Cemtrex Reports Second Quarter Fiscal Year 2025 Financial
From GlobeNewswire: 2025-05-15 08:45:00
Cemtrex Inc. (NASDAQ: CETX, CETXP) reported strong financial results for Q2 FY 2025, with revenue up 59% to $27.3 million, operating income at $4.6 million, and net income of $8.4 million. Gross profit margin increased to 45%, and stockholders’ equity rose to $6.4 million. The company’s CEO is optimistic about sustained growth in fiscal 2025.
The company’s Security segment, Vicon Industries, saw revenue grow 110% to $17.0 million, driven by a large government order and increased demand for AI-enhanced security solutions. The Industrial Services segment, AIS, also performed well with revenue up 13% to $10.3 million. Gross profit margins improved for both segments, contributing to the company’s overall success.
As of March 31, 2025, Cemtrex had cash and cash equivalents of $4.5 million and total assets of $46.2 million. Inventories decreased to $6.1 million, and stockholders’ equity improved to $6.4 million, surpassing Nasdaq’s minimum continued listing standards. The company remains focused on enhancing safety, efficiency, and value for customers and shareholders through innovation and strategic growth.
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