ADM Endeavors Offers Corporate Update

FORT WORTH, TX – (NewMediaWire) – January 25, 2024 – Honest correct Staunch Products Inc., the wholly owned subsidiary of ADM Endeavors (“ADM” or the “Company”) (OTCQB: ADMQ), announces a company substitute, at the side of preliminary Q4 2023 results.

Preliminary Q4 2023 Financials

ADM Endeavors gives unaudited fourth quarter 2023, ending December 31, 2023, preliminary results.

The Company anticipates:

– Revenues of $1.3M, representing 43% year-over-year enhance

– Adjusted EBITDA of $134K, which grew 200% over the year-within the past quarter

– Obtain revenue of $116K, a 200% enhance over the fourth quarter of 2022

At the stop of the quarter the Company had money of $300K and fetch admission to to a line of credit rating for $3.5M and is neatly capitalized to manufacture on its enhance plans.

“The fourth quarter of 2023 became segment of a transformational quarter for the Company,” acknowledged ADM Endeavors CEO Marc Johnson. “Our fourth quarter projected results are a factual indication that our strategic focusing on of recession resistant executive customers is working and may maybe maybe produce a sustainable profit. We no longer sleep for natural enhance in 2024 through both our existing and contemporary customer opportunities. We’re moreover exploring doable inorganic enhance through M&A and question to absorb our contemporary facility online in direction of the stop of the year, which may maybe enhance our skill by as much as 5 times.”

Original customer wins and contract renewals

Over the course of 2023, ADM has positioned an emphasis on long term, net customers, which separates the Company from others within the sector. The massive majority of main promotional product and decorated apparel companies level of curiosity on immense company customers and operate through a broker model on a global scale. ADM differentiates itself by focusing on cities, counties, colleges, and executive companies by going recount to client, and for the time being operates basically within the Dallas / Fort Price space where the markets are immense and fragmented. This strategy has been working and may maybe maybe merely power constant natural enhance in 2024 and beyond.

About a of basically the most contemporary contracts signed embody:

A contract became finalized with Dallas County, Texas to produce employee uniforms and other requested items. The addition of Dallas County has the skill to double the scorching customer vulgar because of obvious exposure to all cities within Dallas County. ADM has already begun to meet orders, realizing revenue of over $60K.

Tarrant County renewed their contract with ADM because all contract obligations and extensions had been successfully fulfilled. This contract includes additional opt-ins that may maybe maybe push the total contract worth beyond $500K. Tarrant County has frail ADM for the final four years and we search them as a relied on partner.

An annual contract with City of Flower Mound to produce uniform providers has moreover been renewed. ADM has been offering the City of Flower Mound with uniforms since 2021. Flower Mound is still a solid executive partner and has referred several contemporary executive customers to the Company.

Our uniform contract with the City of Allen continues to develop with orders totaling over $110K in 2023, an enhance of over 800% from 2022.

Our uniform contract with the City of Arlington stays solid, with a 30% enhance in orders from 2022 to 2023, totalling over $80K in revenue.

Our uniform contract with the North Texas Municipal Water District continues to develop every year with orders up over 60% from 2022, turning in over $120K in orders in 2023. North Texas Municipal Water District providers 13 cities and 10 counties in North Texas, and is a unswerving provide of future sales as the inhabitants continues to develop within the North Texas metro.

Original facility will add as much as 5x production skill

ADM is expected to bring a recent, 80,000 sq. toes. facility online within the Topple of this year. ADM expects to receive building permits and initiate development within the coming months. The building is monetary institution financed with a development mortgage at 10 year, 5 12% that will also moreover be drawn in opposition to to manufacture obligatory payments. The customized fabricated steel for the building has already been paid for and is on impart. The building is expected to be completed in Topple 2024, with operations commencing forward of the stop of the year.

Previous appearing as a recent manufacturing facility, the building will host a retail storefront. This storefront will enhance ADM’s college uniform footprint and enable the addition of a medical uniform segment and workwear segment to the product mix. This will likely embody both retail and listing contract sales, additional diversifying ADM’s choices. The contemporary store front will enable ADM to manufacture bigger margins and better service existing executive contract customers. Because the scorching retail home is working at most skill, this contemporary storefront will moreover enable ADM to pursue extra college uniform contracts. The addition of a recent medical uniform segment will enable the Company to examine out executive contracts in an untapped market.

Organic Enhance and Strategic M&A

In the Dallas / Fort Price space, ADM dominates the chief dealer sector. Unlike main opponents who rely on carriers, ADM handles all embellishments in home, guaranteeing faster service and lower product charges. ADM’s devoted provide route, operated by fat-time drivers, additional speeds up provide in comparison with old carriers. This winning model can even be replicated in other regions through strategic acquisitions of existing decorators or brokers.

Sensible one of ADM’s aggressive advantages is having withhold an eye on of manufacturing. By having all manufacturing done in-home, ADM can like a flash adjust to meet particular requests and strict requirements. There exists the chance for consolidation of regional opponents, bringing the aim manufacturing in-home. ADM has been exploring doable candidates for accretive M&A and will continue to behavior due diligence and be opportunistic with doable future transactions. The completion of the contemporary facility will enable for consolidation of every thing beneath one roof and is expected to liberate additional synergies for the Company.

