AmeraMex International, Inc.: AmeraMex International Reports Year-End Revenue of $12.3 Million
CHICO, CA / ACCESSWIRE / April 16, 2021 /
AmeraMex International, Inc. (OTCQB:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction, and forestry conservation, reported financial results for its year ended December 31, 2020.
AmeraMex CEO Lee Hamre commented, "Sales for the second half of 2020 were robust and that momentum has continued through the first quarter of 2021. Our pipeline for 2021 is strong, and while we do not make projections, we believe this could be a remarkable year for AmeraMex on several fronts."
Statement of Operations for the Year Ended December 31, 2020
The company reported revenue of approximately $12.3 million, a $376,118 decrease when compared to revenue of approximately $12.7 million for comparable 2019 year-end. During the first six months of 2020, sales and ultimately revenue were significantly affected by COVID-19-related regulations. Most of AmeraMex's customers and potential customers' businesses are up and operational as many of COVID-19 restrictions have now been reduced or are no longer in place.