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Ameramex International, Inc. (AMMX)
:AMMX
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AmeraMex International
(OTC:AMMX)
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Rating:46Neutral
Price Target:
$0.00
▼(-100.00% Downside)
The overall stock score is primarily impacted by the company's weak financial performance, characterized by declining revenues, negative profitability, and high leverage. While technical indicators show bullish momentum, the overbought conditions suggest caution. The negative P/E ratio and lack of dividend yield further weigh on the stock's attractiveness.
AmeraMex International (AMMX) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.92M
Dividend YieldN/A
Average Volume (3M)13.57K
Price to Earnings (P/E)―
Beta (1Y)1.12
Revenue Growth20.95%
EPS Growth61.92%
CountryUS
Employees19
SectorIndustrials
Sector Strength72
IndustryAgricultural - Machinery
Share Statistics
EPS (TTM)N/A
Shares Outstanding15,112,988
10 Day Avg. Volume10,521
30 Day Avg. Volume13,566
Financial Highlights & Ratios
PEG Ratio0.23
Price to Book (P/B)1.35
Price to Sales (P/S)0.20
P/FCF Ratio-1.10
Enterprise Value/Market Cap0.00
Enterprise Value/Revenue0.00
Enterprise Value/Gross Profit0.00
Enterprise Value/Ebitda0.00
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AmeraMex International Business Overview & Revenue Model
Company DescriptionAmeraMex International, Inc. sells, leases, and rents new and refurbished heavy equipment primarily in the United States. Its products are used in light and infrastructure construction, shipping logistics, logging, mining, transportation, commercial farming, and forestry industries. The company also sells parts; and provides repair and maintenance services. It serves customers in the United States, Canada, Latin America, Asia, and Africa. The company was founded in 1989 and is based in Chico, California.
How the Company Makes MoneyAmeraMex International generates revenue through multiple streams, primarily from the sale and rental of heavy equipment. The company earns income by selling new and used machinery, which constitutes a significant portion of its revenue. Additionally, the rental services provide a steady income stream, as customers often prefer renting equipment for short-term projects. Furthermore, AmeraMex enhances its earnings through maintenance and repair services, generating recurring revenue from existing customers. Strategic partnerships with manufacturers and suppliers also enable the company to offer competitive pricing and a diverse product range, contributing positively to its revenue generation.
AmeraMex International Earnings Call Summary
Earnings Call Date:May 28, 2025
(Q2-2024)
| % Change Since: |
Next Earnings Date:Aug 18, 2025
Earnings Call Sentiment Positive
The earnings call presented a strong performance for the second quarter, with significant increases in revenue, profit margins, and net income, indicating a positive turnaround from the previous year's challenges. However, there are concerns about increased liabilities and potential uncertainties due to upcoming political events.Q2-2024 Updates
Positive Updates
Significant Revenue Increase
Revenue increased by 65% for the second quarter to $3.8 million compared to $2.3 million for the same period in 2023. Additionally, the 6-month period saw a 29% revenue increase to $7.1 million compared to $5.1 million in 2023.
Improved Profit Margins
Gross profit increased by 265% to $2.6 million for the quarter, with a gross profit margin of 68% compared to 31% in the previous year. Profit from operations rose significantly to $2 million, compared to a loss of $102,577 in the previous year.
Positive Net Income
Net income for the quarter was $1 million or $0.07 per share, compared to a loss of $117,000 or a loss per share of $0.01 in the same quarter of 2023.
Increase in Rental Equipment
There was a $3.6 million increase in rental equipment, contributing to a $4 million increase in total assets.
Negative Updates
Increased Liabilities
Total liabilities increased by $3.5 million, attributed in part to an increase in the company's notes payable.
Concerns Over Future Economic Conditions
The CEO expressed concerns about the potential impact of the upcoming election on the business, indicating uncertainty in the market.
