Core Viewpoint - Cemtrex, Inc. has acquired Richland Industries to expand its Advanced Industrial Services platform into a rapidly growing industrial region in the U.S. [1][8] Group 1: Acquisition Details - The acquisition includes all assets of Richland Industries and establishes a new subsidiary, AIS Tennessee, to operate the business [1][6] - AIS purchased the business assets and property for $5.5 million and assumed certain operating liabilities, financed through loans from Fulton Bank [7] Group 2: Financial Performance - AIS has grown from approximately $21 million in annual revenue in fiscal 2022 to approximately $38 million in fiscal 2025, maintaining consistent gross margins and operating profitability [2] - AIS Tennessee is expected to contribute approximately $8 to $10 million in revenue over the next twelve months based on historical performance and current backlog [6] Group 3: Strategic Importance - The acquisition enhances AIS's capabilities in fabrication, mechanical installation, and industrial services, with a contracted backlog providing near-term revenue visibility [3] - The Pulaski, Tennessee property includes a 70,000 square foot facility on 25 acres, allowing for future expansion and direct access to key Southeastern markets [4][5] Group 4: Long-term Vision - This acquisition marks the fourth owned industrial property in the AIS portfolio, aligning with the company's strategy to own critical real estate to reduce execution risk and support long-term growth [5] - The establishment of AIS Tennessee is seen as a natural extension of AIS's efforts to build scale and deploy a proven operating framework in a new region [6]

Hauppauge, NY, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Cemtrex, Inc. (Nasdaq: CETX, CETXP) announced today that its wholly owned subsidiary, Advanced Industrial Services (AIS), has been awarded a mechanical contract valued at approximately $3.9 million, inclusive of approved alternates, as part of the Berks County Steam Plant Decentralization Project in Pennsylvania. The award represents a meaningful multi-year infrastructure project for AIS and adds to the company’s growing portfolio of municipal and institution ...

Core Viewpoint - A U.S. judge has ordered the founder and former CEO of Cemtrex to pay $9.7 million in ill-gotten gains and interest due to a case brought by the U.S. Securities and Exchange Commission [1] Company Summary - The case involves Cemtrex, a manufacturing firm, highlighting issues of financial misconduct within the company [1] - The ruling reflects the legal consequences faced by executives in cases of financial impropriety [1]

Core Viewpoint - Cemtrex, Inc. has announced a definitive agreement to purchase approximately 1,469,507 shares at a price of $2.722 per share, expecting gross proceeds of $4 million [1]. Group 1: Transaction Details - The transaction is expected to close on or about January 9, 2025, pending customary closing conditions [2]. - The net proceeds from the offering will be used for general corporate purposes, including working capital and potential acquisitions [2]. Group 2: Regulatory Information - The offering is made under an effective shelf registration statement on Form S-3, previously filed with the SEC and declared effective on February 3, 2025 [3]. - A final prospectus supplement and accompanying prospectus will be filed with the SEC, providing detailed terms of the offering [3]. Group 3: Company Overview - Cemtrex, Inc. operates in the Security, Industrial, and Aerospace & Defense sectors, providing advanced security technology and industrial services [6]. - The Security segment, led by Vicon Industries, offers video management software and integrated surveillance solutions [6]. - The Industrial segment provides specialized services such as rigging and equipment installation, while the Aerospace & Defense segment focuses on engineering and instrumentation solutions [6].

