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ESSX - Essex Rental Corporation

Essex Rental Corporation logo Essex Rental Corporation (ESSX) is a provider of equipment rental and sales services for the crane and heavy equipment industry. The company's fleet includes a variety of cranes, including tower cranes, crawler cranes, and mobile cranes, as well as other heavy equipment such as forklifts and aerial lifts.

Essex Rental Corporation's customers include construction companies, industrial companies, and other businesses that require heavy equipment for their operations. The company operates through its subsidiary, Essex Crane Rental Corp.

Essex Rental Corporation was founded in 2010 and is headquartered in Buffalo Grove, Illinois. The company had faced some financial challenges in recent years, with declining revenue and net income. The company's total revenue for the fiscal year 2020 was $33.2 million, representing a decline from $43.2 million in the previous year. Net loss for the same period was $13.6 million, a decline from a net loss of $12.3 million in the previous year.

Essex Rental Corporation has a market capitalization of approximately $12 million as of my knowledge cutoff of September 2021, and its stock is listed on the OTC Pink market under the ticker symbol ESSX.

The heavy equipment rental industry is subject to various risks, including changes in demand for construction and industrial services, as well as competition from other rental companies. However, Essex Rental Corporation's focus on the crane and heavy equipment industry and its efforts to address its financial challenges should position it for improved performance in




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