$CETX
CEMTREX INC

2012 Q3 Form 10-Q Financial Statement

#000114420412043536 Filed on August 08, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2012 Q2 2011 Q3
Revenue $4.800M $3.672M
YoY Change -38.82%
Cost Of Revenue $4.910M $3.312M
YoY Change -36.11%
Gross Profit -$120.0K $359.8K
YoY Change -56.0%
Gross Profit Margin -2.5% 9.8%
Selling, General & Admin -$170.0K $250.0K
YoY Change
% of Gross Profit 69.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $10.00K
YoY Change
% of Gross Profit 2.78%
Operating Expenses -$170.0K $250.8K
YoY Change -32.28%
Operating Profit $50.00K $109.0K
YoY Change -75.63%
Interest Expense -$10.00K $5.392K
YoY Change -71.53%
% of Operating Profit -20.0% 4.95%
Other Income/Expense, Net -$30.00K -$5.392K
YoY Change -71.53%
Pretax Income $20.00K $103.6K
YoY Change -75.81%
Income Tax -$260.0K $38.98K
% Of Pretax Income -1300.0% 37.61%
Net Earnings $280.0K $64.65K
YoY Change -84.91%
Net Earnings / Revenue 5.83% 1.76%
Basic Earnings Per Share $0.01
Diluted Earnings Per Share $333.3K $0.01
COMMON SHARES
Basic Shares Outstanding 39.82M shares 39.82M shares
Diluted Shares Outstanding 39.82M shares

Balance Sheet

Concept 2012 Q3 2012 Q2 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $330.0K $70.00K
YoY Change
Cash & Equivalents $333.0K $72.52K $415.4K
Short-Term Investments
Other Short-Term Assets $390.0K $260.0K
YoY Change
Inventory $196.8K $321.8K $317.9K
Prepaid Expenses
Receivables $293.2K $167.8K $261.5K
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.572M $825.5K $1.258M
YoY Change 24.93%
LONG-TERM ASSETS
Property, Plant & Equipment $20.47K $23.25K $39.33K
YoY Change -47.96%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $80.00K
YoY Change
Other Assets $6.270K $64.23K $4.225K
YoY Change 48.4%
Total Long-Term Assets $106.7K $702.3K $1.171M
YoY Change -90.89%
TOTAL ASSETS
Total Short-Term Assets $1.572M $825.5K $1.258M
Total Long-Term Assets $106.7K $702.3K $1.171M
Total Assets $1.678M $1.528M $2.429M
YoY Change -30.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $320.7K $222.1K $650.4K
YoY Change -50.69%
Accrued Expenses $38.52K $96.59K $148.5K
YoY Change -74.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $359.2K $578.3K $814.5K
YoY Change -55.89%
LONG-TERM LIABILITIES
Long-Term Debt $480.0K $430.0K
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $476.5K $431.3K $1.520M
YoY Change -68.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $359.2K $578.3K $814.5K
Total Long-Term Liabilities $476.5K $431.3K $1.520M
Total Liabilities $835.7K $1.010M $2.335M
YoY Change -64.2%
SHAREHOLDERS EQUITY
Retained Earnings $635.4K $410.8K -$12.84K
YoY Change -5047.1%
Common Stock $40.60K $39.82K $39.82K
YoY Change 1.95%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $842.7K $518.2K $94.49K
YoY Change
Total Liabilities & Shareholders Equity $1.678M $1.528M $2.429M
YoY Change -30.91%

Cashflow Statement

Concept 2012 Q3 2012 Q2 2011 Q3
OPERATING ACTIVITIES
Net Income $280.0K $64.65K
YoY Change -84.91%
Depreciation, Depletion And Amortization $0.00 $10.00K
YoY Change
Cash From Operating Activities $190.0K $1.080M
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$80.00K
YoY Change
Cash From Investing Activities -$80.00K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 150.0K -1.090M
YoY Change
NET CHANGE
Cash From Operating Activities 190.0K 1.080M
Cash From Investing Activities -80.00K
Cash From Financing Activities 150.0K -1.090M
Net Change In Cash 260.0K -10.00K
YoY Change
FREE CASH FLOW
Cash From Operating Activities $190.0K $1.080M
Capital Expenditures
Free Cash Flow
YoY Change

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dei Document Fiscal Period Focus
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dei Trading Symbol
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dei Entity Registrant Name
EntityRegistrantName
CEMTREX INC
dei Amendment Flag
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dei Entity Filer Category
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dei Document Fiscal Year Focus
DocumentFiscalYearFocus
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dei Document Type
DocumentType
10-Q
dei Document Period End Date
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dei Entity Central Index Key
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dei Current Fiscal Year End Date
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<div style="FONT: 10pt Times New Roman, Times, Serif"> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"><b>Note 1 &#x2013; Organization, Business &amp; Operations</b></p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &#xA0;</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Cemtrex, Inc. and its wholly-owned subsidiary Griffin Filters, LLC (collectively the &#x201C;Company&#x201D;), is engaged in manufacturing and selling advanced instruments for emission monitoring of particulate, opacity, mercury, sulfur dioxide, nitrogen oxides, etc. Company's products are sold to power plants, refineries, chemical plants, cement plants and other industries including federal and state governmental agencies. Through its wholly-owned subsidiary, Griffin Filters, the Company designs, manufactures and sells air filtration and environmental control equipment and systems to a variety of industries.</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &#xA0;</p> <p style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Cemtrex, Inc. was incorporated as Diversified American Holding, Inc. on April 27, 1998. On December 16, 2004, the Company changed its name to Cemtrex, Inc. On April 30, 2007, Cemtrex, Inc. acquired Griffin Filters, LLC (see Note 5 &#x2013; Business Combination and Related Party Transactions).</p> </div>
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