ADM Endeavors, Inc. (OTCQB: ADMQ), a vertically integrated provider of custom apparel, uniforms, promotional products, and related services, reported financial results for the second quarter and six months ended June 30, 2026. The quarter marked the first full period in which the company's operations were substantially consolidated into its new 100,000-square-foot production and retail facility in Fort Worth, Texas.
Second-quarter revenue increased 11.4% to $1,307,924, compared with $1,173,827 in the same period last year. Promotional products revenue grew 19.7% to $1,208,576 from $1,009,425. The company reported operating income of $39,102, a significant improvement from an operating loss of $59,901 in the prior-year quarter. Net income was $51,476, compared with a net loss of $69,110.
General and administrative expenses declined 6.7% to $398,792 from $427,538, reflecting operational efficiencies and cost savings from consolidating operations into the new facility. The company said the facility's expanded capacity and visibility have been instrumental in attracting new customers.
For the first half of 2026, revenue increased 11.1% to $2,332,544 from $2,100,363. The operating loss narrowed 44% to $(118,422) from $(211,483), and cash used in operating activities improved 26% to $(273,934) from $(370,261). The net loss of $(80,598) contrasts with net income of $34,345 in the prior-year period, which included a $264,514 insurance claim.
Marc Johnson, Chief Executive Officer, 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."
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 company completed its facility consolidation after receiving the Certificate of Occupancy in March 2026. The new facility is approximately 5.8 times larger than its prior location and designed to support up to five times prior production capacity. Construction of a new retail operation within the facility is in its final stages, expected to expand walk-in and workwear revenue opportunities.
In July 2026, ADM Endeavors announced a series of new contract awards and renewals across government, education, and corporate customers, including a new uniform program for a Lockheed Martin division in Arizona and a new bid award from Dallas College. No single customer represented more than 10% of revenue during the six months ended June 30, 2026.
Calvin Tsang was appointed Chief Financial Officer in June 2026 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, with no shareholder dilution.
The financial information presented in this release is a summary and is qualified in its entirety 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.
