Cematrix Corp (TSE:CVX) has released an update.
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CEMATRIX Corp has revealed a record-breaking first quarter in 2024, with revenues soaring to $8.4M—an impressive 17% increase from the previous year. The company has not only improved its financial performance with a positive adjusted EBITDA but also generated substantial cash flow of $4.8 million, mainly from collecting receivables. These achievements highlight strong management, high demand for their cellular concrete products, and a robust start to the year.
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