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Cematrix Corporation V.CVX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from formulations across North America. The Company’s cement-based material with superior thermal protection delivers to a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its grout and flowable fill applications include tunnel grouting, annular pipe grout, pipe abandonment, and flowable fill. The Company’s wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), Chicago based MixOnSite USA Inc. (MOS) and Bellingham based Pacific International Grout Company (PIGCO).


TSXV:CVX - Post by User

Post by TopStockBuyon May 29, 2022 9:57pm
191 Views
Post# 34716014

Estimated Revenue for 2022

Estimated Revenue for 2022The last contract announcement in April said there was $21Million in projects that were contracted which I believe they should complete this year.  None of this revenue was in Q1 and also does not include the $16M N. Carolina project starting this spring/summer.  That's puts the year well over $30M, closer to $40M, and they still have $60M+ in backlog contracts in process, which I believe most will be completed by end of 2023.  That would include a $30M tunnel project and another $15M in contracts, and not factoring in any additonal contract awards.  

Bargain at these prices,  but it's a show me story.  I think this is why JK is very confident of a $30M+ year and back to profitability.  




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