ADM Endeavors, Inc. (OTCQB: ADMQ), a vertically integrated provider of custom apparel, uniforms, promotional products, and fulfillment services, announced financial results for the second quarter ended June 30, 2026, marking a return to profitability as the company's new 100,000-square-foot facility in Fort Worth, Texas, begins to deliver operational and cost efficiencies.
The company reported net income of $51,476 for the quarter, compared with a net loss of $69,110 in the same period last year. Revenue grew 11.4% to $1,307,924 from $1,173,827, driven by a 19.7% increase in promotional products revenue to $1,208,576. Operating income turned positive at $39,102, versus an operating loss of $59,901 in the prior-year quarter. General and administrative expenses declined 6.7% to $398,792 from $427,538, reflecting cost savings from consolidating operations under one roof.
“The second quarter marked the inflection point we have been building toward,” said Marc Johnson, CEO of ADM Endeavors, in a press release. “Our new facility is doing exactly what we designed it to do. Its expanded capacity and visibility are winning new customers, while operating under one roof is bringing our overhead down. We grew revenue double digits, reduced administrative costs, and converted that operating leverage directly into bottom-line profitability.”
The company completed the consolidation of its production divisions into the new facility after receiving the Certificate of Occupancy in March 2026. The facility is approximately 5.8 times larger than its previous location and designed to support up to five times prior production capacity. The retail buildout within the facility is in its final stages, expected to expand walk-in and workwear revenue opportunities.
For the first half of 2026, revenue increased 11.1% to $2,332,544 from $2,100,363. Operating loss narrowed 44% to $(118,422) from $(211,483), and cash used in operating activities improved 26% to $(273,934). Net loss for the six months was $(80,598), compared with net income of $34,345 in the prior-year period, which included a $264,514 insurance claim. Excluding that one-time gain, the company cut its operating loss nearly in half while absorbing expansion costs.
The company also highlighted recent operational momentum, including new contract awards and renewals announced on July 21, 2026, covering government, education, and corporate customers. These include a new uniform program for a Lockheed Martin division in Arizona and a bid award from Dallas College. No single customer represented more than 10% of revenue in the first half of 2026.
In June 2026, Calvin Tsang was appointed Chief Financial Officer to support the company's next phase of growth. The company maintained a stable share count of 158,520,409 common shares outstanding during the first half, with no dilution.
“With our retail buildout nearing completion, our seasonally important back-to-school period underway, and the new contract awards we announced in July beginning to contribute, we believe we are well positioned to build on this momentum in the second half of 2026,” Johnson added.
The financial results are detailed in the company's Quarterly Report on Form 10-Q filed with the SEC and available at www.sec.gov and https://admendeavors.com.
