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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 kingscorpionon May 02, 2023 11:56pm
184 Views
Post# 35426663

RE:RE:My 2 cents on NEWS RELEASE

RE:RE:My 2 cents on NEWS RELEASE So the CEO said the margins will improve greatly Why and how. Well up until recently the contracts were mostly comprised of mostly few $100000 to about a million and so if they had a revenue of $21 mil This means they had to travel to 21 different places to get the job done Cost of moving equipment was greater then what we expected hence the reason why they are reporting small but negative results From this point forward the contracts are bigger dollar amount wise This means the company travels less and will do bigger jobs This will result in travel cost being minimal.hence the margins will improve greatly. Of course there are other points to make that will result in margins improving but you do not like reading long texts
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