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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 Aug 11, 2024 7:06pm
107 Views
Post# 36173734

RE:Earnings!

RE:Earnings! From the Q2 news release,

CEMATRIX is now in the busy infrastructure construction period for the second half of the year and we remain confident that we are on track for another profitable year with positive cashflow from operations," stated Jeff Kendrick, CEO of CEMATRIX.

Last year CEMX made $20.4 mil in Q3 and $19.4 in Q4 resulting in .015c per share profit from each quarter Now in Q3 and Q4 we have large projects that are geared to go in the ground and with improving margins It should at least be .015 c on the low side and .02c on the high side profit per share for each quarter. Best of all next year the company sees a big bump in revenues as more.large projects will go in the ground. Don't forget as we progress thru time we will sign more contracts
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