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Amerityre Corporation  (AMTY)
Other Ticker:  
 
    Sector  Consumer Discretionary    Industry Tires
   Industry Tires
   Sector  Consumer Discretionary
 
Price: $0.0800 $0.02 42.857%
Day's High: $0.08 Week Perf: 48.15 %
Day's Low: $ 0.05 30 Day Perf: 53.55 %
Volume (M): 1 52 Wk High: $ 0.09
Volume (M$): $ 0 52 Wk Avg: $0.06
Open: $0.05 52 Wk Low: $0.04



 Market Capitalization (Millions $) 6
 Shares Outstanding (Millions) 81
 Employees -
 Revenues (TTM) (Millions $) 7
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Amerityre Corporation

Amerityre engages in the research and development, manufacturing, and sale of polyurethane tires. We believe that we have developed unique polyurethane formulations that allow us to make products with superior performance characteristics in the areas of abrasion resistance, energy efficiency and load-bearing capabilities, in comparison to conventional rubber tires. We also believe that our manufacturing processes are more energy efficient than the traditional rubber tire manufacturing processes, in part because our polyurethane compounds do not require the multiple processing steps, extreme heat, and high pressure that are necessary to cure rubber. Using our polyurethane technologies, we believe tires can be produced which last longer, are less susceptible to failure and are friendly to the environment.

Our closed-cell polyurethane foam products are primarily manufactured utilizing multiple–stationed, carousel centrifugal molding presses. We produce closed-cell foam products by pouring a proprietary polyurethane formula into a mold, which then spreads out in the mold through centrifugal force. The molding process occurs by reacting monomeric diphenylmethanediisocyanate (MDI) with polyol and other chemicals. The chemical reaction causes a cross linking of the chemicals, which cures into a solid. The closed-cell polyurethane foam product is then removed from the mold and the process is repeated.

All of our products are inspected prior to shipment to ensure quality. Any closed-cell foam products considered by our quality control personnel to be defective are disposed of through traditional refuse disposal services.


Amerityre utilizes independent manufacturer representatives with tire industry experience to promote and sell our products. These representatives sell all of our products in a designated sales territory. These independent sales professionals complement our in-house sales department in Boulder City.

We currently distribute our products directly from our manufacturing facility in Boulder City, Nevada.

Internationally, we have several distribution partners established in Canada, Australia, and Europe. We continue to seek additional international sales and marketing partners to expand the worldwide sales and distribution of our products.

Our polyurethane material technology is based on two proprietary formulations; closed-cell polyurethane foam, a lightweight material with high load-bearing capabilities for low duty cycle applications, and Elastothane®, a high performance polyurethane elastomer with high load-bearing capabilities for high duty applications. We are concentrating on three segments of the tire market: closed-cell polyurethane foam tires, polyurethane elastomer industrial tires and tires for agricultural applications.




   Company Address: 1501 Industrial Road Boulder City 89005 NV
   Company Phone Number: 293-1930   Stock Exchange / Ticker: NONE AMTY
   AMTY is expected to report next financial results on November 14, 2022.


Customers Net Income fell by AMTY's Customers Net Profit Margin fell to

-13.27 %

5.89 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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Year to Date Decrease / Increase
     
GT   -53.67%    
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