Cemtrex

Cemtrex, Inc. engages in the provision of solutions in the technology industry. It operates through the following segments: Advanced Technologies and Industrial Services. The Advanced Technologies segment delivers technologies for IoT, Wearables and Smart Devices, such as the SmartDesk. The Industrial Services segment offers single-source services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to customers. The company was founded on April 27, 1998 and is headquartered in Brooklyn, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cemtrex reports Q2 revenue growth, launches Anavio security platform

Cemtrex's Q2 2024 performance showed revenue growth but a decline in operating income. The company's Industrial Services segment excelled, while the Security segment faced challenges.
The launch of Anavio and the successful public offering to raise funds were key highlights. Cemtrex aims for profitability through revenue growth and cost management.
Despite challenges, Cemtrex is strategically positioned to leverage opportunities in innovation, financial strengthening, and potential acquisitions for future growth.

Cemtrex reports revenue growth and strategic moves amidst operational challenges

Cemtrex's Q3 2024 performance reflects revenue growth driven by AIS products and services, despite an operating loss attributed to specific challenges.
The company's strategic initiatives, including a public offering and focus on profitability, position it well for future growth and value creation.
Opportunities in the Industrial Services segment and potential acquisitions offer avenues for expansion and enhancing shareholder returns in the long term.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Cemtrex, Inc. engages in the provision of solutions in the technology industry. It operates through the following segments: Security, Industrial Services, and Cemtrex Corporate. The Security segment provides end-to-end security solutions to meet corporate, industrial, and governmental security challenges. The Industrial Services segment offers single-source expertise and services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to diversified customers. The Cemtrex Corporate segment refers to the holding company of the other two segments. The company was founded on April 27, 1998 and is headquartered in Hauppauge, NY.

Brooklyn, NY, Aug. 29, 2023 (GLOBE NEWSWIRE) --  Cemtrex Inc. (Nasdaq: CETX, CETXP), an advanced security technology and industrial services company, has received a $1.5 million order through its Vicon Industries subsidiary for a large correctional facility, and current end-customer, in Maryland to upgrade its security technology system with new Valerus software and hardware. The enterprise-class system installation includes Vicon's state-of-the-art end-to-end Valerus video surveillance security system and Roughneck AI cameras, as well as servers to support a large increase in storage hardware.

Cemtrex Receives $1.5 Million Upgrade Order for Vicon Valerus System from Correctional Facility in Maryland

Brooklyn, NY, Aug. 23, 2023 (GLOBE NEWSWIRE) -- Cemtrex Announces Share Repurchase Program for Series 1 Preferred

Cemtrex Announces Share Repurchase Program for Series 1 Preferred

Cemtrex, Inc. (NASDAQ:CETX ) Q3 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants Saagar Govil - Chief Executive Officer Paul Wyckoff - Chief Financial Officer Conference Call Participants Operator Greetings, and welcome to the Cemtrex Third Quarter 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Cemtrex, Inc. (CETX) Q3 2023 Earnings Call Transcript

Brooklyn, NY, Aug. 10, 2023 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, has reported its financial and operational results for the third quarter ended June 30, 2023.

Cemtrex Reports Third Quarter 2023 Financial Results

Brooklyn, NY, July 26, 2023 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, will hold a conference call on Thursday, August 10, 2023 at 5:00 p.m. Eastern time to discuss its results for the third quarter ended June 30, 2023. A press release detailing these results will be issued prior to the call.

Cemtrex to Host Third Quarter 2023 Financial Results Conference Call on August 10, 2023

Highly Synergistic Acquisition Adds Approximately $11 Million in Revenue, Positive Cash Flow and Expands Capabilities and Customers into New Markets; Transaction Accretive in Fourth Quarter of Fiscal Year 2023 Highly Synergistic Acquisition Adds Approximately $11 Million in Revenue, Positive Cash Flow and Expands Capabilities and Customers into New Markets; Transaction Accretive in Fourth Quarter of Fiscal Year 2023

Cemtrex Closes Acquisition of Heisey Mechanical Ltd. to Expand AIS Industrial Segment

Highly Synergistic Acquisition Adds Approximately $11 Million in Revenue, Positive Cash Flow and Expands Capabilities and Customers into New Markets. Transaction Expected to Close in June 2023 and Be Accretive in Fourth Quarter of Fiscal Year 2023 Highly Synergistic Acquisition Adds Approximately $11 Million in Revenue, Positive Cash Flow and Expands Capabilities and Customers into New Markets. Transaction Expected to Close in June 2023 and Be Accretive in Fourth Quarter of Fiscal Year 2023

Cemtrex to Acquire Mechanical Contracting and Steel Fabrication Company to Expand AIS Industrial Segment

Cemtrex, Inc. (NASDAQ:CETX ) Q2 2023 Earnings Conference Call May 11, 2023 5:00 PM ET Company Participants Saagar Govil – Chief Executive Officer Paul Wyckoff – Chief Financial Officer Conference Call Participants Jason Kolbert – Dawson James Operator Greetings, and welcome to the Cemtrex Second Quarter 2023 Financial Results Conference Call. At this time all participants are in a listen-only mode.

Cemtrex, Inc. (CETX) Q2 2023 Earnings Call Transcript

Cemtrex Inc. (CETX) came out with a quarterly loss of $0.75 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $6.99 per share a year ago.

