Core Insights - CEMATRIX Corporation has commenced a significant project in North Carolina, marking a key milestone for the company [2][5] - The project involves the installation of cellular concrete, which is expected to take approximately 12 months to complete, subject to adjustments based on contractor requirements [2][5] Company Overview - CEMATRIX is a specialty construction contractor that produces cellular concrete solutions on site, offering cost-effective and innovative solutions for geotechnical construction challenges [3][5] - The company operates through subsidiaries including CEMATRIX (Canada) Inc., MixOnSite USA Inc., and Pacific International Grout Company [5] Product Applications - Cellular concrete has various applications, including lightweight engineered fill, retaining wall fill, insulating road subbase, and underwater fills [4]

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].

CALGARY, Alberta, May 07, 2025 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSX: CEMX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company") a specialty construction contractor that produces cellular concrete solutions on site and is a leading manufacturer and supplier of cellular concrete in North America announced the release of its consolidated financial results for the quarter ended March 31, 2025. “Our first quarter revenues were $6.6 million versus $8.4 million last year. This level of activity was consistent wit ...

CALGARY, Alberta, April 30, 2025 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSX: CEMX) (OTCQB:CTXXF) ("CEMATRIX" or the "Company"), a specialty construction contractor that produces cellular concrete solutions on site and is a leading manufacturer and supplier of cellular concrete in North America today announced that it will release its consolidated financial results for the first quarter ended March 31, 2025, after the market closes on May 7, 2025. Management will host a webinar at 1:00 p.m. ET on Thursday ...