CSIMarket
 

Amerityre Corporation  (AMTY)
Other Ticker:  
 
    Sector  Consumer Discretionary    Industry Tires
   Industry Tires
   Sector  Consumer Discretionary

Amerityre's

Competitiveness


 

AMTY Sales vs. its Competitors Q2 2022



Comparing the results to its competitors, Amerityre reported Total Revenue increase in the 2 quarter 2022 by 94.26 % year on year.
The sales growth was above Amerityre's competitors average revenue growth of 31.01 %, recorded in the same quarter.

List of AMTY Competitors

With net margin of 4.12 % company achieved higher profitability than its competitors.

More on AMTY Margin Comparisons



Revenue Growth Comparisons




Net Income Comparison


Amerityre Corporation achieved net profit of $0.11 millions compare to net loss of $-0.05 millions recorded in same quarter a year ago.

<<  More on AMTY Income Comparisons


Amerityre's Comment on Competitors and Industry Peers


There are several companies that produce not-for-highway-use or light-use tires from polyurethane foam such as Greentyre, who manufactures in the UK; Carefree Tire, who manufactures in China; Marastar (a division of Carlstar), who manufactures in China, and; Custom Engineered Wheels and Krypton Industries, who manufacture in India. We believe our closed-cell polyurethane foam tires are superior to the polyurethane foam tires offered by the aforementioned competitors because our products contain millions of closed-cell versus open-cell air bubbles. The closed cell technology gives our products higher load bearing characteristics than competitor tire products that have open-cell polyurethane foam, while producing a ride quality comparable to a pneumatic tire.

In addition to manufacturers of polyurethane foam tires, we compete directly with companies that manufacture and market traditional not-for-highway-use, low-duty pneumatic, semi-pneumatic, and solid tires made from rubber. The not-for-highway use tire industry historically has been highly competitive, and several of our competitors have financial resources that substantially exceed ours. In addition, many of our competitors are very large companies, such as Kenda, Taiwan; Maxxis International, Taiwan; Cheng Shin, China; and Carlstar. These competitors have established brand name recognition, distribution networks for their products, and have strong consumer loyalty to their products.

In the agricultural tire market, the market leader is Titan Tire USA, a global manufacture of agriculture pneumatic tire and wheel assemblies. In addition, Rhino Gator, BB Metal Works, and Mach II are North American competitors offering various types of flat free pivot tire solutions. There are various domestic and international competitors in the seeder tire and hay baler tire markets.

 





  

Overall company Market Share Q2 2022

Due to outstanding performance in Overall company, revenue grew by 94.26 % Amerityre Corporation improved its market share, to approximate 0.05 %.




<<  More on AMTY Market Share.
 
*Market share is calculated based on total revenue.


AMTY's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)


COMPANY NAME MARKET CAP
(in millions of $)
REVENUES
(in millions of $)
INCOME
(in millions of $)
EMPLOYEES
Amerityre Corporation AMTY 4.45 7.00 0.00 -
The Goodyear Tire and Rubber Company GT 3,272 20,485.00 871.00 67,000
SUBTOTAL 3,276.29 20,491.66 871.20 67,000
Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

MODN's Profile

Stock Price

MODN's Financials

Business Description

Fundamentals

Charts & Quotes

MODN's News

Suppliers

MODN's Competitors

Customers & Markets

Economic Indicators

MODN's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Cryptocurrencies

Sectors & Industries

Commodities

Currencies

News


At a Glance

Stocks

Economy

Industries

Other

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2022 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071