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 > New record highs coming!, maybe

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Comment by tony08on Feb 08, 2024 3:30pm

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Post# 35870810

RE:RE:RE:New record highs coming!, maybe

I hope your predictions for Q4 are accurate King....I remembered Jeff quoting the amount of revenue at which they break even and start making more profits.

I went back to watch the webcast and it was at the 43rd minute that he mentioned it: They must make $27M to $30M in revenue to break even.

After the first nine months of 2023, they already have $33.7M in revenue and $2.1M in EBITDA compared to minus -($2.7M) in EBITDA for the full year 2022.......If as you claim they do $16M to $18M in Q4.....How much will the EBITDA be for the full year 2023....

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