Cematrix wins $4.7-million in contract awards

Executive Summary

• Cematrix Corp. announced $4.7 million in new contract awards expected to be completed by 2026.
• The awards include a grouting application for city infrastructure, a load‑reducing fill for an abandonment project, and multiple lightweight fill projects across Canada and the United States.
• Management indicated that Q1 revenue may be modest relative to last year but expects a record second quarter, positioning the company for a strong full‑year performance in 2026.

Key Details

• Total value of newly awarded contracts: $4.7 million.
• Project timeline: all work anticipated to be finished by 2026.
• Major awards:
• Grouting application for a city infrastructure project.
• Load‑reducing fill application for an abandonment project.
• Additional awards: numerous small‑to‑mid‑size lightweight fill projects in Canada and the United States.
• CEO Randy Boomhour highlighted continued sales momentum into March and a robust pipeline extending well beyond 2026.
• Management cautioned that quarterly revenue can fluctuate due to timing of large scopes, expecting Q1 2026 to be slightly lower than the prior year but forecasting a record Q2 to offset early‑year softness.

Notable Quotes

“Our sales momentum has continued into March… We remain passionate about providing value to our customers, by consistently delivering quality, cost‑effective cellular concrete solutions, on time and on budget.” – Randy Boomhour, President & CEO

“We do not control when large scopes of work start and stop… we expect that this slower start to the year will be more than offset by an expected record second quarter…” – Randy Boomhour, President & CEO