Core Viewpoint - Cemtrex, Inc. has completed the acquisition of Invocon, Inc., marking the launch of its Aerospace & Defense segment, which is supported by established relationships with the U.S. government and prime contractors [1][6]. Company Overview - Cemtrex, Inc. is a diversified industrial and technology company operating in the Security, Industrial, and Aerospace & Defense sectors [8][9]. - The Aerospace & Defense segment, now anchored by Invocon, focuses on mission-critical engineering, instrumentation, and sensing solutions for aerospace, defense, and space-based programs [9]. Acquisition Details - Invocon, Inc. is a Texas-based aerospace and defense engineering firm with nearly four decades of experience in advanced instrumentation and telemetry systems [2]. - The acquisition includes 100 percent of Invocon's issued and outstanding shares, allowing Invocon to leverage Cemtrex's capital resources and public-company infrastructure [7]. Financial Performance - Invocon has generated average annual revenues of approximately $7.4 million and operating income of about $1.7 million, indicating a profitable business model [3]. Strategic Contracts - Invocon has been awarded contracts under the Missile Defense Agency's SHIELD program, which has a total program ceiling of up to $151 billion, aimed at enhancing missile defense capabilities [4]. Industry Context - The U.S. defense environment is experiencing a shift towards missile defense and resilient sensing systems due to increased global conflict and strategic competition [5]. - There is a growing demand for flight-proven engineering capabilities in both defense and commercial space sectors [5]. Future Priorities - Post-acquisition, Cemtrex aims to maintain continuity with Invocon's customers, expand proposal activities in missile defense and aerospace programs, and explore additional strategic opportunities [7].

Market Overview - U.S. stocks experienced a decline, with the Dow Jones index falling over 100 points, down 0.22% to 48,353.51, NASDAQ slipping 0.16% to 23,436.70, and S&P 500 dropping 0.13% to 6,896.56 [1] - Energy shares rose by 0.6%, while consumer discretionary stocks fell by 0.3% [1] Commodity Prices - Oil prices increased by 0.5% to $58.34, gold rose by 0.9% to $4,383.10, silver surged 7.2% to $75.515, and copper climbed 2.6% to $5.7105 [5] European Market Performance - European shares showed positive movement, with the eurozone's STOXX 600 gaining 0.53%, Spain's IBEX 35 Index rising 0.85%, London's FTSE 100 up 0.70%, Germany's DAX 40 increasing by 0.57%, and France's CAC 40 rising 0.63% [6] Asian Market Performance - Asian markets closed mostly lower, with Japan's Nikkei 225 down 0.37%, Hong Kong's Hang Seng Index up 0.86%, China's Shanghai Composite slightly down by 0.004%, and India's BSE Sensex falling 0.02% [7] Company-Specific Movements - FONAR Corporation shares surged 28% to $18.82 following confirmation of a take-private deal [8] - Autonomix Medical, Inc. shares increased by 30% to $0.6943 after receiving a patent grant [8] - Cemtrex, Inc. shares rose 40% to $2.9500 as the company returned to profitability [8] - Flushing Financial Corporation shares dropped 8% to $15.46 amid a merger announcement and strategic investment [8] - New Era Energy & Digital, Inc. shares fell 23% to $2.07 following a lawsuit response [8] - OceanFirst Financial Corp. shares decreased by 6% to $18.42 after announcing an acquisition plan for Flushing [8] Economic Indicators - The Case-Shiller Home Price Index increased by 1.3% year-over-year in October, slightly down from a 1.4% increase in the previous month and above market estimates of 1.1% [10] - The FHFA house price index rose 0.4% in October, following a 0.1% decline in September, and compared to market estimates of a 0.1% increase [10] - The Chicago Business Barometer surged to 43.5 in December from 36.3 in the previous month, exceeding market expectations of 39.5 [10]

Shares of Cemtrex Inc. (NASDAQ:CETX) climbed over 40% in trading after the bell on Monday, as investors cheered the firm’s return to profitability and shrugged off a going-concern warning that had dragged down its shares earlier in the day. Check out the current price of CETX here.FY Results Signal Hope?For the year ended Sept. 30, the company reported a revenue increase to $76.5 million from $66.9 million the previous year but recorded a net loss of $28.3 million. The security segment saw a 20% revenue inc ...

