CEMATRIX Corp T.CEMX

Alternate Symbol(s): CTXXF

Industrials Engineering & Construction

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

CEMATRIX Corp > BIG PROJECT THIS YEAR

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Comment by LongTerm3on Apr 11, 2024 12:36pm

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Post# 35983591

RE:BIG PROJECT THIS YEAR

Question - why cant they book revenues as a % of completion. Ex. if they received a check for 25% of the project upfront, and completed the 25% why do they have to wait until the project is complete to show revenue?

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