AmeraMex International Reports Third Quarter Revenue
of $2.2 Million and Revenue of $6.1 Million for the Nine-Month Period

 

 CHICO,
CA
– November 14 , 2014 – AmeraMex
International, Inc.
(OTC:AMMX), a provider of heavy equipment to
infrastructure, shipping, construction and farming companies, today reported
financial results for its third quarter and nine-month period, ended September
30, 2014.

         
Three-month
revenue up 57 percent

        
Six-month revenue
up  97 percent

        
Shareholder conference
calls to be held quarterly

Third Quarter Ended September 30, 2014

The
company reported revenue of approximately $2.2 million, a 57 percent increase when
compared to revenue of approximately $1.4 million for the third quarter of 2013.
Gross profit for the quarter was approximately $1.1 million compared to gross
profit of $.756 million for the third quarter of 2013.

The
company reported net income for the quarter of $.317 million a significant
increase when compared to net income of $.112 million for the 2013 quarter. 

Highlights
for the Third Quarter

·        
Received
a forklift order for $350,000.

·        
Received
a $484,000 freight contract to relocate customer equipment. Customer increased contract value by $120,000
to include refurbishment of equipment.

·        
Sold
two container handlers for $420,000.

·        
Purchased
container handlers for refurbishment – retail value approximately $600,000.

·        
Awarded
bids totaling $500,000 to provide refurbished container handlers to customers
in Central America.

·        
Acquired
container handlers with retail value of $2.5 million.

·        
Receives
$260,000 order for loaded container handlers from customer in Mexico.

·        
$200
million Niger Agreement moves closer to final financing.

Nine-Month Period Ended September 30,
2014

Revenue
for the nine-month period was approximately $6.1 million, a 97 percent increase
when compared to revenue of $3.1 million for the comparable 2013 period.                                                                   

The
company reported net income of approximately $.598 million for the period, a 39
percent increase when compared to a net income of approximately $.431 million
for the comparable period in 2013.

 

 Financial Tables Available on Attached
PDF

Media and Financial Contact:

Marty
Tullio

McCloud
Communications LLC

Phone: 949.632.1900

marty@mccloudcommunications.com