Sector: Industrials | Industry: Construction & Engineering |
Company Contact | |
Address: | 9727-40 Street SE, Calgary CALGARY AB T2C 2P4 |
Tel: | 1-403-2210915 |
Website: | www.cematrix.com |
IR: | See website |
Key People | ||
Jeffrey N. Kendrick President, Chief Executive Officer, Director | Randy Boomhour Chief Financial Officer, Corporate Secretary | Pat Stephens President - Pacific International Grout Co. | Jordan Wolfe President - MixOnSite USA, Inc. |
Business Overview |
CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from formulations across North America. The Company's cement-based material with superior thermal protection delivers to a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its grout and flowable fill applications include tunnel grouting, annular pipe grout, pipe abandonment, and flowable fill. The Company's wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), Chicago based MixOnSite USA Inc. (MOS) and Bellingham based Pacific International Grout Company (PIGCO). |
Financial Overview |
For the fiscal year ended 31 December 2023, CEMATRIX Corp revenues increased 84% to C$53.3M. Net income totaled C$1.2M vs. loss of C$5.6M. Revenues reflect Canada segment increase from C$7.6M to C$20.9M, U.S segment increase of 51% to C$32.4M. Net Income reflects Stock-based Compensation in SGA decrease of 46% to C$329K (expense), Accretion costs decrease of 64% to C$139K (expense). |
Employees: | 65 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $48.64M as of Dec 31, 2023 |
Annual revenue (TTM): | $53.30M as of Dec 31, 2023 |
EBITDA (TTM): | $4.99M as of Dec 31, 2023 |
Net annual income (TTM): | $1.24M as of Dec 31, 2023 |
Free cash flow (TTM): | -$1.46M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 135,279,048 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |