In This Article:
Chico, California--(Newsfile Corp. - April 25, 2025) - AmeraMex International, Inc. (OTC Pink: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction, and forestry conservation, reported financial results for its year ended December 31, 2024.
Statement of Operations for the Year Ended December 31, 2024
The company reported revenue of approximately $14.9 million, compared to revenue of approximately $13.4 million for the year ended December 31, 2023.
Gross profit for the year was $1.2 million, compared to gross profit of $2.1 million for the 2023 year-end.
Gross profit as a percentage of revenue was 8 percent for the year compared to gross profit, as a percentage of revenue, of 16 percent for the 2023 year-end.
Net loss for the year was ($1.2 million) compared to net loss of ($1.4 million) for the comparable 2023 year-end. Loss per share was ($0.08) compared to a loss per share of ($0.10).
Balance Sheet for the Year Ended December 31, 2024
Total Assets for the year were $17.5 million compared to $17.8 million for the year ended December 31, 2023.
Total Liabilities for the year were $15.2 million compared to $14.4 million for the year ended December 31, 2023.
Conference Call
The AmeraMex management team will be traveling for the next several days and a news release pertaining to the year ended 2023 conference call will be disseminated next.
AmeraMex International
AmeraMex International sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. 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 Statement
Statements made in this news release that are not historical, or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 (the "Act") and Section 21E of the Securities Exchange Act of 1934. These statements often can be identified using terms such as "may," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and key factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.