sales. Gross profit rocketed to $5.0 million, with equipment margins expanding sharply to 15% from 1%, driven by post-pandemic demand and easier restrictions that boosted sales throughout the year. Operating cash flow exploded to $5.8 million from a $0.3 million outflow, supporting $1.2 million in capex and debt paydown, leaving cash at $1.0 million and lines of credit reduced to $3.2 million. No quarterly breakdowns disclosed. Supply chain disruptions from COVID-19 could stall quarterly momentum.
8-K
Annual meeting elects directors
AmeraMex International held its 2021 Annual Meeting on December 2, 2021, where stockholders elected Lee Hamre, Marty Tullio, J. Jeffery Morris, Brian Hamre, and Michael Maloney to the board with strong support, averaging over 9 million votes for each. They ratified dbb mckennon as auditors for the fiscal year ending December 31, 2021, with 10.6 million votes in favor. The proposal to amend articles for written consent actions passed narrowly at 9.4 million votes. Continuity intact.
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