CEMATRIX Corp T.CEMX

Alternate Symbol(s): CTXXF

Building Materials Building Materials

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.

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CEMATRIX Corp > Solid Q3 Likely

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Comment by AYCEBuffetton Oct 25, 2024 12:11pm

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Post# 36282196

RE:RE:RE:RE:RE:RE:RE:Solid Q3 Likely

They are talking about $6M in signed contracts so yes it would be in Q4 or in 2025.

Read the press release:

“With the addition of these new contracts net of sales to the end of September, our current backlog now stands at $74.7 million.”

Thus they are only factoring in Q3 sales (October irrelevant), implying that backlog at end of September was $68M. Meaning $16M sales. I guess time will tell if this is correct.

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