The garment industry witnessed significant growth over the decade. According to research and consulting firm Future Market Insights, the DTG printing industry was valued at $1.76 billion in 2018, and that number is expected to increase to $2.31 billion by 2023. One of the biggest reasons for the growth of DTG printing is the buying habits of today’s consumers. Over the last decade, textile printing sector has redefined itself as the contemporary fashion demand área. ADM Endeavors Inc. (OTC: ADMQ) is on top of the list.
Four things that are fueling the expansion of the global digital textile printing market:
- The world’s population growth with higher purchasing power
- Development of the global textile industry
- Increased preference for high-quality textile prints
- The acceleration in production speeds and reduction in coloration costs
There are only a few names in the garment industry that investors can look to for growth and ADM Endeavors Inc. (OTC: ADMQ) is on top of the list.
Since 2010, ADM Endeavors Inc’s ADMQ wholly owned subsidiary, Just Right Products, Inc., has operated a diverse vertical integrated business in the Dallas/Fort Worth area, which consists of a retail sales division, screen print production, embroidery production, digital production, import wholesale sourcing, and uniforms. The Retail Sales Division focuses on any product with a logo. It sells a very wide range of products from business cards to coffee cups. Our motto is “We Sell Anything With A Logo!” Just Right Products salespeople excel because they are selling the items people like to buy. The Screen Printing Department utilizes its five screen printing machines to print garments and can produce more than 8,000 units per day. The Embroidery equipment has 51 heads of embroidery capacity. The Digital Department and all the other departments have significant growth potential. The Import Department sources products for retail and wholesale customers.
ADM Endeavors has employees fluent in Chinese, Spanish and Arabic thereby affording significant opportunities to interact directly with multiple product sources internationally. The Uniform Division sells uniforms to businesses and schools, with the advantage of in-house production and international sourcing.
Revenues increased to $3.523 million in the nine months ended September 30, 2020 compared to revenues of $2.925 million in the same period in 2019, a 20.4% increase.
“I am particularly pleased to announce this result because, during this period, our school uniform sales, a major part of our business, dipped greatly due to COVID-19,” said Marc Johnson, ADM Endeavors CEO. “We were even able to report that we were profitable in the first nine months, albeit by a small margin, which is an incredible achievement for our team considering the economic issues faced.
ADM Endeavors, Inc. ADMQ recently announced that the Company’s CEO, Marc Johnson, has privately purchased 17,160,000 common shares out of the Company’s public float. Marc Johnson, CEO of ADM Endeavors, stated: “As a continued indication of my belief in our Company, I have purchased an additional 17,160,000 common shares out of the public float. Due to the purchase, those shares are now affiliate shares and are restricted.”
The main reason to follow insider trading is because executives and directors have the most up-to-date information on their companies’ prospects.
As one of the greatest investors of all time, Peter Lynch, was noted as saying that “insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.”