NASDAQ$CETX

Cemtrex Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Cemtrex reported a decrease in revenue and net loss for Q1 2025, primarily due to unexpected delays in security technology product orders, partially offset by increased demand in industrial services.

Cemtrex, Inc. reported a total revenue of $13,739,899 for the three months ended December 31, 2024, a decrease from $16,878,166 in the same period last year. The company experienced a net loss of $28,934,519, compared to a net loss of $1,303,903 in the prior year, largely driven by losses on warrant liabilities. Diluted EPS for continuing operations was -$16.15.

  • Total revenue decreased by 18.59% to $13,739,899 in Q1 2025 from $16,878,166 in Q1 2024.
  • Net loss significantly widened to $28,934,519 in Q1 2025 from $1,303,903 in Q1 2024, primarily due to losses on warrant liabilities.
  • Security segment revenue decreased by 41% due to unexpected delays in orders, while Industrial Services revenue increased by 7% due to increased demand.
  • The company's working capital decreased to $4,130,393 from $8,103,457, mainly due to an increase in current maturities of long-term debt and accrued expenses.

Headline financials

Total Revenue

$13.7M

Previous: $16.9M-18.6%
EPS

-$16.30

Previous: -$1.15-1317.4%
Security Segment Gross Profit %

52.0%

No prior period
Industrial Services Gross Profit %

35.0%

No prior period
Working Capital

$4.13M

No prior period
Cash Provided by Operating Activities

$1.2M

No prior period
Cash Used by Investing Activities

$1.01M

No prior period
Cash Provided by Financing Activities

$2.39M

No prior period
Trade Receivables, Net

$9.2M

No prior period
Income Tax Expense

$121K

No prior period
Effective Tax Rate

-0.4%

No prior period
Gross Profit Percentage

41.0%

No prior period
Capital Expenditures

-$924K

Previous: -$291K-218.0%
Free Cash Flow

-$29.7M

Previous: -$1.5M-1881.0%
Net Income

-$28.8M

Previous: -$1.21M-2281.3%
Operating Income

-$2.28M

Previous: -$738K-209.0%
Gross Profit

$5.7M

Previous: $7.08M-19.5%
Cash & Equivalents

$4.22M

Previous: $2.84M+49.0%
Total Assets

$46.7M

Previous: $45.3M+3.1%

Revenue & EPS history

Cemtrex · Revenue · Quarterly

$13.7M

Q1 2025-18.6%vs Q1 2024
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Revenue by segment

Cemtrex · $18M total across 3 segments · Q2 2026

  • Industrial Services
    $11M
  • Security
    $5.78M
  • Aerospace and Defense
    $1.23M

Forward guidance

The company's working capital may not be sufficient to cover operating costs, indicating substantial doubt about its ability to continue as a going concern. While the company has secured a line of credit, is reevaluating its pricing model, and has completed equity financing, there is no guarantee that these plans will be sufficient to meet capital demands or that cash flow from operations will be adequate.

Tailwinds

  • Secured a line of credit for its Vicon brand to fund operations, with available capacity of $903,102 as of December 31, 2024.
  • Continually reevaluating pricing model on Vicon brand to improve margins and introducing new innovative products to grow revenues.
  • Raised $9,039,959 in net proceeds through May 2024 equity financing and anticipates up to $10 million when Series B warrants are exercised.
  • Effected 60:1 and 35:1 reverse stock splits to remain trading on Nasdaq Capital Markets and improve ability to raise capital.
  • Company believes that if successful, these plans would be sufficient to meet capital demands for at least the next twelve months.

Headwinds

  • Working capital may not be sufficient to cover operating costs, raising substantial doubt about the company's ability to continue as a going concern.
  • No guarantee that additional capital raised through equity offerings and/or debt will be sufficient to meet working capital needs.
  • Issuance of common stock to satisfy liabilities may have a dilutive effect on existing stockholders.
  • No guarantee that cash flow from existing or future operations will be sufficient to meet working capital needs.
  • Company currently does not have adequate cash or available liquidity/capacity on lines of credit to meet long-term needs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-2.2%

Avg return

Earnings day

-0.8%

Avg return

5 days after

+2838216.1%

Avg return

30 days after

30%

13 / 44 earnings

Positive

+62.5%

Q4 2019

Best reaction

-48.8%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-5.3%-3.4%
Q1 2026+1.4%-14.6%-53.1%
Q3 2025-5.2%-11.2%-41.8%
Q2 2025-48.8%-40.8%-36.7%
Q1 2025-1.6%-14.4%-21.8%
Q4 2024-5.9%+3.9%-12.1%
Q3 2024-5.5%-7.9%-12.2%
Q2 2024+6.4%+73.3%+11.0%
Q1 2024-16.4%-12.1%+1.1%
Q4 2023-9.0%-8.8%-36.8%
Q3 2023-12.4%-20.1%-13.3%
Q2 2023-4.8%-10.8%-1.1%
Q1 2023-18.7%-24.3%-24.6%
Q4 2025-2.5%+14.5%+37.0%
Q4 2022+12.9%+12.1%+54.7%
Q3 2022-6.3%-8.2%-24.4%
Q2 2022+0.0%-3.2%-3.8%
Q1 2022-9.7%-10.2%-9.8%
Q4 2021-6.4%-6.0%-10.5%
Q3 2021-7.9%-4.7%-7.9%
Q2 2021+1.4%+0.0%-11.8%
Q1 2021+0.0%+5.0%+113528739.9%
Q4 2020+24.4%+7.9%+53.5%
Q3 2020-3.6%+2.9%-19.3%
Q2 2020-5.7%-7.1%+159.8%
Q1 2020-5.8%+5.8%-53.4%
Q4 2019+62.5%+80.4%+8.9%
Q3 2019+19.7%+30.3%-7.2%
Q2 2019+0.0%-11.5%+57.7%
Q1 2019-13.1%-24.0%-34.9%
Q4 2018+16.7%+28.6%+24.0%
Q3 2018-6.1%-4.6%-18.8%
Q2 2018-20.2%-12.1%-8.6%
Q1 2018-3.6%-4.4%+6.6%
Q4 2017+6.6%-1.2%+7.6%
Q3 2017-6.4%-15.8%-7.6%
Q2 2017-3.6%-5.7%+6.9%
Q1 2017+9.1%+9.1%-14.1%
Q4 2016+2.9%+9.1%+23.4%
Q3 2016-17.1%-13.8%-30.7%
Q4 2015-17.1%-13.8%-30.7%
Q2 2016+16.4%
Q1 2016+3.7%
Q3 2015-12.7%
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2011
Q1 2012
Q4 2011
Q4 2010
Q3 2010
Q3 2011
Q2 2011
Q2 2010

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