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Cematrix Corp (TSE:CEMX)
:CEMX
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Earnings Data
Report Date
Apr 09, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
<0.01Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: -11.11%
|Next Earnings Date:Aug 16, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While the company experienced significant revenue and cash flow declines due to project delays, it also achieved improved gross margins and maintained positive adjusted EBITDA. The successful financing and strong sales pipeline are positive indicators for future growth. However, the current financial results reflect the challenges posed by the delays. The sentiment is balanced, with positive future prospects but present financial strain.Company Guidance
During the Q3 2024 earnings call for Cematrix (CVX.V), executives highlighted several key financial and operational metrics. Despite a 50% decrease in Q3 revenue to $10.1 million from $20.4 million in 2023, gross margins improved to 27% from 23% due to better project management and focusing on smaller, higher-margin projects. Year-to-date revenue also fell by 26%, while operating income dropped to $700,000 from $2.5 million in the previous year. Adjusted EBITDA was $1.4 million, a 56% decline from 2023. The company maintained a strong cash position with $9.9 million on hand, up from $1.9 million the previous year. The executives emphasized that project delays were temporary, projecting a robust 2025 with a solid backlog of $74.7 million and a strong sales pipeline valued between $400 million and $450 million. Additionally, the recent TSX uplisting and $6.6 million life financing were highlighted as strategic moves to strengthen the company's position for future growth and M&A opportunities.Improved Gross Margins
Gross margin as a percent of revenue improved significantly to 27% in Q3 2024 from 23% in Q3 2023, marking a 4% increase. Year-to-date gross margin increased by 7% from 19% in 2023 to 26% in 2024.
Positive Adjusted EBITDA
Adjusted EBITDA was positive both for the quarter and the year, amounting to $1.4 million in Q3 2024, although down 56% from $3.2 million in Q3 2023.
Successful Financing and Uplisting
Completed an oversubscribed $6.6 million life financing and uplisted to TSX, strengthening the balance sheet and positioning for M&A opportunities.
Strong Sales Pipeline and Backlog
Sales pipeline remains robust at $400-$450 million with a backlog of $74.7 million, mostly earmarked for completion in 2025.
Safety Record
Maintained a strong safety performance with no medical or emergency injuries reported during the quarter.
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TSE:CEMX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:CEMX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | C$0.27 | C$0.24 | -11.11% |
| Aug 07, 2024 | C$0.41 | C$0.38 | -7.32% |
| May 08, 2024 | C$0.43 | C$0.38 | -11.63% |
| Apr 10, 2024 | C$0.39 | C$0.39 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Cematrix Corp (TSE:CEMX) report earnings?
Cematrix Corp (TSE:CEMX) is schdueled to report earning on Apr 09, 2025, TBA Not Confirmed.
What is Cematrix Corp (TSE:CEMX) earnings time?
Cematrix Corp (TSE:CEMX) earnings time is at Apr 09, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:CEMX EPS forecast?
Currently, no data Available
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