Recreatives Industries, Inc.

Recreatives Industries, Inc.

RECX
Recreatives Industries, Inc.US flagOther OTC
0.01
USD
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2.21MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Andrew Lapp
Full Time Employees
6
Sector
Consumer Cyclical
Industry
Auto - Recreational Vehicles
Address
1936 59th Terrace E Bradenton FL United States of America 34203
IPO Date
Nov 13, 2023
Business
Recreatives Industries, Inc. engages in the design, manufacture, and sale of amphibious all-terrain vehicles under the MAX brand, targeting consumer and commercial markets in the United States. The company operates as a manufacturer of off-road mobility solutions, with product lines that include MAX six-wheeled amphibious platforms and related accessories, enhancements, and specialized configurations for varied use cases. Headquartered in Bradenton, Florida, Recreatives Industries was established in 1969 and maintains operations focused on internal production capabilities, product development, and direct-to-market and select channel distribution. Main products and services - MAX Amphibious All-Terrain Vehicles (ATVs): flagship six-wheeled, amphibious platforms designed for rugged terrains and aquatic environments, including model variants and configurations tailored to recreational and light commercial applications; associated driving systems, propulsion options, and stability enhancements. - MAX vehicle accessories and attachments: aftermarket and OEM-compatible add-ons such as racks, winches, lighting packages, protective skid plating, and modular payload solutions to expand capability and payload capacity. - Customization and solution engineering: bespoke vehicle configurations for niche use cases, integration of optional drivetrain and control-system enhancements, and collaboration on vehicle adaptations for specific industries. - Spare parts, maintenance, and after-sales support: sourcing of replacement components, service documentation, maintenance tooling, and technical support to sustain vehicle performance. Latest major company changes - Financing and capital asset expansion: announces securing funding to acquire state-of-the-art manufacturing equipment, including laser-cutting capabilities, CNC press braking, and internal welding capacity to expand in-house production and accelerate new model development; the initiative aims to enhance output, broaden product range, and improve cash flow through higher production volumes. - Product and capability expansion plans: signals intent to diversify beyond traditional MAX ATV production into new vehicle formats, including eight-wheeled variants and electric drivetrain implementations, leveraging advancing battery and motor technologies to enable integration into smaller platforms; plans to launch additional models and accessories within a condensed timeline. - Corporate structure and capitalization actions: reports actions toward strengthening the balance sheet and reducing dilution by adjusting authorized share counts, reflecting a focus on prudent capital structure as growth accelerates. Additional context - Industry and segments: recreational and light industrial off-road vehicles; capabilities span consumer recreational use and commercial applications requiring amphibious mobility and all-terrain performance. - Target markets and customers: individual enthusiasts, outdoor recreation operators, municipal or industrial operators requiring rugged transport in challenging terrains or mixed land-water environments. - Geographic footprint: primarily North American operations with manufacturing centered in Florida; distribution channels include direct sales and targeted partnerships. - Corporate relationships: independent subsidiary framework with potential external partnerships for manufacturing equipment and potential suppliers; no public parent company indicated at present. - Founding and headquarters: founded in 1969; headquarters in Bradenton, Florida.

Company News

APIChatGPT
  • Recreatives Industries (OTC: RECX) Places Initial Production Orders for New MAX 4 and Buffalo Truck Platforms

  • Recreatives Industries (OTC: RECX) Places Initial Production Orders for New MAX 4 and Buffalo Truck Platforms

  • RECX Appoints TRL Outdoors to Accelerate MAX ATV Dealer Expansion and Commercial Market Growth

  • RECX Launches TerraTread™ 23-Inch Amphibious Tire for MAX 2; Larger 25-Inch Variant Supports 2026 Expansion

  • Recreatives Industries (OTC: RECX) Secures Funding to Accelerate Production and Cash Flow

  • Recreatives Industries (OTC: RECX) Reduces Authorized Common Shares by Over 50% to Strengthen Shareholder Value and Capital Structure

  • Recreatives Industries (OTC: RECX) Launches Crypto Payment System for Global Sales of MAX Amphibious ATVs, Parts, and Accessories

  • Recreatives Industries (OTC: RECX) Secures $2 Million Dealer Direct Floor Plan to Accelerate MAX ATV Dealer Expansion Nationwide

  • Recreatives Industries (OTC: RECX) Appoints RICAN Off-Road as Exclusive Importer and Distributor for UK, Europe, Northern Ireland, and Falkland Islands

  • Amphibious All-Terrain Vehicle Manufacturer Planet Resource Recovery Long-Term Business Plan with Reg A+ Registration