Stock Splits and Compliance - The Company completed a 60:1 reverse stock split on October 2, 2024, followed by a 35:1 reverse stock split on November 26, 2024, and a 15:1 reverse stock split on September 29, 2025, with all share data retroactively adjusted [15]. - The Company regained compliance with Nasdaq's Minimum Bid Price Requirement on December 11, 2024, after previously receiving a notification for non-compliance due to a closing bid price below $1.00 for 30 consecutive trading days [16]. - As of January 2, 2025, the Company reported stockholders' equity of $4,710,677, which brought it back into compliance with Nasdaq's Minimum Stockholder's Equity Requirement of $2,500,000 [20]. - The Company received a deficiency letter from Nasdaq due to its Common Stock closing bid price being below $1.00 for 30 consecutive trading days, risking delisting if compliance is not regained by December 11, 2024 [178]. - The Company was notified that its stockholder's equity fell below the required $2,500,000 for continued listing on Nasdaq, necessitating compliance by February 17, 2025 [179]. - The Company may face delisting from Nasdaq if it fails to meet ongoing financial and liquidity standards, which could adversely affect stock trading and capital raising efforts [184]. Financial Performance and Capital Raising - The Company raised gross proceeds of $10,035,293 from a public offering on May 3, 2024, selling 11,764,705 Units and 11,210,000 Pre-Funded Units, with underwriting discounts and expenses totaling $995,333 [25]. - The Company raised $2,000,000 in a registered direct offering on December 11, 2025, selling 310,000 shares at $3.00 per share and pre-funded warrants at $2.999 per warrant [35]. - The Company issued 330,000 shares of common stock at $2.50 per share and pre-funded warrants for 470,000 shares at $2.499 per warrant, raising gross proceeds of $2,000,000 [36]. - The company raised approximately $12.5 million in net proceeds through equity financing in May 2024 and anticipates an additional $2.4 million from the exercise of Series B warrants [70]. - The Company anticipates needing significant additional capital for operations and research, which may lead to dilution of existing stockholders' ownership [176]. Debt and Liabilities - The Company issued a Promissory Note for $7,025,000 on November 7, 2025, with an interest rate of 8% per annum starting January 1, 2026, intended for potential acquisitions [30]. - As of September 30, 2025, the company has approximately $5.0 million in cash and total indebtedness of about $16.8 million, which includes notes payable of $8.5 million and a revolving line of credit of $3.2 million [70][77]. - Approximately $12.1 million of the company's total debt is classified as current, which may impact its ability to meet obligations [77]. - As of September 30, 2025, the company reported total consolidated liabilities of approximately $39.1 million [167]. Operational Challenges and Market Conditions - The Company reported substantial losses of $28.3 million and $7.6 million for fiscal years 2025 and 2024, respectively, raising doubts about its ability to continue as a going concern [69]. - The company incurred net losses of $28.1 million in 2025, with an accumulated deficit of $99.4 million as of September 30, 2025, indicating ongoing financial challenges [74]. - The company operates in a cyclical business, leading to significant fluctuations in demand for its products, which can adversely affect profitability [97]. - Sales and gross margins are highly dependent on market demand, with potential declines in demand resulting in significant losses [98]. - Factors affecting the company's operations include economic conditions, legislative policies, and the success of strategic growth initiatives [99]. - The company may need to adjust staffing and manage expenses closely to meet anticipated customer demand, which could lead to higher inventory levels and increased financing needs [100]. - Intense competition and rapid technological changes pose risks to the company's sales revenues and gross margins, potentially leading to protracted losses [101]. - The company may need to reduce prices in response to competitive pressures, which could negatively impact profit margins and overall financial performance [102]. Strategic Growth and Acquisitions - The Company aims to grow in high-growth markets with significant long-term opportunities, focusing on attractive returns on shareholder equity [37]. - The Company is focused on strategic acquisitions and expanding its products and services to enhance income sources and competitive advantage [39]. - The Company entered into a Share Purchase Agreement to acquire Invocon, Inc. for $7,060,000, expected to close around January 1, 2026, establishing a new reporting segment in Aerospace & Defense [31]. - The Company intends to use net proceeds from its recent offering for working capital and potential future acquisitions [36]. - The company is continuously looking to fund acquisitions, but failure to raise funds may slow down growth [139]. Technology and Intellectual Property - The Company has developed proprietary technologies and holds multiple patents, continuing to invest in research and development [44]. - The company holds only six issued patents, with two in the United States and four in Canada, and may face challenges in obtaining additional patents [126]. - The company may not have sufficient financial resources to defend its intellectual property rights, which could adversely affect its business [131]. Employee and Operational Structure - The Company employs around 240 full-time employees, with 34 in engineering, 128 in manufacturing and field service, and 82 in administrative, sales, and marketing functions [52]. - The Company has generally maintained sufficient availability of raw materials, but logistic delays and labor shortages have extended lead times beyond normal [119]. Cybersecurity and Compliance Risks - The company faces significant cybersecurity risks, including potential data breaches that could harm its reputation and financial results [109]. - Compliance with evolving data security regulations may incur additional costs and impact the company's operations [117]. - The Company has not identified any material cybersecurity threats that could impact its business or financial statements as of September 30, 2025 [191]. - The company has ongoing requirements to comply with the SEC Order, and any future violations could result in harsher sanctions [122]. Shareholder and Market Dynamics - The Company has approximately 90% of its outstanding voting shares controlled by Saagar Govil, which limits public stockholders' influence over corporate affairs [144]. - The public trading market for the common stock may be limited, affecting liquidity and resale value [169]. - The Company may face a decline in stock price and trading volume if securities or industry analysts do not publish research or provide unfavorable reports about its business [172]. - If the Company's Common Stock price falls below $5.00, it may be classified as a penny stock, leading to increased trading difficulties and regulatory requirements [173]. - The SEC's Regulation Best Interest may limit broker-dealers' ability to recommend the Company's securities, potentially reducing trading activity [174]. Inventory and Cost Management - The Company classifies inventory markdowns as a component of cost of goods sold, which are estimates that could vary significantly [211]. - The Company values inventory at the lower of cost or net realizable value, using the average cost method [210].

