Cemtrex(US:CETX)2026-02-17 21:16Revenue Performance - Security segment revenues increased by $57,829 or 1% to $5,511,528 for the three months ended December 31, 2025, compared to $5,453,699 for the same period in 2024[147] - Industrial Services segment revenues increased by $2,324,956 or 28% to $10,611,156 for the three months ended December 31, 2025, compared to $8,286,200 for the same period in 2024[148] Profitability - Gross profit for the three months ended December 31, 2025, was $5,621,866 or 35% of revenues, down from $5,701,936 or 41% of revenues for the same period in 2024[149] Expenses - General and administrative expenses increased by $833,302 or 12% to $7,926,591 for the three months ended December 31, 2025, primarily due to a one-time write-off of obsolete equipment[152] - Research and Development expenses decreased by $388,648 or 44% to $501,435 for the three months ended December 31, 2025, compared to $890,083 for the same period in 2024[153] - Other expense for the three months ended December 31, 2025, was $17,515,652, down from $26,265,257 for the same period in 2024, mainly driven by interest expense[155] Working Capital and Cash Flow - Working capital increased to $24,748,544 at December 31, 2025, compared to $5,184,339 at September 30, 2025, due to cash raised from equity offerings[158] - Cash provided by financing activities was $17,305,299 for the three months ended December 31, 2025, compared to $2,387,449 for the same period in 2024[162] Trade Receivables - Trade receivables decreased by $3,431,109 or 26% to $9,702,315 at December 31, 2025, from $13,133,424 at September 30, 2025[160] Credit Facilities - The Company has secured a line of credit for its Vicon brand with available capacity of approximately $420,000 as of December 31, 2025[164]