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CEMATRIX Corp T.CEMX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers 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 applications include retaining wall and bridge approach backfill, roadways and runways, and slope stabilization. Its wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. and Pacific International Grout Company.


TSX:CEMX - Post by User

Comment by TopStockBuyon Aug 13, 2021 11:08am
77 Views
Post# 33700579

RE:RE:RE:RE:Glen from IR department

RE:RE:RE:RE:Glen from IR departmentI agree Crazy...it was a bad quater but it's not really fair to look at revenues quarter by quarter for this business.  They got the contract, that is the sale.  When they can deliver the service and bill for the product makes it difficult to have that consistent quarterly revenue.  Delays are out of their control which is common in contstruction, and Covid just makes it worse.  If they were losing contracts, we would be having a different discussion.  

They are still looking for one or two acquisitions before year end.  This could add synergies to their existing businessa and increase revenue.  As they grow, eventually we'll see more consistant revenue in the $5M+ range per quarter with those larger quarters in the $10M+

GLTA
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