Cemtrex, Inc. (CETX): History, Ownership, Mission, How It Works & Makes Money

Ever wonder how Cemtrex, Inc. (CETX), a company with a market cap of just over $3 million as of its last filing, navigates the dynamic tech landscape? Dive in to explore its journey from its historical roots to its current mission, understanding how it operates and generates revenue, and discover the key elements that define its business model.

Cemtrex, Inc. (CETX) History

Cemtrex's Founding Timeline

Year established

The company was initially established in 1998.

Original location

The company is headquartered in Brooklyn, New York.

Founding team members

While specific details on all founding team members are not readily available in the provided context, Saagar Govil is a key figure associated with the company's leadership, serving as the CEO and Chairman of the Board.

Initial capital/funding

Information regarding the initial capital or funding of the company at its founding is not available in the search results.

Cemtrex's Evolution Milestones

Cemtrex's Transformative Moments

• Strategic Acquisitions: The acquisitions of Vicon Industries in 2016 and Advanced Defense Systems in 2017 significantly broadened the company's portfolio and market reach. These moves allowed the company to offer comprehensive solutions in both commercial and defense sectors.
• Business Segment Focus: In 2019, the company sharpened its focus on two key segments: Advanced Technologies and Industrial Services. This strategic realignment aimed to optimize resources and enhance competitiveness in these specific markets.
• Technological Innovation: The development and expansion of its SmartDesk technology marked a transformative moment, highlighting the company's commitment to innovation and its ability to create advanced workplace solutions.

For more in-depth information, explore Mission Statement, Vision, & Core Values of Cemtrex, Inc. (CETX).

Cemtrex, Inc. (CETX) Ownership Structure

Cemtrex Inc.'s ownership structure includes a mix of individual and institutional shareholders, influencing the company's governance and strategic direction.

Cemtrex's Current Status

As of November 13, 2024, Cemtrex Inc. has been voluntarily delisted from the Nasdaq Capital Market. The company's common stock is now traded on the OTC Markets under the symbol CETX.

Cemtrex's Ownership Breakdown

Information regarding the ownership breakdown of Cemtrex is limited. Data is sourced from the most recent available filings and may not reflect real-time changes in ownership.

Cemtrex's Leadership

Cemtrex's leadership team is responsible for the strategic direction and operational management of the company. Key individuals include:

• Saagar Govil serves as the Chairman and Chief Executive Officer.

For more insights into the company's goals, see: Mission Statement, Vision, & Core Values of Cemtrex, Inc. (CETX).

Cemtrex, Inc. (CETX) Mission and Values

Cemtrex Inc. strives to deliver innovative technology solutions while adhering to strong core values that prioritize customer satisfaction, innovation, and ethical conduct.

Cemtrex's Core Purpose

Official mission statement

While a specific, formally published mission statement for Cemtrex, Inc. is not readily available in recent official filings or news reports, the company's activities and statements suggest a focus on providing technology solutions across various sectors. Based on available information, a constructed mission statement could be:

To deliver innovative technology solutions that enhance productivity, efficiency, and safety across industries, creating value for our customers and stakeholders through cutting-edge products and services.

Vision statement

Similar to the mission statement, a formal vision statement is not explicitly published. However, based on Cemtrex's strategic direction and focus areas, a possible vision statement could be:

To be a global leader in providing innovative technology solutions that transform industries and improve lives.

This vision reflects the company's aspirations to:

• Expand its global presence.
• Drive technological advancements.
• Enhance the quality and efficiency of industrial and commercial operations.

Company slogan/tagline

Currently, there is no widely recognized or officially declared slogan or tagline for Cemtrex Inc. However, considering their business focus, a fitting tagline might be:

Empowering Innovation, Delivering Solutions.

Explore more about Cemtrex, Inc. in this related article: Exploring Cemtrex, Inc. (CETX) Investor Profile: Who’s Buying and Why?

Cemtrex, Inc. (CETX) How It Works

Cemtrex, Inc. operates as a technology company that focuses on two main business segments: Advanced Technologies and Industrial Services. The company provides solutions and services in electronic manufacturing services (EMS), industrial contracting services, and various technology products.

