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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

Post by kingscorpionon May 02, 2023 11:17am
176 Views
Post# 35425119

My 2 cents on NEWS RELEASE

My 2 cents on NEWS RELEASE So I like the fact that 1st The company states that only $3.6 mil out of $22 mil will be realized in 2023 and the rest in 2024 yet they expect to generate over $35 mil in revenues this year. 2nd The contracts at hand which amounts to $93.2 mil are comprised of larger contracts. The reason IMO they said they expect margins to improve drastically. 3rd This bidding pipeline which is currently $430 mil are comprised of contracts ranging from $1 mil to $28 mil. And is expected to grow Ohh boy if we won that $28 mil project   
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