CEMATRIX Announces $5.2 Million in New Contract Awards
MWN-AI** Summary
CEMATRIX Corporation (TSX: CEMX) has announced an important milestone, securing $5.2 million in new contract awards as of February 23, 2026. This Calgary-based specialty construction contractor is recognized for its innovative cellular concrete solutions, which are produced on-site and widely utilized in North America. The new contracts, consisting of both recently awarded and in-progress projects, are anticipated to be completed between 2026 and 2027.
Key projects include a significant grouting application for a tunnel project and a load-reducing fill for a retaining wall, along with various smaller or mid-sized projects focused on lightweight fill applications throughout Canada and the U.S. The awards underscore the confidence clients place in CEMATRIX's capabilities, as expressed by President and CEO Randy Boomhour, who noted a healthy sales pipeline and strong bidding activity as they approach a busy construction season.
CEMATRIX specializes in cellular concrete, a flowable, self-leveling material with excellent insulating properties, offering cost-effective solutions to geotechnical challenges. The company's offerings include engineered fill, insulating road subbases, tunnel backfills, and various other applications.
CEMATRIX is not just surviving but thriving, boasting significant revenue streams, positive EBITDA, and a robust balance sheet. The company is well-integrated with its subsidiaries, which include CEMATRIX (Canada) Inc., MixOnSite USA Inc., and Pacific International Grout Company.
As CEMATRIX looks ahead, it emphasizes its commitment to delivering quality and cost-effective solutions while continuously building a solid reputation in the industry. The announcement reflects optimism for the future, driven by a strong operational foundation and ongoing demand for their innovative products and services.
MWN-AI** Analysis
CEMATRIX Corporation's recent announcement of $5.2 million in new contract awards is a notable development that underscores its growth trajectory and resilience in the specialty construction sector. This achievement, which includes contracts related to geotechnical applications such as grouting and lightweight fill, reflects strong customer trust in CEMATRIX’s capacity to deliver quality concrete solutions.
From a market perspective, investors should consider several key factors when evaluating CEMATRIX’s stock potential. The company is positioning itself to capitalize on a robust sales pipeline and increased bidding activity, suggesting an optimistic outlook for revenue growth in 2026 and 2027. This forward momentum is bolstered by the company’s healthy financials, including positive EBITDA and cash flow from operations, which provide a solid foundation for continued investment in growth and innovation.
However, investors should remain aware of the cautionary notes surrounding forward-looking statements. Risks related to contractual timelines, labor market fluctuations, and supply chain disruptions could impact CEMATRIX’s ability to meet project deadlines. The construction industry can be particularly sensitive to economic conditions, and any downturn could affect project availability and profitability.
In summary, CEMATRIX presents a compelling investment opportunity, driven by its recent contract wins and strong operational fundamentals. Long-term investors may find value in the company’s capability to deliver innovative solutions in a growing market. However, close attention should be paid to external economic factors and operational risks that may affect future performance. As the company continues to establish its reputation for quality, its stock may see upward momentum, making it a potential candidate for growth-focused portfolios.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
CALGARY, Alberta, Feb. 23, 2026 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSX: CEMX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company"), a specialty construction contractor that produces cellular concrete solutions on site and is a leading manufacturer and supplier of cellular concrete in North America announces that it has won $5.2 million in new contract awards.
New Contract Award Details:
The awards are in the form of contracts and contracts in process. Some of this work related to these awards should be completed in 2026 and most will be completed in 2027. Some of the larger awards include:
- a grouting application on a tunnel project;
- a load reducing fill application on a retaining wall project;
- the remaining projects are small to mid-sized projects for lightweight fill applications in Canada and the US.
“These significant early wins represent a continuation of our great start to 2026. These awards continue to demonstrate the trust that our customers have in CEMATRIX’s sales and operations teams to consistently delivering quality solutions for their geotechnical construction needs. We continue to see strong bidding activity and a robust sales pipeline well into the future. We are one month closer to spring weather to kick start what we expect to be a busy 2026,” stated Mr. Randy Boomhour, President and CEO of CEMATRIX Corporation. “We remain passionate about providing value to our customers, by consistently delivering quality, cost-effective cellular concrete solutions, on time and on budget. Every successful project strengthens our reputation and makes the next sale easier.”
