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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 Jul 10, 2024 5:52pm
127 Views
Post# 36127280

RE:RE:RE:RE:RE:CEMATRIX Announces $9.7 Million in New Contracts

RE:RE:RE:RE:RE:CEMATRIX Announces $9.7 Million in New ContractsI just wish we can with certainty figure out revenues when they come up with contract announcements and contracts at hand Now, just before the announcement the contracts at hand was I believe $81.4 mil Now we get $9.7 mil contract announcement and the contracts at hand is $84. 6 mil and in earlier announcements the company did mention some contracts will be completed in 2024 but we don't know when and in which quarter. But I all can do is guesstimate. If Q2 last year was $6.4 mil and if the company said revenues will increase in 2024 between 17%-30% then I will put my guesstimate at around $8.5- $9.2 mil I hope it's higher thou. If anyone can guess using math please enlighten us. Todays news as always a great news they already covered the part of contract  that was reduced in revenue in Q4 and we are only in July I think it should and will move up  beyond .50c so pick your spot fast the train is about to leave the station
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