Workflow
Integrated surveillance solutions
icon
Search documents
Cemtrex, Inc. Announces $4 Million Registered Direct Offering
Globenewswire· 2026-01-09 16:23
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].
Cemtrex Completes Acquisition of Invocon, Launches Aerospace & Defense Segment and Expands Participation in Missile Defense Modernization
Globenewswire· 2026-01-08 21:10
Hauppauge, NY, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Cemtrex, Inc. (Nasdaq: CETX), a diversified industrial and technology company, today announced the completion of its acquisition of Invocon, Inc., a Texas based aerospace and defense engineering firm. The closing follows recent operational momentum across the company and marks the formal launch of Cemtrex’s Aerospace & Defense segment, anchored by a profitable, mission critical platform with long-standing U.S. government and prime contractor relationships. In ...
Cemtrex Reports Full Fiscal Year 2025 Financial Results
Globenewswire· 2025-12-29 21:10
Company Achieves Full-Year Operating Profit and $76.5 Million in Revenue, Up 14% Year-Over-YearHauppauge, NY, Dec. 29, 2025 (GLOBE NEWSWIRE) -- — Cemtrex, Inc. (Nasdaq: CETX, CETXP) (“Cemtrex” or the “Company”), a diversified technology company operating in security and industrial markets, today reported financial results for its fiscal year ended September 30th, 2025, headlined by a return to operating profit for the year. Key Highlights for Fiscal Year 2025 Revenue for FY 2025 achieved $76.5 million, comp ...
Cemtrex, Inc. Announces $2 Million Registered Direct Offering
Globenewswire· 2025-12-11 14:15
Core Viewpoint - Cemtrex, Inc. has entered into a definitive agreement to sell approximately 666,667 shares at a price of $3 per share, expecting gross proceeds of $2 million [1][2]. Group 1: Transaction Details - The transaction is anticipated to close on or about December 11, 2025, pending customary closing conditions [2]. - The net proceeds from the offering will be utilized for general corporate purposes, including working capital and potential acquisitions [2]. Group 2: Regulatory Information - The offering is conducted under an effective shelf registration statement on Form S-3, previously filed with the U.S. Securities and Exchange Commission (SEC) [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 and Industrial sectors, with its Security segment providing advanced video management software and integrated surveillance solutions [6]. - The Industrial segment offers expert services such as rigging and equipment installation to manufacturers across the nation [6]. - The company emphasizes innovation, execution, and strategic growth to enhance safety, efficiency, and value for customers and shareholders [6].
Cemtrex Highlights Profitability Focus, Strategic Transformation, and Progress Toward Portfolio Expansion
Globenewswire· 2025-12-11 13:00
Core Viewpoint - Cemtrex, Inc. is undergoing a multi-year transformation aimed at expanding operating income, improving margins, and building a scalable enterprise [1] Group 1: Acquisition Strategy - The company is in the final stages of closing the acquisition of Invocon, a Texas-based aerospace and defense engineering firm, which is expected to enhance technology capabilities and contribute positively to operating income starting in fiscal 2026 [2] - Cemtrex has signed a new letter of intent to acquire a Tennessee-based industrial services business, which will extend the geographic footprint of its Advanced Industrial Services segment and is expected to enhance long-term earnings power [4] - The company previously decided not to proceed with the acquisition of a robotics integration firm, emphasizing a disciplined approach to acquisitions focused on profitability [3] Group 2: Operational Focus - Cemtrex is prioritizing profitability across its operating segments, with a focus on profitable growth and strengthening its earnings base [5] - The Advanced Industrial Services segment is maintaining solid performance with recurring customer activity and is emphasizing higher-margin work and geographic expansion [7] - Vicon Industries, part of Cemtrex's Security segment, has begun shipping units of its NEXT product line, with a focus on improving margins and driving efficiency through software and AI-enabled offerings [7] Group 3: Future Outlook - The company plans to continue pursuing additional acquisitions that align with its strategy to expand earnings scale and enhance strategic capabilities [5] - Cemtrex is committed to building a more resilient and higher-margin business, laying a foundation for long-term shareholder value [5]
