CETX | Market Cap: $4.3M (07/13/26)
Industry:
Hardware Commercial Services

DESCRIPTION

Cemtrex is a small multi-industry holding company with two operating businesses. The first, Vicon Industries, sells end-to-end video surveillance and security systems — including cameras, servers, access control hardware, and AI-based video analytics software — to commercial and government facilities like prisons, hospitals, and universities. Vicon sells primarily through system integrators and channel partners rather than directly to end users. The second business, Advanced Industrial Services (AIS), provides on-site industrial services — rigging, millwrighting, equipment installation, maintenance, and scaffolding — to manufacturers in sectors like automotive, chemicals, and packaging. AIS wins business through competitive bidding, with contract cycles typically running two to twelve months. Cemtrex is pursuing a third segment through the pending acquisition of Invocon, a Texas-based aerospace and defense instrumentation firm that supplies sensors and flight hardware for satellites, launch vehicles, and the International Space Station. Cemtrex's stated strategy is to acquire businesses with attractive margins, strong customer retention, and low capital intensity. The company has faced persistent financial stress, including multiple Nasdaq listing deficiency notices, and has addressed these through repeated equity offerings and three reverse stock splits between late 2024 and 2025.

Read full business overview →