Cematrix Corp (TSE:CVX) has released an update.
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CEMATRIX Corporation has reported a record-breaking fourth quarter with a 136% increase in revenue to $19.6 million and a notable full-year adjusted EBITDA of $4.9 million, signaling a strong financial performance. The company’s success is attributed to increased market acceptance of its cellular concrete products, a dedicated sales team’s efforts, and an impressive backlog of $94.9 million, positioning CEMATRIX for an optimistic 2024.
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