Cemtrex Enters into Agreement to Acquire Invocon, Adding Proven Aerospace & Defense Engineering Capabilities
Globenewswire· 2025-11-20 14:15
Core Viewpoint - Cemtrex, Inc. has announced a definitive agreement to acquire Invocon, Inc. for $7.06 million, aiming to establish a new Aerospace & Defense segment upon closing in early 2026 [4][5]. Group 1: Acquisition Details - The acquisition involves Cemtrex acquiring 100% of the issued and outstanding shares of Invocon, a Texas-based systems-engineering firm with a 40-year history in aerospace and defense [4]. - The transaction is expected to close on or around January 1, 2026, subject to customary closing conditions [4]. Group 2: Strategic Importance - This acquisition represents a significant strategic expansion for Cemtrex, enhancing its capabilities in high-reliability electronics, flight instrumentation, and complex system design [3]. - Invocon's technologies have been utilized in over 40 shuttle flights and 30 target missile flights, showcasing its expertise in mission-critical applications [2]. Group 3: Future Outlook - Following the acquisition, Cemtrex plans to establish a new reporting segment, Aerospace & Defense, positioning itself to engage in advanced engineering programs for government agencies and commercial-space customers [5]. - The integration of Invocon's advanced sensing systems and flight-proven hardware aligns with Cemtrex's long-term strategy to expand into high-reliability and mission-critical technologies [5].
Cemtrex Signs Letters of Intent for Two Strategic Acquisitions in Robotics and Aerospace
Globenewswire· 2025-08-25 13:10
Core Insights - Cemtrex Inc. has signed non-binding letters of intent to acquire two profitable U.S.-based businesses in industrial robotics integration and aerospace and defense systems engineering, which are expected to contribute $15–18 million in annual revenue and $2.5–3 million in operating income once integrated [1][2][3] Group 1: Acquisition Details - The acquisitions align with Cemtrex's long-term strategy to expand into high-value markets with strong macro tailwinds, enhancing its scale, margin, and strategic capabilities [2][4] - The robotics integrator specializes in automation systems for agriculture and construction, while the aerospace and defense firm provides high-reliability communications and electronics systems, adding a new strategic vertical relevant to national security and space infrastructure [2][3] Group 2: Financial Projections - Combined with organic growth initiatives, these acquisitions are projected to help Cemtrex reach $100 million in total revenue and significantly expand operating profit [3][4] - The company aims to build a platform with durable earnings power and attractive operating margins, targeting over $150 million in revenue [4] Group 3: Company Overview - Cemtrex operates in the Security and Industrial sectors, with its Security segment providing advanced video management software and integrated surveillance solutions, while the Industrial segment offers expert services to manufacturers [5]
Cemtrex Reports Results for Third Quarter Fiscal 2025
Globenewswire· 2025-08-14 20:00
Core Insights - Cemtrex Inc. reported significant improvements in revenue, margins, and profitability for the third quarter and nine months ended June 30, 2025, compared to the previous year [1][2][3] Financial Performance - Revenue for the third quarter increased by 16% to $17.0 million from $14.7 million, while revenue for the nine months rose by 19% to $58.0 million from $48.7 million [7] - The Security segment saw a revenue increase of 22% to $7.6 million in the third quarter and 28% to $30.0 million for the nine months, bolstered by a $10.4 million order from Vicon [7] - Industrial Services revenue grew by 10% to $9.4 million in the third quarter and 11% to $27.9 million for the nine months [7] - Gross profit increased by 25% to $7.37 million in the third quarter, with gross margin improving to 43% from 40%, and for the nine months, gross profit rose by 27% to $25.24 million, with gross margin improving to 44% from 41% [7] - Operating loss narrowed to $0.64 million in the third quarter from $3.18 million, and operating income for the