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. The company reported net income of $51,476, compared to a net loss of $(69,110) in the same period last year, and revenue increased 11.4% to $1,307,924 from $1,173,827.
The improvement was driven by a 19.7% increase in promotional products revenue, which rose to $1,208,576 from $1,009,425. General and administrative expenses declined 6.7% to $398,792, reflecting operational efficiencies from consolidating operations into the company's new 100,000-square-foot facility in Fort Worth, Texas. Operating income was $39,102, compared to an operating loss of $(59,901) in the prior-year quarter.
Marc Johnson, CEO of ADM Endeavors, stated, "The second quarter marked the inflection point we have been building toward. 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."
For the first half of 2026, revenue increased 11.1% to $2,332,544 from $2,100,363 in the prior-year period. The operating loss narrowed by 44% to $(118,422) from $(211,483), and cash used in operating activities improved by 26% to $(273,934) from $(370,261). The company reported a net loss of $(80,598) for the first half, compared to net income of $34,345 in the prior year, which included a $264,514 insurance claim gain.
The company completed the consolidation of its production divisions into the new facility in March 2026, which is approximately 5.8 times larger than its previous facility and designed to support up to five times the prior production capacity. The retail buildout within the facility is nearing completion, expected to expand walk-in and workwear revenue opportunities.
Recent contract awards and renewals were announced on July 21, 2026, including a new uniform program for a Lockheed Martin division in Arizona and a bid award from Dallas College. The company also noted that no single customer represented more than 10% of revenue during the first half of 2026.
In June 2026, Calvin Tsang was appointed Chief Financial Officer as the company builds infrastructure to support its next phase of growth. The company's common shares outstanding remained unchanged at 158,520,409 during the first half, indicating no shareholder dilution.
Johnson added, "The first-half comparison reflects a one-time insurance gain in the prior year - on an operating basis, we cut our loss nearly in half while absorbing the costs of the largest expansion in our Company's history. 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."
The financial information presented is a summary and is qualified by reference to the company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, filed with the Securities and Exchange Commission and available at www.sec.gov and https://admendeavors.com.