For more information about CEMATRIX please visit www.cematrix.com.
ABOUT CEMATRIX
CEMATRIX is a specialty construction contractor that produces cellular concrete solutions on site. Cellular concrete is a flowable, self-leveling, cement-based material with insulating properties. CEMATRIX provides customers with cost effective, innovative solutions to their geotechnical construction challenges.
Applications for cellular concrete include lightweight engineered fill, MSE & retaining wall fill, lightweight insulating road subbase, flowable self compacting fill, pipe & culvert abandonments, tunnel & annular grout, tunnel & shaft backfills, underwater / tremie fills, and shallow utility & foundation insulation.
CEMATRIX is a growth Company with significant revenue, positive EBITDA, positive cashflow from operations, a very healthy balance sheet, and a strong team in place. The Company’s wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (“CCI”), Chicago based MixOnSite USA Inc. (“MOS”), and Bellingham based Pacific International Grout Company (“PIGCO”). For more information, please visit our website at www.cematrix.com.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS
The information in this press release includes certain forward-looking statements which may constitute forward-looking information under applicable securities laws. These forward-looking statements are based on currently available competitive, financial and economic data and operating plans but are subject to risks and uncertainties. Forward-looking statements may include, without limitation, statements regarding the operations, business, financial condition, expected financial results, performance, prospects, ongoing objectives, strategies and outlook for CEMATRIX, including statements regarding: the anticipated commencement and completion of the project. Forward-looking statements may in some cases be identified by words such as "may," "will," "expects," "target," "future," "plans," "believes," "anticipates," "estimates," "projects," "intends," "should" or the negative of these terms, or similar expressions.
In addition to events beyond CEMATRIX's control, there are factors which could cause actual or future results, performance or achievements to differ materially from those expressed or inferred herein including, but not limited to, the risk of not being able to meet contractual schedules and other performance requirements, the risks associated with a third party’s failure to perform; the risk of not being able to meet its labour needs at reasonable costs; the risk of not being able to address any supply chain issues which may arise. These forward-looking statements are based on a variety of factors and assumptions including, but not limited to that: none of the risks identified above materialize, there are no unforeseen changes to economic and market conditions and no significant events occur outside the ordinary course of business. These assumptions are based on information currently available to CEMATRIX, including information obtained from third-party sources. While CEMATRIX believes that such third-party sources are reliable sources of information, CEMATRIX has not independently verified the information. CEMATRIX has not ascertained the validity or accuracy of the underlying economic assumptions contained in such information from third-party sources and hereby disclaims any responsibility or liability whatsoever in respect of any information obtained from third-party sources.
Risk factors are discussed in greater detail in CEMATRIX’s 2024 Management’s Discussion and Analysis for the fiscal year ended December 31, 2024 and CEMATRIX’s Annual Information Form dated December 31, 2024, each filed on SEDAR+ (www.sedarplus.ca). Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and CEMATRIX undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.
For further information, please contact:
CEMATRIX Investor Relations
Attention: Randy Boomhour, CEO
Phone: 403-219-0484
Email: public.company@cematrix.com
or
Bristol Capital
Attention: Glen Akselrod, President
Phone: (905) 326-1888 ext. 1
Email: glen@bristolir.com
FAQ**
How do the recent contract awards for CEMATRIX Corporation, particularly in light of the awarded contracts related to "Centrex Metals Ltd Ord CTXXF," impact the company’s revenue projections for 2026 and beyond?
Considering the competitive landscape in North America, how does CEMATRIX plan to leverage its position relative to "Centrex Metals Ltd Ord CTXXF" to ensure sustained growth in cellular concrete solutions?
What specific measures is CEMATRIX undertaking to mitigate the risks associated with labor needs and supply chain disruptions that could affect projects tied to "Centrex Metals Ltd Ord CTXXF"?
With the robust sales pipeline mentioned in the announcement, how does CEMATRIX plan to maintain operational efficiency and quality assurance in relation to ongoing projects involving "Centrex Metals Ltd Ord CTXXF"?
**MWN-AI FAQ is based on asking OpenAI questions about Centrex Metals Ltd Ord (OTC: CTXXF).
NASDAQ: CTXXF
CTXXF Trading
1.67% G/L:
$0.305 Last:
93,586 Volume:
$0.309 Open:
