RE:RE:Net buyingTopStockBuy wrote:
21M is what is contracted after Q1 and to be completed this year as per April 6th NR. Including Q1 that's 26M plus we're expecting $16M N Carolina project confirmed in Q1 release. The $16M is definitely not part of the $21M as he stated they were all under $1M projects. We're on target for a $40M year... assuming the $16M project is completely by end of Q4 which it may not be. CALGARY, Alberta, April 06, 2022 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company") a North American leading manufacturer and supplier of technologically advanced cellular concrete products announced that its wholly owned operating subsidiaries, which include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. (MOS) and Pacific International Grout Company (PIGCO) have executed $4.1 million in new contracts, none of which was previously characterized as contracts in process. Factoring in these $4.1M in new contracts, the converted contracts and the sales completed to date, the Corporations backlog now totals $82.1 million. $20.9 million of the Corporations backlog is Contracted and $61.2 million is Contracts in Process. These new contracts mainly represent new projects of various sizes all under $1 million, and all of which are scheduled to be completed in the current year, stated Jeff Kendrick, CEMATRIX President and CEO. These new projects are infrastructure related and are situated throughout the United States and Canada. As expected, bid activity for infrastructure and tunnel projects throughout North America continues to remain strong and even with recent supply chain issues, we continue to be informed by our customers that they dont expect any further COVID delays.
Lots of upside from here.