Private company

AMERITYRE CORP

AMERITYRE CORP is an American tires and inner tubes company, incorporated in Nevada.1 It is headquartered in Boulder City, Nevada.1

Last updated Oct 21, 2026.

Overview

$6.5MRevenue, fiscal 20222
$431.9KNet income, fiscal 20222
  • IndustryTires & Inner Tubes1
  • HeadquartersBoulder City, Nevada1
  • Incorporated inNV3
  • Business address1501 Industrial Road, Boulder City, Nv 890053
  • Filer categoryNon-accelerated filer, Smaller reporting company3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

27.0%Gross margin2
6.3%Operating margin2
6.6%Net margin2
33.6%Revenue growth, 20222
20.1%Return on equity2
0.03×Debt to equity2
$292.3KFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue73¢$4.7M
  • Research and development2¢$101.8K
  • Other costs19¢$1.2M
  • Interest0¢$65
  • Profit7¢$431.9K

Out of $6.5M in revenue.2

Where each dollar of operating cash went, fiscal 2022

  • Capital spending35¢$154.6K
  • Kept or used elsewhere65¢$292.3K

Out of $446.9K of cash from operations.2

Financial statements

Revenue4567892$6.5M in 2022+36% since 2015
0$2.0M$4.0M$6.0M$8.0M2015: $4.8M$4.8M20152016: $3.8M$3.8M2016−21%2017: $3.6M$3.6M2017−4%2018: $3.6M$3.6M2018−0%2019: $3.6M$3.6M2019−1%2020: $3.9M$3.9M2020+10%2021: $4.9M$4.9M2021+23%2022: $6.5M$6.5M2022+34%
Gross profit4567892$1.8M in 2022+37% since 2015
0$500.0K$1.0M$1.5M$2.0M2015: $1.3M$1.3M20152016: $1.1M$1.1M2016−13%2017: $1.2M$1.2M2017+7%2018: $1.1M$1.1M2018−7%2019: $1.1M$1.1M2019−4%2020: $1.1M$1.1M2020+5%2021: $1.3M$1.3M2021+16%2022: $1.8M$1.8M2022+37%
Operating income4567892$407.5K in 2022
-$400.0K-$200.0K0$200.0K$400.0K$600.0K2015: -$298.4K-$298.4K20152016: -$240.0K-$240.0K2016−20%2017: $47.8K$47.8K20172018: -$19.0K-$19.0K20182019: $17.5K$17.5K20192020: $47.5K$47.5K2020+171%2021: $96.5K$96.5K2021+103%2022: $407.5K$407.5K2022+322%
Net income4567892$431.9K in 2022
-$400.0K-$200.0K0$200.0K$400.0K$600.0K2015: -$299.4K-$299.4K20152016: -$243.1K-$243.1K2016−19%2017: $33.3K$33.3K20172018: -$38.4K-$38.4K20182019: $41.0K$41.0K20192020: $42.5K$42.5K2020+4%2021: $258.3K$258.3K2021+507%2022: $431.9K$431.9K2022+67%
Fiscal year20152016201720182019202020212022
Revenue$4.8M4$3.8M5$3.6M6$3.6M7$3.6M8$3.9M9$4.9M2$6.5M2
Cost of revenue$3.5M4$2.7M5$2.4M6$2.5M7$2.5M8$2.8M9$3.6M2$4.7M2
Gross profit$1.3M4$1.1M5$1.2M6$1.1M7$1.1M8$1.1M9$1.3M2$1.8M2
Research and development$200.8K4$222.1K5$227.1K6$183.6K7$91.7K8$117.5K9$102.3K2$101.8K2
Operating expenses$1.3M2
Operating income-$298.4K4-$240.0K5$47.8K6-$19.0K7$17.5K8$47.5K9$96.5K2$407.5K2
Interest$04$3.2K5$8.5K6$5.0K7$3.7K8$1.2K9$02$652
Income tax$04$05$06$07$08$09$02$02
Net income-$299.4K4-$243.1K5$33.3K6-$38.4K7$41.0K8$42.5K9$258.3K2$431.9K2

Compare AMERITYRE CORP with another company

Corporate structure

AMERITYRE CORP sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of AMERITYRE CORP

  • AMERITYRE CORP Boulder City, Nevada

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What AMERITYRE CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Machinery and equipment$3.1M2 Jun 30, 2022$2.9M2 Jun 30, 2021+6.3%
Furniture and fixtures$76.5K2 Jun 30, 2022$73.4K2 Jun 30, 2021+4.2%
Computer equipment and software$233.5K2 Jun 30, 2022$233.5K2 Jun 30, 20210%
Leasehold improvements$289.6K2 Jun 30, 2022$286.9K2 Jun 30, 2021+1.0%
Accumulated depreciation$3.7M2 Jun 30, 2022$3.7M2 Jun 30, 2021+1.3%
Property and equipment, net$249.7K2 Jun 30, 2022$110.1K2 Jun 30, 2021+126.8%
Operating-lease assets (leased space)$385.4K2 Jun 30, 2022$544.1K2 Jun 30, 2021−29.2%

