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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

Comment by kingscorpionon Sep 08, 2023 2:38pm
69 Views
Post# 35626637

RE:backlog 3x 2022 revenue

RE:backlog 3x 2022 revenueI agree Tan. The fact is the company stacked up all their big projects to go in the ground one after another and quarter after quarter starting in Q3 this year and going into Q1 of next year If there's no booboo, we should do over $40 mil this year. The Q1 of next year will also have their highest revenue in the history of the company with the $19 mil project going in the ground. Will it be the only project thou in Q1? and sets itself up perfectly for another all time high revenue in 2024. Why we are still sitting at these levels when the company has turned the corner and many catalysts are apparent? My guess is McWhirter wants in and the market makers are holding the price at current levels
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