ADM Endeavors, Inc.

What they do

Through its wholly owned subsidiary Just Right Products, ADM Endeavors operates a vertically integrated business with divisions for retail sales, screen printing, embroidery, digital production, import wholesale sourcing, and uniforms. The company sells anything with a logo, from business cards to coffee cups, and serves government contracts, including Dallas County, Tarrant County, Johnson County, and 12 cities. Production departments operate below capacity, with screen printing at ~60%, embroidery at ~40%, and digital at ~50%, allowing for revenue growth without additional equipment.

Revenue drivers

• Retail sales division — Focuses on any product with a logo; more profitable than commissioned sales, so the company is directing resources to SEO and website to grow in-house customers.
• Government division — Added to diversify customer base; has contracts with Dallas County, Tarrant County, Johnson County, and 12 cities for employee uniforms and promotional items; has seen significant growth.
• Embroidery production — 51 heads of capacity; Q1 2026 revenue increased 27% year-over-year, driving overall revenue growth.
• Import wholesale sourcing — Sources products for retail and wholesale customers; shifted some operations from China to Pakistan and is exploring India as a source.

Recent performance

For the year ended December 31, 2025, revenue was $5.6M, down 2% from $5.8M in 2024, primarily due to smaller order sizes. Net income improved to $486,259 from $324,311, with operating cash flow of $381,136. In Q1 2026, revenue increased 10.6% to $1.02M from $926,732 in Q1 2025, driven by a 27% increase in embroidery sales. Gross margin improved to 23.3% in Q1 2026 from 21.8% a year earlier, despite higher direct costs from tariffs and the move to a new facility.

Strategy

Management is focused on expanding in-house sales through SEO and website development, as these accounts are more profitable than commissioned sales. The company is investing in its new fully completed 100,000 square foot manufacturing facility, which increased G&A expenses in Q1 2026. The company also continues to diversify sourcing, shifting from China to Pakistan and considering India. All production departments have capacity to grow revenue without additional equipment, and the company plans to hire more employees to utilize that capacity.

Risks

• Dependence on government contracts — A significant portion of revenue comes from government contracts, which are subject to renewal, budget cuts, and procurement delays.
• Tariff and sourcing risks — Direct costs increased due to tariffs, and the company's shift in sourcing from China to other countries may introduce supply chain and quality risks.
• Cash flow and debt — The company relies on loans from officers and directors and has taken on notes payable; at year-end 2025, working capital was only $127,740, and current liabilities included $251,792 of derivative liabilities.
• Reliance on key personnel — The business is dependent on its founder and sole shareholder of Just Right Products, Marc Johnson, and the loss of his services could harm operations.

Outlook

Management believes cash flow from operations and the cash balance are sufficient to finance expected operational activities, capital improvements, and debt repayment for the next 12 months. The company anticipates growth in government and retail sales, and expects to leverage the new facility to expand production capacity. No forward-looking guidance is provided beyond these general expectations.