Real estate and locations

ItemLatestA year beforeChange
Area of real estate49,200 sq ft2 Jun 30, 202249,200 sq ft9 Jun 30, 20210%
Area of land4 acres2 Jun 30, 20224 acres9 Jun 30, 20210%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$805.2K2 Jun 30, 2022$516.2K2 Jun 30, 2021+56.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$58.2K2 Jun 30, 2022$76.0K2 Jun 30, 2021−23.4%
Accumulated amortization$429.4K2 Jun 30, 2022$411.7K2 Jun 30, 2021+4.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$853.8K2 Jun 30, 2022$659.3K2 Jun 30, 2021+29.5%
Raw materials$769.3K2 Jun 30, 2022$416.7K2 Jun 30, 2021+84.6%
Finished goods$403.5K2 Jun 30, 2022$525.6K2 Jun 30, 2021−23.2%

Leadership

Who has led AMERITYRE CORP, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (23)

Former names

  • AMERICAN TIRE CORPOct 15, 1996 to Jan 29, 20013

Timeline

  1. Jan 13, 20228-K Executive or director change43
  2. Dec 8, 20218-K Bylaws or fiscal year changed; Shareholder vote; Regulation FD disclosure44
  3. Aug 31, 2009New chief executive Michael J. Kapral Jr. becomes CEO13
  4. Sep 4, 2007New chief executive Gary N. Benninger becomes CEO14
  5. Jul 5, 2006New chief executive Richard A. Steinke becomes CEO15

Filings

23 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 2 major events, 13 insider forms, 1 large holders, 3 other. The latest 20:

  1. Oct 25, 2022DEF 14A EDGAR
  2. Oct 21, 202215-12G EDGAR
  3. Sep 19, 202210-K EDGAR
  4. May 13, 202210-Q EDGAR
  5. Feb 28, 20224 EDGAR
  6. Feb 28, 20224 EDGAR
  7. Feb 28, 20224 EDGAR
  8. Feb 28, 20224 EDGAR
  9. Feb 11, 2022SC 13G SCHEDULE FILED TO REPORT ACQUISITION OF BENEFICIAL OWNERSHIP EDGAR
  10. Feb 11, 202210-Q EDGAR
  11. Feb 3, 20224 EDGAR
  12. Feb 3, 20224 OWNERSHIP DOCUMENT EDGAR
  13. Jan 13, 20228-K EDGAR
  14. Dec 8, 20218-K EDGAR
  15. Dec 3, 20214 EDGAR
  16. Dec 3, 20214 EDGAR
  17. Dec 3, 20214 EDGAR
  18. Dec 3, 20214 EDGAR
  19. Nov 15, 202110-Q EDGAR
  20. Nov 2, 20214 EDGAR

The 23 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How AMERITYRE CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARAMERITYRE CORP1
  • CIK0000945828
  • Employer ID (EIN)87-05352071
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inNevada1
  • Fiscal year endsJune 301
  • Industry code (SIC)3011 Tires & Inner Tubes1
  • Business address1501 Industrial Road, Boulder City, NV 890051
  • Phone70229319301
  • Shares outstanding75,787,868 as of Sep 19, 20222
  • Public float$2.1M as of Dec 31, 20212
  • On EDGAR sinceMay 15, 19961
  • Filings706 in all: 4 (299), 8-K (85), 10-Q (51), 3 (32), 10QSB (28), 4/A (27), DEF 14A (20), NT 10-Q (19)1
    All 42 form types

    10-K (17), 10KSB (10), SC 13G (10), UPLOAD (10), CORRESP (9), PRE 14A (8), 10KSB/A (7), NT 10-K (7), 10-Q/A (6), REGDEX (6), SC 13G/A (6), D (5), 10-K/A (4), RW (4), S-8 (4), 10QSB/A (3), 424B3 (3), DEFA14A (3), EFFECT (3), 8-K/A (2), POS AM (2), S-1 (2), S-3 (2), SD (2), 15-12G (1), 25 (1), 3/A (1), 8-A12G (1), DEFR14A (1), NTN 10K (1), PRER14A (1), REGDEX/A (1), S-1/A (1), S-3/A (1)

  • Latest filingsAnnual report (10-K) Sep 19, 2022
    Quarterly report (10-Q) May 13, 2022
    Proxy statement (DEF 14A) Oct 25, 2022
    Latest 8-K (8-K) Jan 13, 2022

Sources

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