AmeraMex International Reports Second Quarter Revenue of $1.3 Million

Financial Conference Call August 19th at 11:00 a.m. Pacific

August 19, 2015 8:01 AM EDT

CHICO, CA -- (Marketwired) -- 08/19/15 -- AmeraMex International, Inc. (OTC PINK: 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

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.



                        AmeraMex International, Inc.
                     CONDENSED STATEMENT OF OPERATIONS
                                (UNAUDITED)


                        For the       For the    For the Six-  For the Six-
                      Three-month   Three-month  month Period  month Period
                     Period Ended  Period Ended     Ended         Ended
                       June 30,      June 30,      June 30,      June 30,
                         2014          2015          2014          2015

Sales                $  1,042,041  $  1,278,008  $  3,878,155  $  2,213,206

Cost of Sales             445,692       477,701     2,155,670       863,917

Gross Profit              596,349       800,307     1,722,485     1,349,290


Expenses:
  Operating               375,046       321,764     1,005,612       520,151
  SG&A                    135,349       225,744       423,920       520,835

Total Expenses            510,395       547,508     1,429,532     1,040,986

Net Income (loss)
 from Operations           85,954       252,799       292,954       308,304

Other Income,
 Expense,
 Depreciation              (9,519)      (49,747)      (11,945)      (85,401)

Income Tax                      -         1,446             -         1,446

Net Income (Loss)    $     76,435  $    201,606  $    281,009  $    221,456

Basic Earnings (Loss)
 Per Share                      0             0             0             0

Weighted Average
 Shares Outstanding   660,280,879   660,280,879   660,280,879   660,280,879

Diluted Earnings
 (Loss) Per Share               0             0             0             0



                        AmeraMex International, Inc.
              UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
                            Second Quarter 2015

CURRENT ASSETS

Cash and cash equivalents                                     $      32,746
  Accounts receivable                                               401,280
  Other Current Assets                                               18,874
  Inventory                                                       1,099,289
  Cash surrender value of life insurance                            145,608
                                                              -------------
    Total current assets                                          1,697,797

PROPERTY AND EQUIPMENT
  Furniture and equipment                                            20,212
  Machines and equipment                                            579,936
  Office equipment                                                   26,143
  Leasehold Improvements                                            334,538
  Vehicles                                                          312,176
                                                              -------------
                                                                  1,273,005
  Less accumulated depreciation                                    (707,203)
                                                              -------------
                                                                    565,802
                                                              -------------

                                                              $   2,263,599
                                                              -------------

CURRENT LIABILITIES

  Current maturities of long-term debt                        $     121,206
  Accounts payable                                                  746,023
  Credit Cards                                                       43,283
  Current Liabilities                                                83,800
  Current Sales Tax Accrued                                              12
                                                              -------------
    Total current liabilities                                       994,324
                                                              -------------

LONG-TERM DEBT, less current maturities                           1,585,229
                                                              -------------

DEFERRED TAXES                                                            -
                                                              -------------

STOCKHOLDER'S EQUITY
  Capital stock                                                     586,565
  Additional paid in capital                                      1,561,184
  Retained earnings (deficit)                                    (2,463,703)
                                                              -------------
                                                                   (315,954)
                                                              -------------
                                                              $   2,263,599
                                                              -------------

Shares Issued and Outstanding 660,280,879

Media and Financial Contact:
Marty Tullio
McCloud Communications LLC
949.632.1900
Email Contact

Source: AmeraMex International



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