CEMATRIX Announces 2025 Second Quarter Financial Results

Core Viewpoint - CEMATRIX Corporation reported its best Q2 in company history, achieving record revenues, improved margins, and strong cash flow generation [1][2]. Financial Performance - Q2 revenues reached $10.6 million, a 66% increase from $6.4 million in the same quarter last year [4]. - Adjusted EBITDA for the quarter was $2.4 million, compared to a loss of $0.5 million in Q2 2024, marking a 580% improvement [4]. - Gross margin increased to $4.1 million, a 273% rise from $1.1 million in Q2 2024, with gross margin percentage rising from 17% to 39% [4]. - Cash flow from operating activities was $2.4 million, significantly up from a negative $0.5 million in Q2 2024 [4]. - The company ended the quarter with a cash position of $8.6 million [2]. Business Highlights - CEMATRIX executed a normal course issuer bid (NCIB), purchasing over 700,000 shares, reducing the outstanding share count for the first time [2]. - The company announced $9.7 million in new contracts on April 17, 2025, and additional contracts totaling $5.7 million and $5.1 million in May and July, respectively [6]. - The company is focused on delivering quality solutions for geotechnical construction challenges and anticipates a busy third quarter [3][2]. Company Overview - CEMATRIX specializes in producing cellular concrete solutions and is a leading manufacturer in North America [1][8]. - The company operates through subsidiaries including CEMATRIX (Canada) Inc., MixOnSite USA Inc., and Pacific International Grout Company [10].