AmeraMex International ReportsSecond Quarter Revenue of $1.3 Million
Financial conference call
August 19th at 11:00 a.m. Pacific
CHICO, CA – August 19, 2015 – AmeraMex International, Inc.
(OTC:AMMX), a provider of heavy equipment to infrastructure, shipping,
construction, farming and mining companies, today reported financial results
for its second quarter ended June 30, 2015.
Highlights for the Six-month Period
·
–Secures
order for $150,000
· –Signs
$2.1 million equipment contract
·
–Enters into five-year rental
agreement totaling $837,000
· –
Receives
rental agreements totaling $200,000 per year
· –
Inks
heavy equipment purchase order for $180,000
·
-Sells
loaded container handlers for $360,000
·
-Obtains $450,000 in equipment
orders
Second Quarter Ended June 30, 2015
The company reported revenue of $1,278,008
compared to revenue of $1,042,041 for the second quarter of 2014. Net income for
the quarter was $252,799 compared to net income of $85,954 for the second
quarter of 2014. Gross profit, as a
percentage of sales, was 63 percent compared to 57 percent for the comparable 2014
period.
Six-Month Period Ended June
30, 2015
Revenue for the six-month period
was $2,213,206 compared to revenue of $3,878,155 reported for the comparable six-month
period of 2014. Gross profit margin, as a percentage of sales, was 61 percent. The
company reported net income of $221,456, compared to net income of $281,009 for
the six-month period in 2014.
The conference call dial-in number for both U.S. and
international callers is 1.719.325.2464. An audio replay of the conference call will be available
from August 19, 2015 at 5:00 p.m. Eastern until September 2, 2015 at 11:59 p.m.
Eastern. The replay can be accessed by
dialing 1.719.325.2464 and entering conference pin number 8188772.
A PDF of the news release with financial tables is attached.
About
AmeraMex International
AmeraMex International sells,
leases and rents heavy equipment to companies within four industries: construction (light and infrastructure), shipping
logistics, mining and commercial farming. AmeraMex International's largest
product line is specialized container handling equipment that enables
stevedoring companies to quickly and efficiently load and offload container and
general freight ships dockside. AmeraMex, with customers in the Americas,
Africa, Asia and Eastern Europe, has over 30 years of experience in heavy
equipment sales and service and inventories top-of-the-line equipment from
manufacturers such as Taylor Machine Works Inc. and Terex Heavy Equipment. For
more information visit the AmeraMex website, www.AMMX.net.
Safe Harbor Statement
Except for the historical information contained herein,
statements discussing sales or revenue projections are forward-looking and made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, as amended. These statements involve risks and uncertainties that could cause actual results to differ
materially from any forward-looking statements made herein.
Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com