Cemtrex Stock Price, News & Analysis

Cemtrex (NASDAQ: CETX), an advanced security technology and industrial services company, has successfully closed its previously announced underwritten public offering, raising $1.25 million in gross proceeds. The offering consisted of 1,250,000 shares of common stock priced at $1.00 per share.

Aegis Capital Corp. served as the sole book-running manager and has been granted a 45-day option to purchase up to an additional 15% of shares to cover potential over-allotments. The offering was conducted through an effective shelf registration statement on Form S-3.

Cemtrex (NASDAQ: CETX), an advanced security technology and industrial services company, has announced the launch of a proposed public offering of Common Stock and pre-funded warrants. The offering, managed by Aegis Capital Corp as the sole book-running manager on a firm commitment basis, will be conducted through an effective shelf registration statement on Form S-3.

The company plans to use the net proceeds for general corporate purposes, debt reduction, and working capital needs. The offering's completion, size, and terms are subject to market conditions. The securities will be available through a final prospectus supplement and accompanying prospectus to be filed with the SEC.

Cemtrex's (NASDAQ: CETX) subsidiary Advanced Industrial Services (AIS) has secured a $1.84 million contract from the City of Lancaster for upgrading their Advanced Wastewater Treatment Plant (AWWTP). The project, scheduled for completion within one year during 2025-2026, involves replacing process mechanical and electrical systems, rehabilitating clarifier structures, and modernizing control systems for four primary clarifiers in the South Train.

This contract strengthens AIS's position in the municipal and industrial sectors, particularly in wastewater treatment infrastructure. The EPA estimates $630 billion in required wastewater infrastructure upgrades over the next 20 years, representing a 73% increase since 2012, creating significant market opportunities for contractors like AIS.

Vicon Industries, a subsidiary of Cemtrex (NASDAQ: CETX), has received the prestigious STQC certification from India's Ministry of Electronics and Information Technology. This certification allows Vicon to sell its surveillance products in India's regulated government, infrastructure, and smart city segments. The company's Valerus Video Management System (VMS) is now fully compliant with India's IoT Security Compliance for Surveillance Cameras Scheme.

As one of few surveillance manufacturers with this certification, Vicon gains a significant competitive advantage in India's video surveillance market, projected to exceed $3 billion by 2027. The certification positions Vicon as a premium brand capable of participating in government and regulated projects, addressing the growing demand for high-quality surveillance solutions in India's rapidly modernizing infrastructure sector.

Cemtrex's subsidiary Vicon Industries has secured a $1 million order from a leading Saudi Arabian media and broadcasting organization. The order includes Vicon's new NEXT Modular Sensor System, featuring hundreds of advanced starlight dome and bullet cameras, enterprise-grade Valerus video management licenses, and high-capacity recording servers.

The deployment marks Vicon's first major NEXT platform installation in the Middle East, integrating AI-enhanced imaging, real-time communication, and modular design. Implementation is scheduled to begin this quarter, supporting broadcast infrastructure across multiple locations. The client has indicated potential for future orders related to ongoing infrastructure upgrades.

Vicon Industries, a Cemtrex (NASDAQ: CETX) subsidiary, has secured a $1.2 million order for border protection deployment in Texas. The order includes Vicon cameras, servers, and Valerus VMS licenses, demonstrating customer confidence in Vicon's security solutions for high-security environments.

The order is scheduled for fulfillment in fiscal Q2 2025, contributing to the company's growth momentum. Vicon's expansion in critical infrastructure and public safety applications reflects increasing demand for their advanced surveillance technology. The company aims to meet or exceed its growth targets for fiscal 2025.

Cemtrex (NASDAQ: CETX) reported Q1 FY2025 results with revenue declining 19% to $13.7 million compared to $16.9 million in the prior year. The company's Advanced Industrial Services (AIS) segment showed 7% growth to $8.3 million, while the Security segment (Vicon) decreased 41% to $5.5 million.

Operating loss widened to $2.3 million from $0.7 million, and net loss increased to $28.5 million from $1.2 million, primarily due to a non-cash expense of $25.8 million from warrant-related losses. The company secured a record $10.4 million order for its Valerus surveillance system and launched the NEXT™ Modular Camera System with AI capabilities.

Cash and equivalents stood at $5.5 million as of December 31, 2024, while inventory increased to $11.1 million from $7.0 million in September 2024.