Company Guidance
During AmeraMex International's Q2 2024 earnings call, the company reported a significant financial recovery, with a 65% increase in quarterly revenue to $3.8 million, compared to $2.3 million in the same quarter last year. Gross profit surged by 265% to $2.6 million, reflecting a substantial improvement in profit margins, rising from 31% in Q2 2023 to 68% this quarter. The company's profit from operations also saw a dramatic turnaround, reaching $2 million compared to a loss of $102,577 in the prior year. Net income for Q2 was $1 million, or $0.07 per share, a notable improvement from a loss of $117,000 or $0.01 per share in the previous year. For the first half of 2024, revenue grew by 29% to $7.1 million, with a 60% increase in gross profit to $2.4 million and operational profit rising to $1.5 million from $240,200 the previous year. Total assets increased by approximately $4 million, largely due to a $3.6 million rise in rental equipment, while total liabilities grew by $3.5 million primarily due to increased notes payable. The company expressed optimism about maintaining and potentially improving these margins in the upcoming quarters.AmeraMex International Financial Statement Overview
Summary
AmeraMex International is facing financial challenges with declining revenues, negative net income, high leverage, and negative cash flows. These issues highlight the need for strategic improvements in operational efficiency and financial management.Income Statement
The income statement reveals declining revenues and profitability. The revenue decreased significantly from 2022 to 2023, with a negative net income indicating struggles in maintaining profitability. Gross profit margin and EBIT margin have also deteriorated, compounded by a negative EBIT for 2023, highlighting operational challenges.45
Neutral
Balance Sheet
The balance sheet shows high leverage with a debt-to-equity ratio of 2.86 in 2023, indicating significant reliance on debt financing. The equity ratio has decreased over time, reflecting shrinking equity relative to assets. However, the company maintains positive equity, which is essential for long-term sustainability.40
Negative
Cash Flow
Cash flow analysis indicates operational cash flow challenges, with negative operating and free cash flows in 2023. The negative free cash flow growth suggests that the company is struggling to generate sufficient cash from operations, potentially affecting its ability to fund growth and service debt.35
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.66M | 14.97M | 13.38M | 19.22M | 24.72M | 12.28M |
| Gross Profit | 1.43M | 1.23M | 2.07M | 4.49M | 5.03M | 1.77M |
| EBITDA | 489.97K | 887.35K | 269.25K | 2.70M | 4.24M | 1.30M |
| Net Income | -1.20M | -1.16M | -1.37M | 871.06K | 1.63M | -582.69K |
Balance Sheet | ||||||
| Total Assets | 20.07M | 17.51M | 17.83M | 13.08M | 10.79M | 12.52M |
| Cash, Cash Equivalents and Short-Term Investments | 90.25K | 84.93K | 588.13K | 1.03M | 995.61K | 407.88K |
| Total Debt | 12.74M | 11.76M | 9.74M | 6.79M | 5.65M | 9.64M |
| Total Liabilities | 17.15M | 15.26M | 14.43M | 8.86M | 7.51M | 10.93M |
| Stockholders Equity | 2.92M | 2.24M | 3.40M | 4.22M | 3.28M | 1.59M |
Cash Flow | ||||||
| Free Cash Flow | -5.68M | -2.75M | -3.45M | -51.06K | 4.55M | -1.01M |
| Operating Cash Flow | -1.30M | 2.61M | -2.36M | 1.91M | 5.78M | -256.07K |
| Investing Cash Flow | -2.96M | -5.00M | -1.09M | -1.96M | -1.24M | -753.83K |
| Financing Cash Flow | 4.06M | 1.89M | 3.01M | 87.66K | -3.96M | 1.30M |
AmeraMex International Technical Analysis
Positive
0.12
Price Trends
0.11
Positive
0.10
Positive
0.13
Positive
Market Momentum
<0.01
Negative
66.59
Neutral
71.08
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMMX, the sentiment is Positive. The current price of 0.12 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.11, and below the 200-day MA of 0.13, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 66.59 is Neutral, neither overbought nor oversold. The STOCH value of 71.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AMMX.
AmeraMex International Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $11.95M | 6.52 | 15.99% | ― | -4.37% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
46 Neutral | $1.92M | ― | ― | ― | 20.95% | 61.92% | |
43 Neutral | $11.18M | ― | -27.51% | ― | -23.40% | 13.78% | |
42 Neutral | $21.03M | ― | -121.68% | ― | -19.18% | 24.68% | |
38 Underperform | $4.53M | -0.22 | ― | ― | ― | ― |
* Industrials Sector Average
AMMX
AmeraMex International
0.13
-0.26
-66.67%
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13.86
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UGRO
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0.34
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HYFM
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2.40
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XOS
Xos
2.50
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-47.26%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.