CEMATRIX Announces $5.7 Million in New Contract Awards

Core Viewpoint - CEMATRIX Corporation has secured $5.7 million in new contract awards, enhancing its backlog and reflecting a strong start to the year for its sales teams [1][2]. Company Overview - CEMATRIX is a specialty construction contractor that produces cellular concrete solutions on site, recognized as a leading manufacturer and supplier of cellular concrete in North America [1][3]. - The company offers cost-effective and innovative solutions to complex geotechnical construction challenges, utilizing a flowable, self-leveling, cement-based material with insulating properties [3]. Contract Award Details - The recent contract awards are expected to bolster the company's backlog and are indicative of customer confidence in CEMATRIX's ability to deliver quality solutions for geotechnical construction needs [2]. - The new contracts include a significant project for tunnel grouting applications, along with several small to mid-sized projects for lightweight fill applications in Canada and the US [8]. Financial Health - CEMATRIX is characterized as an early-stage growth company with significant revenue, positive EBITDA, and positive cash flow from operations, supported by a healthy balance sheet [5].