CETX returns to profitability in the second quarter of fiscal 2025 with strong revenue growth and margin gains, signaling positive momentum ahead.
Cemtrex's first-quarter fiscal 2025 witnesses a wider net loss due to a sharp drop in security segment revenue despite growth in industrial services.
Discover why Zacks rates Cemtrex as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore CETX's promising growth prospects and financial health amid market challenges.
Software - Infrastructure Industry | Technology Sector | Saagar Govil CEO | OTC PINK Exchange | US15130G5018 ISIN |
US Country | 264 Employees | 13 Jun 2019 Last Dividend | 26 Nov 2024 Last Split | 9 Sep 1998 IPO Date |
Cemtrex, Inc. is a diversified technology company that offers a wide range of services and products predominantly focused on security, industrial services, and corporate management. With operations in both the United States and international markets, Cemtrex has established itself in various sectors including security and surveillance, industrial maintenance, and high precision equipment installation. Originally named Diversified American Holding, Inc., the company underwent a rebranding to Cemtrex, Inc. in December 2004. Since its incorporation in 1998, Cemtrex has been committed to leveraging technology to deliver advanced solutions across multiple industries. The company’s headquarters are located in Brooklyn, New York, positioning it at the heart of one of the country’s most vibrant business communities.
Cemtrex provides advanced security and surveillance systems, including browser-based video monitoring, analytics-based recognition systems, cameras, servers, and access control systems. These technologies are designed for use in a variety of settings such as industrial and commercial facilities, federal prisons, hospitals, universities, schools, and government offices. By leveraging artificial intelligence and data algorithms, these solutions offer critical security insights and efficiencies.
The company’s industrial services encompass rigging, millwrighting, in-plant maintenance, equipment erection, relocation, and disassembly. Target markets for these services include automotive, printing and graphics, industrial automation, packaging, and chemicals among others. These services are crucial for the installation of high precision equipment and provide comprehensive maintenance and contracting solutions across the machinery, packaging, printing, chemical, and other manufacturing sectors. This broad range of services underscores Cemtrex’s role in supporting the operational efficiency and equipment reliability of its clients.