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Cemtrex Inc.
Symbol:  CTEI


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Business Summary: Cemtrex, Inc. designs, engineers, assembles, and sells emission monitoring equipment and instruments, and air filtration products to the chemicals, pulp and paper, steel, power, coal, and petrochemical industries, as well as to municipalities, hospitals, and state and federal governments.
 
Address
  19 Engineers Lane
  Farmingdale , NY 11735
  Phone: 631-756-9116
  Fax: 631-420-4985
  Website: http://www.cemtrex.com
Auditor
  Gruber & Company
Transfer Agent
  First American Stock Transfer
Employees:  24
ShareHolders:  109
Founded:  1998
Domicile:  Delaware
 
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Cemtrex Inc.
Symbol:  CTEI


Click here for a printable version
Cemtrex, Inc. designs, engineers, assembles, and sells emission monitoring equipment and instruments, and air filtration products to the chemicals, pulp and paper, steel, power, coal, and petrochemical industries, as well as to municipalities, hospitals, and state and federal governments. Its emission monitoring systems are installed at the exhaust stacks of industrial facilities and are used to measure the outlet flue gas concentrations of regulated pollutants, such as sulfur dioxide, hydrogen chloride, hydrogen sulfide, nitrous oxides, ammonia, nitrogen oxide, carbon dioxide, carbon monoxide, and other regulated pollutants. The company offers opacity monitors for stack opacity and dust measurements; direct-extractive and dilution-extractive continuous emission monitor equipment and systems that are applicable for utilities, industrial boilers, FGD systems, SCR-NOx control, furnaces, gas turbines, process heaters, incinerators, and process controls; ammonia analyzers for monitoring ammonia, nitrogen oxides, and sulfur dioxide by process analyzers that utilize UV absorbance techniques for detection; and mercury analyzers. It also offers green direct controlled ventilation systems; and markets technologies and services for carbon credit projects through abatement of greenhouse gases, such as methane, nitrous oxide, and carbon dioxide. In addition, the company provides replacement and spare parts, and repair and refurbishment services for emission monitoring systems. Cemtrex markets its products and services through manufacturing representatives, distributors, direct salespersons, magazine advertisements, Internet advertising, trade shows, trade directories, and catalogue listings. The company is based in Farmingdale, New York.
History:  INCORPORATED in Delaware Apr. 27, 1998, as Diversified American Holdings, Inc.; name changed to Strateginet, Inc. Nov. 13, 1998, and to Cemtrex Inc. Dec. 16, 2004. December 30, 2004, acquired certain assets from Ducon Technologies, Inc. for 1,950,000 Common shares. April 30, 2007, acquired all of the issued and outstanding membership interests of Griffin Filters LLC for a purchase price of $2,750,000, which consisted of cash of $700,000, the issuance of 20,000,000 Common shares valued at $750,000, and a convertible debenture in the amount of $1,300,000.
 
Subsidiaries:
Griffin Filters LLC
 
 
 
 
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Cemtrex Inc.
Symbol:  CTEI


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Management
OfficersPosition
 Arun  GovilChairman, President, Treasurer & Chief Executive Officer
 Renato Dela RamaChief Financial Officer
 Metodi  FilipovSecretary

Directors
 Metodi  Filipov
 Arun  Govil
 Ravi G. Narayan
 Renato Dela Rama
 
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Cemtrex Inc.
Symbol:  CTEI


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Capitalization as of 09/30/2009:
 
 Authorized SharesOutstanding Shares
Common $0.001 par60,000,00039,722,862
Preferred $0.001 par10,000,000None
 
LONG TERM DEBT: $390,520.
 
Common $0.001 par
 
Stockholders:  01/08/2010, 109.
Transfer Agent:  First American Stock Transfer   Phoenix , AZ
 
OTC Bulletin Board( Primary): CTEI
 
ExchangeYearHighLow
OTC Bulletin Board20090.75000.0100
Over The Counter20080.03200.0040
Over The Counter20070.25000.0040
 
DIVIDENDS: Common $0.001 par: No cash. Common reverse split 1-for-25, Aug. 21, 2007.
 
 
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Cemtrex Inc.
Symbol:  CTEI


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Annual Report
 
Income Statement
  20082007
Revenues6,6705,848
Cost & exps.6,3925,951
Oper. income as calculated278(103)
Other income--36
Total income278(67)
Depr. & amort.3313
Interest exp.12744
Net income118(124)
Share earns. basicNilNil
Share earns. dilutedNilNil
Avge. com. shs. (Thou.)30,30830,308
 
Balance Sheet
  20082007
Assets:
Cash & equiv.61144
Accts. rec., net1,528780
Inventories457253
Other curr. assets84
Tot. curr. assets2,0541,181
Net property18062
Other assets422
Total assets2,2381,265
Liabilities:
Notes Payable-Shareholder4679
Accts. pay.940915
Accrued Expenses907449
Customer Deposits--85
Tot. curr. liabs.2,3141,458
Convertible Debenture1,3001,300
Com. stk. p.$0.0013434
Paid-in cap.(1,260)(1,259)
Retained earns.(150)(268)
Total liabs.2,2381,265
Common Shares (Thou.)34,32834,328
 
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Cemtrex Inc.
Symbol:  CTEI


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Interim Report   
 
Data Not Available
 
 
 
 
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Cemtrex Inc.
Symbol:  CTEI


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Pro Forma Report   
 
Data Not Available
 
 
 
 
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Cemtrex Inc.
Symbol:  CTEI


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Quarterly Report Information   
 
Quarterly Revenue, US$
YearQuarterRevenue
  2010   1890,000
  2010   21,020,000
  2009   12,220,000
  2009   21,750,000
  2009   31,700,000
  2009   41,290,000
  2009   Full Year 6,970,000
  2008   11,240,000
  2008   22,000,000
  2008   31,270,000
  2008   42,160,000
  2008   Full Year 6,670,000
  2007   1240,000
  2007   2410,000
  2007   31,440,000
  2007   41,440,000
  2007   Full Year 3,530,000
  2006   Full Year 720,000
  2005   2250,000
 
 
Quarterly Net Income, US$
YearQuarterRevenue
  2010   1(30,000)
  2010   2(160,000)
  2009   170,000
  2009   2120,000
  2009   3(110,000)
  2009   4(20,000)
  2009   Full Year 160,000
  2008   Full Year 70,000
  2007   Full Year (120,000)
 
 
Quarterly EPS, US$
YearQuarterRevenue
  2010   1Nil
  2010   2Nil
  2009   1Nil
  2009   2Nil
  2009   3Nil
  2009   4Nil
  2009   Full Year Nil
  2008   1Nil
  2008   2Nil
  2008   3Nil
  2008   4(.01)
  2008   Full Year Nil
  2007   1Nil
  2007   2.03
  2007   3Nil
  2007   4Nil
  2007   Full Year Nil
  2006   Full Year Nil
  2005   2.01
 
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