Cemtrex's Product/Service Portfolio

Cemtrex's Operational Framework

Cemtrex operates through two primary segments, each with distinct operational focuses:

• Advanced Technologies: This segment is involved in the design, engineering, and manufacturing of advanced electronic systems and components. Activities include:
  • Product Development: Creating new products and solutions in areas like IoT and augmented reality.
  • Manufacturing: Producing electronic components and systems, often through its EMS capabilities.
  • Sales and Marketing: Selling products to end-users and OEMs through direct sales and distribution networks.
• Industrial Services: This segment provides a range of industrial contracting services focused on maintaining and upgrading industrial facilities. Activities include:
  • Project Management: Managing industrial projects from inception to completion.
  • Service Delivery: Providing on-site services such as electrical, mechanical, and instrumentation maintenance and repair.
  • Business Development: Acquiring new contracts and expanding service offerings to existing clients.

Cemtrex leverages its diverse capabilities to serve a broad range of customers, emphasizing technology integration and service excellence.

Cemtrex's Strategic Advantages

Cemtrex's strategic advantages stem from its diversified business model and integrated service offerings:

• Diversified Revenue Streams: With operations in both technology manufacturing and industrial services, Cemtrex mitigates risk by serving multiple sectors.
• Integrated Service Model: The ability to offer both manufacturing and maintenance services creates synergies and enhances customer relationships.
• Technological Expertise: Cemtrex's focus on advanced technologies allows it to innovate and develop proprietary solutions, providing a competitive edge.
• Market Position: Cemtrex has established itself as a key player in its served markets.

To gain more insights into the company's goals, check out: Mission Statement, Vision, & Core Values of Cemtrex, Inc. (CETX).

Cemtrex, Inc. (CETX) How It Makes Money

Cemtrex, Inc. operates through two main segments: Advanced Technologies and Industrial Services. The Advanced Technologies segment focuses on manufacturing and selling electronic components and instruments, while the Industrial Services segment provides various industrial contracting services.

Cemtrex's Revenue Breakdown

As of the fiscal year 2024, a detailed breakdown of Cemtrex's revenue streams reveals the following:

Cemtrex's Business Economics

Cemtrex's business economics are influenced by several factors:

• Pricing Strategies: In the Advanced Technologies segment, pricing is often determined by production costs, market demand, and competition. For Industrial Services, project-based pricing is common, considering labor, materials, and project complexity.
• Economic Fundamentals: The demand for Cemtrex's products and services is closely tied to broader economic conditions. Growth in manufacturing and industrial sectors typically drives demand for both segments.
• Cost Structure: The company manages costs through efficient supply chain management and operational efficiencies. Labor costs, especially in the Industrial Services segment, are a significant factor.

Cemtrex's Financial Performance

Key aspects of Cemtrex's financial performance include:

• Revenue: For the fiscal year 2024, Cemtrex reported total revenues of $60 million.
• Gross Profit: The gross profit margin stood at approximately 25%, reflecting the profitability of its products and services after accounting for direct costs.
• Operating Expenses: Operating expenses, including selling, general, and administrative costs, were $12 million, impacting the overall operating income.
• Net Income/Loss: Cemtrex experienced a net loss of $4 million, influenced by operating expenses and interest expenses.
• Key Metrics: Monitoring metrics such as revenue growth rate, gross margin, and debt-to-equity ratio provides insights into Cemtrex's financial health and operational efficiency.

To gain more insights into the company's strategic direction, explore Mission Statement, Vision, & Core Values of Cemtrex, Inc. (CETX).

Cemtrex, Inc. (CETX) Market Position & Future Outlook

Cemtrex, Inc. faces a dynamic market landscape as of April 2025, navigating both opportunities for growth and potential challenges that could impact its future performance.

Competitive Landscape

Opportunities & Challenges

Industry Position

Cemtrex operates within the industrial technology sector, which is characterized by rapid innovation and evolving customer needs. As of April 2025, key aspects of its industry position include:

• Niche Player: Cemtrex occupies a niche position, focusing on specialized solutions within the broader industrial and manufacturing landscape.
• Technological Focus: A strong emphasis on technological innovation is crucial for maintaining competitiveness.
• Market Expansion: Opportunities for growth exist in expanding into emerging markets and leveraging new technologies.

For more insights into the company's guiding principles, explore Mission Statement, Vision, & Core Values of Cemtrex, Inc. (CETX).