nine months was $1.69 million, compared to an operating loss of $4.95 million last year, marking a $6.64 million improvement [7] Balance Sheet and Liquidity - Cash and equivalents, including restricted cash, increased to $8.15 million from $5.42 million at the end of September 2024 [7] - Working capital stood at $4.92 million despite higher current maturities of long-term liabilities [7] - Total assets increased to $46.96 million from $44.12 million, while total liabilities rose to $43.11 million from $39.15 million [10][11] Management Commentary - The CEO highlighted that Cemtrex is now a stronger, more profitable, and efficient business, with nearly 20% sales growth and a significant improvement in operating income [2][3] - The company has focused on tightening expenses, improving efficiency, and strengthening the balance sheet while executing its growth plan [3]
Cemtrex Acquires $1 Million in Solana, Citing Structural Mispricing; Targets $10 Million Crypto Treasury Reserve
Globenewswire· 2025-07-31 20:05
Core Viewpoint - Cemtrex Inc. has initiated a digital asset treasury strategy by acquiring approximately $1 million worth of Solana (SOL) and aims to expand its crypto reserves to $10 million over time [1][2]. Group 1: Acquisition and Strategy - The company purchased 5,500 SOL at an average cost of approximately $181 per token, with plans to stake its position for on-chain yield and operate its own validator node [2]. - Cemtrex's long-term goal is to build a $10 million reserve position across strategic crypto networks, with Solana as the foundational asset [2][4]. Group 2: Solana's Performance and Positioning - Solana is currently processing over 1,000 transactions per second and handled more than 90 billion transactions in June 2025, outperforming all other layer-one and layer-two blockchains combined [3]. - The blockchain features a burn mechanism tied to usage and a hardcoded inflation schedule that will bottom out at 1.5% by 2028, positioning it as a foundational layer for digital trust and settlement [3]. Group 3: Long-term Vision - The acquisition is described as a long-duration bet on Solana, which is viewed as the most capable and capital-efficient blockchain system, expected to compound its network advantage faster than the market anticipates [4][5]. - Cemtrex is exploring the integration of blockchain technologies into its product lines, including cryptographic video authentication and decentralized timestamping through its subsidiary, Vicon [4].
Cemtrex Accelerates Growth Strategy After Strong First Half with Targeted Acquisitions
Globenewswire· 2025-06-12 13:15
Core Insights - Cemtrex Inc. is focusing on accelerating operating income growth through targeted acquisitions after a successful first half of fiscal 2025 [1][2] - The company reported over $2.3 million in operating income for the first six months, a significant improvement from the previous year, with first-half revenue reaching $41 million, reflecting a growth of over 20% year-over-year [2][3] Financial Performance - Operating income for the first half of fiscal 2025 was over $2.3 million, indicating a major shift towards profitability [2] - Revenue for the first half of the year was $41 million, representing a growth of more than 20% compared to the same period last year [2] Strategic Focus - The company is evaluating two potential acquisition targets, which are expected to add an additional $3 to $4 million in annual operating income if completed [3] - Cemtrex's strategy involves acquiring strong, cash-generating businesses, integrating them quickly, and compounding value [4] Growth and Expansion - Since 2021, Cemtrex has nearly doubled its revenue and significantly improved its margins, with the next phase focused on scaling operations through disciplined expansion [4] - Future acquisitions will be funded through a combination of internal capital, seller financing, and non-toxic equity raises, with each opportunity assessed for its return on capital and impact on earnings per share [4] Company Overview - Cemtrex operates in the Security and Industrial sectors, with its Security segment led by Vicon Industries, providing advanced video management software and integrated surveillance solutions [6] - The Industrial segment, through Advanced Industrial Services, offers expert rigging, millwrighting, process piping, and equipment installation services to manufacturers nationwide [6]