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Cemtrex, Inc. experienced significant growth in the second quarter of fiscal year 2025, with revenues increasing by 58.8% and net income showing a substantial improvement compared to the same period last year. The Security segment, in particular, saw a large sale that contributed significantly to the overall revenue increase.
Cemtrex, Inc. reported a total revenue of $13,739,899 for the three months ended December 31, 2024, a decrease from $16,878,166 in the same period last year. The company experienced a net loss of $28,934,519, compared to a net loss of $1,303,903 in the prior year, largely driven by losses on warrant liabilities. Diluted EPS for continuing operations was -$16.15.