Extra skill at the contemporary facility will empower ADM to liberate extra spending from contemporary accounts, facilitating enhance in contemporary retail accounts and opening doorways for the acquisition of contemporary company customers.

Increased market share in executive-supported trade is expected to materialize with out mountainous additional marketing expenditure. The constant request for uniforms in colleges, as neatly as uniforms for municipal workers, positions ADM neatly on this market. To fabricate bigger and toughen contemporary choices, the Company plans to introduce a workwear retail segment. Leveraging the labour from the faculty uniform store and the stock workwear products for the time being frail in existing contracts, ADM will prevent inventory stagnation, enhance margins, and provide enhanced service to executive customers.

Historical monetary efficiency and outlook

The old year served as a interval of regrouping and restructuring for ADM as the Company confronted the challenge of getting better from a US$2.5 million revenue loss in YouTube influencer merchandise sales. This expertise underscored the importance of diversifying the consumer vulgar and building resilience in opposition to economic downturns. Nowadays, ADM has no single client making up extra than 3% of their total revenue mix. In 2022, ADM had single customers representing as worthy as 20% of sales. We wait on investors to evaluation the contemporary ADM Investor Presentation and subscribe right here for Company files and investor updates.

ADM Engages Sophic Capital for Capital Markets Advisory Products and providers

The Company moreover announces that it has engaged Sophic Capital Inc. (“Sophic”) to produce capital markets advisory providers beneath an agreement dated January, 22 2024 (the “Agreement”). “ADM is a winning and scalable trade that we have been monitoring since they shifted their level of curiosity to net executive contracts,” acknowledged Sean Peasgood, President and CEO of Sophic Capital. “Promotional products and uniforms absorb change into ubiquitous, and with spending on the upward thrust among both producers and governments, we gaze mountainous opportunities for ADM to consolidate its popularity and bolster its presence within the industry. On behalf of Sophic’s companions and workers, I’d wish to thank ADM for picking us to craft its capital markets strategy and beef up conversation amongst the funding personnel. ” Products and providers to be offered by Sophic pursuant to the Agreement will embody assisting the Company within the preparation of an investor communications knowing, investor materials, files releases, roadshows and conference calls. Sophic will moreover introduce the Company to its network of institutional and retail investors.

About ADM Endeavors

ADM Endeavors is a various, recount marketing and price-added manufacturing firm offering customers with customized promotional products and wearables. Since 2010, our wholly owned subsidiary, Honest correct Staunch Products, Inc., has been persistently increasing our recession resistant customer vulgar, with sales topping $5.3 million for the final reported twelve months. The Company sells “The leisure With A Imprint” on its web impart,www.JustRightProducts.comincreasing products ranging from queer trade cards to espresso cups, T-shirts to boots, with tens of thousands of alternative queer products from which to make a ramification. Honest correct Staunch Products, Inc. operates a various vertical built-in trade within the Dallas/Fort Price space, consisting of a retail sales division, show veil veil print production, embroidery production, digital production, import wholesale sourcing, and uniforms. For added files, please trip to:

https://admendeavors.com/
https://www.fwpromo.com/
https://fortworth.academicoutfitters.com/
https://www.fb.com/groups/admqshareholders/

Ahead Trying Assertion

This press originate may maybe merely hold forward-having a search files within the meaning of Part 21E of the Securities Substitute Act of 1934, as amended, and Part 27A of the Securities Act of 1933, as amended. Any statements which will most likely be no longer historical facts contained on this press originate are “forward-having a search statements” that involve a model of dangers and uncertainties and are made pursuant to the Stable Harbor Provisions of the Non-public Securities Litigation Reform Act of 1995. Phrases reminiscent of “strategy,” “expects,” “continues,” “plans,” “anticipates,” “believes,” “would,” “will,” “estimates,” “intends,” “initiatives,” “dreams,” “targets” and other phrases of identical meaning are intended to identify forward-having a search statements but are no longer the uncommon formula of figuring out these statements. Such forward-having a search statements are in line with contemporary expectations, involve known and unknown dangers, a reliance on third events for files, transactions that can even be cancelled, and other components that will also merely cause our staunch results, efficiency or achievements, or traits in our industry, to range materially from the anticipated results, efficiency or achievements expressed or implied by such forward-having a search statements. Factors that may maybe maybe cause staunch results to range materially from anticipated results embody dangers and uncertainties connected to the fluctuation of world economic stipulations or economic stipulations with respect to the retail industry, the COVID-19 pandemic, the efficiency of management, actions of executive regulators, distributors, and suppliers, our money flows and expertise to produce financing, competition, neatly-liked economic stipulations and other components which will most likely be detailed in our filings with the Securities and Substitute Rate. We intend that every forward-having a search statements be arena to the net -harbor provisions. We undertake no duty to publicly substitute or revise any forward-having a search statements, whether or no longer on story of contemporary files, future events or otherwise.

For additional facts about ADM Endeavorsplease contact:

Marc Johnson, CEO
Phone: 817.231.8048
Electronic mail: files@admendeavors.com

For investor files for ADM Endeavors, please contact:

Sean Peasgood, Investor Relatives
Phone: (647) 255-7570
Email: sean@sophiccapital.com

Source: ADM Endeavors, Inc
Sectors: Retail & eCommerce