AmeraMex International, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 19, 2023
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AmeraMex International, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.454154 million compared to USD 0.180957 million a year ago. Revenue was USD 1.21 million compared to USD 7.48 million a year ago. Net loss was USD 0.032623 million compared to net income of USD 0.928849 million a year ago.
For the nine months, sales was USD 1.02 million compared to USD 0.910172 million a year ago. Revenue was USD 6.74 million compared to USD 14.81 million a year ago. Net loss was USD 0.048122 million compared to net income of USD 1.43 million a year ago.
AmeraMex International, Inc. is a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation. The Company sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. It maintains a complete maintenance organization, which includes a large parts inventory and service department with certified service techs, along with a steam cleaning service, and paint shop for refurbishing equipment. The Company sells, leases and rents a variety of new and refurbished heavy equipment to companies in the United States, Africa, Canada, Central America and Mexico. It also sells parts and provides repair and maintenance services directly to customers at its Northern California location. It acquires used equipment for resale through trade-ins from its customers, returned customer leases, and selective purchases. It serves rental companies, retailers, warehouses, and food distribution.
AMERAMEX INTERNATIONAL, INC. 