Cemtrex Inc. (CETX) Reports Q2 Loss, Tops Revenue Estimates

Brooklyn, NY, May 11, 2023 (GLOBE NEWSWIRE) -- Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, has reported its financial and operational results for the second quarter ended March 31, 2023.

Cemtrex Reports Second Quarter 2023 Financial Results

Hauppauge, NY, May 04, 2023 (GLOBE NEWSWIRE) --  Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced it has received a $1.1 million order through Vicon Industries from a current large border protection customer in Texas to develop its security technology system with new solutions, expanding on the customer's $1.5 million order in January 2023.

Cemtrex Secures Additional $1.1 Million Vicon Industries Order from Border Protection Customer in Texas

Brooklyn, NY, April 27, 2023 (GLOBE NEWSWIRE) --  Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, will hold a conference call on Thursday, May 11, 2023 at 5:00 p.m. Eastern time to discuss its results for the second quarter ended March 31, 2023. A press release detailing these results will be issued prior to the call.

Cemtrex to Host Second Quarter 2023 Financial Results Conference Call on May 11, 2023

$0.8 Million in Vicon Surveillance Equipment with Latest Smart Technologies to Better Protect Prisoners, Staff and Public $0.8 Million in Vicon Surveillance Equipment with Latest Smart Technologies to Better Protect Prisoners, Staff and Public

Cemtrex Announces Vicon End-to-End Security System Order for Next Generation Zero-Carbon Prison System in United Kingdom

Brooklyn, NY, March 14, 2023 (GLOBE NEWSWIRE) -- Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced Vicon Industries has released a new suite of AI-based analytics in an enhanced Vicon Roughneck® AI Camera series, further improving its unified VMS platform for controlling video, access control, license plate recognition (LPR), and other integrated applications.

Cemtrex's Vicon Launches New Suite of AI-Based Analytics with Enhanced Lineup of Vicon Roughneck AI Camera Series

Cemtrex, Inc. (NASDAQ:CETX ) Q1 2023 Earnings Conference Call February 14, 2023 5:00 PM ET Company Participants Saagar Govil - Chief Executive Officer Paul Wyckoff - Chief Financial Officer Conference Call Participants Jason Kolbert - Dawson James Larry Holub - Holub Family Office Operator Greetings, and welcome to the Cemtrex First Quarter 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Cemtrex, Inc. (CETX) Q1 2023 Earnings Call Transcript

Q1'23 Revenue Increased 27% to $12.0M, Security Segment Revenues Increased 61% to 7.0M in Q1'23 Q1'23 Revenue Increased 27% to $12.0M, Security Segment Revenues Increased 61% to 7.0M in Q1'23

Cemtrex Reports First Quarter 2023 Financial Results

Brooklyn, NY, Feb. 09, 2023 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, announced today that it has received notice from the Nasdaq Stock Market LLC (Nasdaq) on February 8, 2023 informing the Company that it's common stock has regained full compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market.

Cemtrex Regains Compliance with Nasdaq Listing Requirements

Brooklyn, NY, Feb. 07, 2023 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, will hold a conference call on Tuesday, February 14, 2023 at 5:00 p.m. Eastern time to discuss its results for the first quarter ended December 31, 2022. A press release detailing these results will be issued prior to the call.

Cemtrex to Host First Quarter 2023 Financial Results Conference Call on February 14, 2023

Oragenics

Sientra

The Beauty Health Company

Sitio Royalties Corp

Warby Parker

Clear Secure

As much as we may recognize that short sellers perform a valuable service for the equities market, the concept of targeting short-squeeze stocks to buy just to penalize the pessimists carries cathartic value. Fundamentally, market bears operate like great white sharks.

7 Short-Squeeze Stocks to Buy Before They Soar

Brooklyn, NY , Jan. 23, 2023 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced that the planned split of its outstanding common stock that was to be effective on January 23, 2023 has been postponed until January 25th 2023.

Cemtrex Postpones Reverse Split to January 25th, 2023

Brooklyn, NY, Jan. 20, 2023 (GLOBE NEWSWIRE) --  - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced that effective at 12:01 a.m., EDT, on January 23, 2023, the Company will effect a thirty five-for-one (35 to 1) reverse stock split of its outstanding common stock.

Cemtrex Announces Reverse Split to Regain NASDAQ Compliance

Brooklyn, NY, Jan. 11, 2023 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, today announced it has received a $1.5 million order through Vicon Industries from a current large border protection customer in Texas to expand its security technology system with new security solutions.

Cemtrex Announces $1.5 Million Vicon Industries Order

Cemtrex, Inc. (NASDAQ:CETX ) Q4 2022 Earnings Conference Call January 5, 2023 5:00 PM ET Company Participants Saagar Govil - CEO Paul Wyckoff - CFO Conference Call Participants Jason Kolbert - Dawson James Richard Mishkin - GRF Capital Investors Operator Greetings and welcome to the Cemtrex Fourth Quarter and Full Fiscal Year 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Cemtrex, Inc. (CETX) Q4 2022 Earnings Call Transcript

Fiscal Full Year 2022 Revenue Increased 17% to a $50.3M Fiscal Full Year 2022 Revenue Increased 17% to a $50.3M

Cemtrex Reports Fourth Quarter and Full Fiscal Year 2022 Financial Results

20 Year Operations Veteran to Lead Operational Growth, Oversee Sales and Engineering, and Spearhead Efficiency Initiatives 20 Year Operations Veteran to Lead Operational Growth, Oversee Sales and Engineering, and Spearhead Efficiency Initiatives

News for Cemtrex Stock (CETX)