Cemtrex, Inc. operates within the Electrical repair shops sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Cemtrex with three other
miscellaneous service shops in North America:
Concierge Technologies Inc
(2020
sales of $26.75 million
of which 58%
was U.S.A. : investment fund management),
Cinedigm Corp
($39.29 million
of which 68%
was Cinema Equipment Business), and
Research Solutions Inc
($31.06 million
).
Sales Analysis.
During the year ended September of 2020, sales at
Cemtrex were $43.52 million.
This
is
an
increase of 10.8%
versus 2019, when the company's sales were $39.27 million.
Despite this increase, sales are still
well
below the level achieved in 2018, when Cemtrex
reported sales of $89.94 million.
Sales of Advanced Technologies saw an increase
that was more than double the company's growth rate: sales were up
33.6% in 2020, from
$19.27 million to $25.75 million.
Not all segments of Cemtrex experienced an increase in sales in 2020:
sales of Industrial Services fell 11.1% to $17.77 million.