Company Overview
Cemtrex Inc. (NASDAQ: CETX) develops electronic emissions monitoring systems as well as industrial filters. While this is its primary market, it has also expanded into industrial engineering and electrical systems. The company is in a growing market worldwide, and is a leader in the production of emissions monitoring software. Cemtrex is a growth stock with $56.9 million a year in revenues, a 20% revenue growth rate between 2014 and 2015, and a heavy emphasis on acquisitions. In its most recent investor presentation (May, 2016), the company has projected yearly revenues of $80 million and believes the business has more room to grow. Finally, on June 2nd it acquired the German automotive electronics manufacturer Periscope; this represents an excellent opportunity to growth the company.
