Company Description
CEMATRIX Corporation (OTCQB: CTXXF, TSX: CEMX) is a specialty construction contractor focused on the on-site production and supply of cellular concrete across North America. According to company disclosures, CEMATRIX manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations, and applies these materials to a broad range of infrastructure, industrial (including oil and gas), and commercial projects.
The company describes cellular concrete as a flowable, self-leveling, cement-based material with insulating properties. This material is used to address geotechnical construction challenges where reduced weight, thermal protection, or ease of placement are important. CEMATRIX states that it provides cost-effective solutions to a variety of engineering problems using this specialized concrete technology.
Business focus and applications
CEMATRIX identifies itself as a rapidly growing, cash flow positive company and an early-stage growth company with positive EBITDA, positive cash flow from operations, and a strong balance sheet. It operates as a specialty contractor that produces cellular concrete solutions on site, rather than selling only pre-manufactured products. The company highlights that its cellular concrete offers superior thermal protection and can be applied in numerous construction scenarios.
According to company materials, applications for CEMATRIX cellular concrete include:
- Lightweight engineered fill
- MSE and retaining wall fill
- Lightweight insulating road subbase
- Flowable, self-compacting fill
- Pipe and culvert abandonments
- Tunnel and annular grout
- Tunnel and shaft backfills
- Underwater / tremie fills
- Shallow utility and foundation insulation
These use cases position CEMATRIX within the broader construction and infrastructure ecosystem, particularly where traditional aggregates and fills may not provide the same combination of weight reduction, flowability, and insulation.
Geographic reach and corporate structure
CEMATRIX indicates that it operates in both Canada and the United States, serving the massive North American infrastructure construction market. The company notes that, through acquisitions of Chicago-based MixOnSite USA Inc. and Bellingham-based Pacific International Grout Company, it has expanded its operating footprint and capabilities.
CEMATRIX states that its wholly owned operating subsidiaries include:
- CEMATRIX (Canada) Inc. ("CCI")
- MixOnSite USA Inc. ("MOS"), based in Chicago
- Pacific International Grout Company ("PIGCO"), based in Bellingham
Company communications describe CEMATRIX as North America's largest cellular concrete company following these acquisitions. This reflects its focus on cellular concrete as a core product category and its strategy of building scale in that niche through both internal growth and acquisitions.
Industry classification and sector context
For classification purposes, CEMATRIX is associated with the Other Crushed and Broken Stone Mining and Quarrying industry within the broader Mining, Quarrying, and Oil and Gas Extraction sector. At the same time, its own descriptions emphasize construction contracting and materials manufacturing, particularly in cellular or foamed concrete for infrastructure and industrial markets.
The company highlights that its cellular concrete products are used in infrastructure, industrial (including oil and gas), and commercial markets. This places CEMATRIX at the intersection of construction materials, geotechnical engineering, and infrastructure development, even though its formal industry classification is within mining and quarrying.
Growth profile and financial characteristics
CEMATRIX describes itself as a rapidly growing company with significant revenue, positive EBITDA, and positive cash flow from operations. It also refers to a very healthy balance sheet and a strong team in place. These statements come from company communications and are intended to characterize its financial profile and growth stage, rather than provide specific financial figures.
The company has participated in multiple investor-focused events and conferences, including virtual and in-person presentations hosted by third-party organizers. These events have featured management presentations and one-on-one investor meetings, reflecting an active approach to investor relations in the microcap and small-cap investment community.
Stock information
CEMATRIX Corporation trades on the OTCQB market in the United States under the ticker symbol CTXXF, and on the Toronto Stock Exchange under the ticker CEMX. The company has been featured at microcap-focused conferences and virtual investor events, which aligns with its positioning in the smaller-cap segment of the public markets.
Use of cellular concrete in infrastructure and industrial markets
Company descriptions emphasize that CEMATRIX cellular concrete is a unique cement-based material with superior thermal protection characteristics. By being flowable and self-leveling, it can be placed efficiently in complex environments such as tunnels, shafts, and confined utility corridors. The insulating properties are highlighted for applications such as road subbases and shallow utility and foundation insulation.
CEMATRIX communications also reference the use of its cellular concrete in the infrastructure, industrial (including oil and gas), and commercial markets. This suggests deployment in projects where weight reduction, thermal performance, and ease of placement are important design considerations, such as fills behind retaining structures, backfills around tunnels, and abandonment of pipes and culverts.
Position in the cellular concrete niche
According to company statements, CEMATRIX is now North America's largest cellular concrete company, following its acquisitions of MixOnSite and Pacific International Grout. This characterization is based on its own disclosures and reflects how the company views its scale within the cellular concrete niche.
The focus on proprietary formulations, on-site production, and a wide range of geotechnical and construction applications underscores its specialization in this material category. Rather than presenting itself as a general concrete producer, CEMATRIX highlights cellular concrete as its primary area of expertise.
FAQs about CEMATRIX Corporation (CTXXF)
- What does CEMATRIX Corporation do?
CEMATRIX Corporation is a specialty construction contractor that produces cellular concrete solutions on site. The company manufactures and supplies technologically advanced cellular concrete products, which are used to solve geotechnical and construction challenges in infrastructure, industrial (including oil and gas), and commercial markets. - How does CEMATRIX describe its cellular concrete products?
CEMATRIX describes its cellular concrete as a flowable, self-leveling, cement-based material with insulating properties. The company notes that this material offers superior thermal protection and can provide cost-effective solutions to a broad range of construction and engineering problems. - In which markets are CEMATRIX products used?
According to company information, CEMATRIX cellular concrete is used in the infrastructure, industrial (including oil and gas), and commercial markets across North America. The company emphasizes its role in the massive North American infrastructure construction market. - What are some typical applications of CEMATRIX cellular concrete?
Company materials list applications such as lightweight engineered fill, MSE and retaining wall fill, lightweight insulating road subbase, flowable self-compacting fill, pipe and culvert abandonments, tunnel and annular grout, tunnel and shaft backfills, underwater or tremie fills, and shallow utility and foundation insulation. - Where does CEMATRIX operate geographically?
CEMATRIX states that it operates in both Canada and the United States, serving projects across North America. Its operating subsidiaries include entities based in Canada, Chicago, and Bellingham. - What subsidiaries does CEMATRIX have?
The company identifies its wholly owned operating subsidiaries as CEMATRIX (Canada) Inc. (CCI), Chicago-based MixOnSite USA Inc. (MOS), and Bellingham-based Pacific International Grout Company (PIGCO). - How does CEMATRIX describe its growth and financial profile?
CEMATRIX describes itself as a rapidly growing, cash flow positive company and an early-stage growth company with significant revenue, positive EBITDA, positive cash flow from operations, a very healthy balance sheet, and a strong team in place. These are qualitative statements from company communications rather than detailed financial metrics. - On which exchanges does CEMATRIX trade?
CEMATRIX Corporation trades on the OTCQB market in the United States under the symbol CTXXF and on the Toronto Stock Exchange under the symbol CEMX. - How does CEMATRIX position itself within the cellular concrete industry?
Company disclosures state that, through the acquisitions of MixOnSite and Pacific International Grout, CEMATRIX is now North America's largest cellular concrete company. This reflects its focus on cellular concrete as a specialized construction material and its efforts to build scale in that niche. - What sector and industry classifications apply to CEMATRIX?
CEMATRIX is associated with the Mining, Quarrying, and Oil and Gas Extraction sector and the Other Crushed and Broken Stone Mining and Quarrying industry. At the same time, its own descriptions emphasize its role as a manufacturer and supplier of cellular concrete products and a specialty construction contractor.
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No SEC filings available for Cematrix.
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Short Interest History
Short interest in Cematrix (CTXXF) currently stands at 30.1 thousand shares, down 23.6% from the previous reporting period, representing 0.0% of the float. Over the past 12 months, short interest has increased by 495.7%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Cematrix (CTXXF) currently stands at 3.0 days, up 197% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has increased 197% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 3.0 days.