Cemtrex Inc. (CETX) as of 2025-05-27

Introduction

Cemtrex Inc. (NASDAQ: CETX) is a diversified technology company founded in 2004 and headquartered in Brooklyn, New York. The company develops and manufactures electronic systems, smart-technology solutions, virtual and augmented reality tools, advanced security systems, and industrial services.

Ticker	Exchange	Price (USD)	Change (%)	Volume
CETX	NASDAQ	2.4099	+43.02	3,547,829

Corporate Structure

• Headquarters: 276 Greenpoint Ave, Suite 208, Brooklyn, NY 11222, USA
• Employee Count: 501–1,000 (LinkedIn estimate)
• Operating Subsidiaries:
  • Vicon Industries, Inc. – Security and surveillance hardware and software
  • Advanced Industrial Services, Inc. – Industrial contracting (millwrighting, rigging, piping, electrical, welding)
• Management Team (selected):
  • Saagar Govil, Chairman & CEO
  • Paul Wyckoff, Interim CFO
  • John Badke, COO
  • Ashwin Gobindram, Chief Design Officer & Director of Operations
  • Jared Haas, President & COO, AIS

Developments and Filings

May 15, 2025 – Form 10-Q (Quarter Ended Mar 31, 2025)

• Q1 revenue, net losses, cash flow, and balance sheet details reported (full metrics in filing).
• Discussion of operating segments, liquidity and capital resources.

May 16, 2025 – Form 8-K (Items 5.07 & 9.01)

• Submission of matters to vote at shareholders’ meeting.
• Exhibit updates, including financial statements and charter amendments.

May 23, 2025 – Schedule 13G

• Beneficial ownership reported: 198,066 shares (9.99% of class) held jointly by
  • Mitchell P. Kopin
  • Daniel B. Asher
  • Intracoastal Capital LLC

May 1, 2024 – Underwritten Public Offering

• Upsized offering generated gross proceeds of approximately $10 million.
• Issued 11,764,705 common units or pre-funded units, each with Series A and B warrants (exercise price $0.85).
• Net proceeds earmarked for operations, marketing, product investment, and partial debt repayment.

Financial and Strategic Analysis

• Price/Sales (TTM): 0.04
• Price/Book (MRQ): 0.47
• Profit Margin (TTM): –33.76%
• Revenue (TTM): $73.82 million
• Net Income (TTM): –$24.77 million
• Total Cash (MRQ): $4.55 million
• Total Debt/Equity (MRQ): 347.72%

Strategic focus:

• Expansion of AI-driven analytics and smart video management solutions.
• Ongoing industrial services growth through AIS.
• Exploration of selective acquisitions or technology partnerships financed by offering proceeds.

Market Position and Industry Context

• Sectors Served: Security and surveillance, virtual/augmented reality, industrial automation, consumer electronics.
• Key End Markets: Border security (U.S. Customs and Border Protection), correctional facilities (Federal Bureau of Prisons, ICE), and industrial and consumer brands.
• Competitive Landscape: The company operates within a niche segment, focusing on integrated hardware and software solutions as well as turnkey industrial services.

tl;dr

On 2025-05-27, CETX shares traded at $2.4099 (+43.02%) on 3.55 million volume following filings: a Q1 2025 10-Q (May 15), an 8-K on vote matters (May 16), and a Schedule 13G (May 23) showing 9.99% beneficial ownership by Kopin, Asher, and Intracoastal. A May 1, 2024, offering raised $10 million for operations, marketing, debt reduction, and strategic investments. The next earnings window is Aug 12–18, 2025. The company is actively deploying AI-enabled security solutions and industrial services.