Cematrix Corporation V.CVX

Alternate Symbol(s): CTXXF

Building Materials Building Materials

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).

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Cematrix Corporation > CEMATRIX Announces $6.5 Million In New Contracts

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Comment by kingscorpionon Oct 16, 2023 10:46am

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Post# 35685284

RE:CEMATRIX Announces $6.5 Million In New Contracts

So they way I see it is that They had $107 mil in contracts and now with this NR down to $93 mil and change so it seems they should make minimum $14 mil in Q3 which is very good The cost per quarter is $7.5 mil which brings the gross profit to $6 5 mil and 25% of $6.5 is $1.5 mil net profit. With this the Q4 is also going to be very good because if they make $14 mil in Q3 this means the revenue to the end of Q3 will be around $27 mil but the company has said they have over $40 mil contracted for 2023 which means the Q4 will be at least $14 mil as well Correct me if I am wrong

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