Welcome to our dedicated page for Cemtrex news (Ticker: CETXW), a resource for investors and traders seeking the latest updates and insights on Cemtrex stock.
Cemtrex Inc. (CETXW) delivers innovative security surveillance and industrial technology solutions through its Vicon Industries subsidiary and specialized service divisions. This centralized news hub provides investors and industry professionals with essential updates about the company's strategic developments.
Access real-time announcements including quarterly financial results, product innovation updates, strategic partnerships, and operational milestones. Our curated collection ensures transparent tracking of Cemtrex's advancements in AI-powered video analytics and industrial project execution.
Key updates cover new contract awards in critical infrastructure security, enhancements to integrated surveillance platforms, and expansions of industrial service capabilities. Bookmark this page for streamlined monitoring of corporate announcements that impact market positioning and technological leadership.
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.
Cemtrex (NASDAQ: CETX) has successfully regained compliance with Nasdaq's minimum stockholders' equity requirement under Listing Rule 5550(b)(1). The company, which specializes in advanced security technology and industrial services, received confirmation from Nasdaq's Listing Qualifications Department that it has met the necessary criteria to maintain its listing on the Nasdaq Capital Market.
This development follows a notification received on August 23, 2024, when Cemtrex was informed of its non-compliance. According to the company's Form 10-K filed on December 30, 2024, Cemtrex reported stockholders' equity of $4,710,677, which satisfies Nasdaq's minimum requirement. With this compliance achievement, Cemtrex has resolved all listing deficiencies with Nasdaq.
Cemtrex (NASDAQ: CETX) reported financial results for Q4 and fiscal year 2024. Full-year revenue increased 13% to $66.9 million, while Q4 revenue grew 9% to $18.1 million. The Advanced Industrial Services (AIS) segment showed strong performance with a 39% revenue increase to $34.8 million, while the Security segment (Vicon) saw a 7% decrease to $32.0 million.
The company reported an operating loss of $5.3 million for FY2024, compared to $1.5 million in 2023, primarily due to increased operating expenses. Notable developments include the launch of NEXT™ Modular Camera System and securing a record $10.4 million order for the Valerus surveillance system.