Core Insights - Cemtrex, Inc. achieved a full-year operating profit and reported revenue of $76.5 million for fiscal year 2025, marking a 14% increase year-over-year from $66.9 million in fiscal year 2024 [1][6] - The company returned to positive operating income of $0.5 million, an improvement of $5.8 million from an operating loss of $5.3 million in the previous year [6][10] Financial Performance - Revenue for the Security segment reached $38.4 million, a 20% increase from $31 million in fiscal year 2024 [6] - Revenue for the Industrial Services segment increased to $38 million, up 9% from $34.8 million in fiscal year 2024 [6] - Gross profit for fiscal year 2025 was $32.3 million, representing 42% of revenues, compared to $27.5 million or 41% of revenues in fiscal year 2024 [6] Segment Performance - The Industrial Services segment experienced revenue growth due to sustained demand across manufacturing, infrastructure, and industrial end markets [4] - The Security segment's revenue growth was supported by enterprise and government customers [5] Balance Sheet and Liquidity - The company reduced outstanding debt by approximately $7.8 million and improved liquidity by about $9 million, enhancing financial flexibility for operations and growth initiatives [7] - Capital and balance sheet actions were taken to remove structural constraints and position the company for future growth [8] Growth Strategy - Cemtrex is pursuing two acquisitions, one under contract and the other under a letter of intent, which are expected to close soon [9] - The company plans to continue pursuing additional acquisitions in 2026 to enhance scale, margins, and operating leverage [9] - Management views fiscal year 2025 as a culmination of a significant operating transformation, with revenue growth from approximately $45 million in fiscal year 2022 to over $76 million in fiscal year 2025 [10] Future Outlook - The company aims to scale operating leverage as the core business is now profitable, with a focus on integrating acquisitions and organic growth to compound operating income [11]

Company Overview - Cemtrex, Inc. (NASDAQ:CETX) operates in the SaaS industry, primarily through its security business, Vicon, which provides video management software [2] - The company is nearing the completion of an acquisition of a Texas aerospace and defense engineering company, while also terminating an acquisition of a robotics integration firm [2] - Cemtrex has signed a Letter of Intent (LOI) to acquire an industrial services business in Tennessee [2] Product Development - Cemtrex has begun shipping units of its NEXT product line, which consists of AI-powered modular cameras designed to reduce installation times and provide edge analytics capabilities [3] - The company is committed to Vicon's long-term transformation through software and AI-enabled offerings [3] Financial Activities - On December 11th, Cemtrex issued just under 4.8 million shares to meet certain debt requirements and raise capital [3] - The acquisition of Texas-based Invocon is expected to enhance Cemtrex's presence in the aerospace and defense industry [3]