$CETX
CEMTREX INC Stock $cetx

$cetx Overview Financials Valuation SEC Filings Company Website

2016 Q3 Form 10-Q Financial Statement

#000114420416119364 Filed on August 15, 2016

Income Statement

Concept	2016 Q3	2016 Q2	2015 Q3
Revenue	$36.77M	$24.71M	$14.05M
YoY Change	161.71%	68.52%	2.63%
Cost Of Revenue	$25.42M	$16.56M	$10.25M
YoY Change	148.0%	58.99%	11.9%
Gross Profit	$11.35M	$8.159M	$3.800M
YoY Change	198.68%	91.87%	-16.11%
Gross Profit Margin	30.87%	33.01%	27.05%
Selling, General & Admin	$9.340M	$6.460M	$3.180M
YoY Change	193.71%	80.95%	-12.64%
% of Gross Profit	82.29%	79.18%	83.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.170M	$460.0K	$310.0K
YoY Change	277.42%	411.11%	3.33%
% of Gross Profit	10.31%	5.64%	8.16%
Operating Expenses	$9.340M	$6.461M	$3.180M
YoY Change	193.71%	80.94%	-12.64%
Operating Profit	$2.010M	$1.697M	$620.0K
YoY Change	224.19%	149.2%	-30.34%
Interest Expense	-$80.00K	$237.7K	-$30.00K
YoY Change	166.67%	73.28%	-80.0%
% of Operating Profit	-3.98%	14.0%	-4.84%
Other Income/Expense, Net	$1.130M	-$142.9K	-$60.00K
YoY Change	-1983.33%	-157.96%	-220.0%
Pretax Income	$3.060M	$1.554M	$530.0K
YoY Change	477.36%	67.56%	-32.91%
Income Tax	$1.020M	$123.3K	$120.0K
% Of Pretax Income	33.33%	7.93%	22.64%
Net Earnings	$2.040M	$1.430M	$420.0K
YoY Change	385.71%	51.72%	-45.45%
Net Earnings / Revenue	5.55%	5.79%	2.99%
Basic Earnings Per Share
Diluted Earnings Per Share	$1.729M	$0.16	$451.6K
COMMON SHARES
Basic Shares Outstanding	9.411M shares	8.804M shares	6.964M shares
Diluted Shares Outstanding		8.873M shares

Balance Sheet

Concept	2016 Q3	2016 Q2	2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$6.050M	$2.380M	$1.490M
YoY Change	306.04%	173.56%	109.86%
Cash & Equivalents	$6.050M	$2.380M	$1.487M
Short-Term Investments			$0.00
Other Short-Term Assets	$3.250M	$742.0K	$773.5K
YoY Change	320.17%	-2.18%	45.94%
Inventory	$14.07M	$14.53M	$6.370M
Prepaid Expenses
Receivables	$13.57M	$11.24M	$4.771M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$36.93M	$33.18M	$13.52M
YoY Change	173.13%	111.3%	17.11%
LONG-TERM ASSETS
Property, Plant & Equipment	$17.65M	$18.39M	$8.143M
YoY Change	116.76%	133.23%	10.05%
Goodwill		$845.0K	$845.0K
YoY Change		0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$540.0K	$66.30K	$35.63K
YoY Change	1415.58%	55.3%	-32.04%
Total Long-Term Assets	$19.10M	$19.31M	$9.023M
YoY Change	111.68%	120.02%	8.76%
TOTAL ASSETS
Total Short-Term Assets	$36.93M	$33.18M	$13.52M
Total Long-Term Assets	$19.10M	$19.31M	$9.023M
Total Assets	$56.03M	$52.49M	$22.54M
YoY Change	148.53%	114.42%	13.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$7.730M	$8.135M	$4.209M
YoY Change	83.66%	23.96%	54.64%
Accrued Expenses	$5.440M	$5.390M	$309.1K
YoY Change	1659.78%	897.4%	-29.81%
Deferred Revenue
YoY Change
Short-Term Debt	$5.800M	$4.140M	$1.930M
YoY Change	200.52%	91.67%	179.71%
Long-Term Debt Due	$3.450M	$2.104M	$654.0K
YoY Change	427.51%	231.92%	-5.18%
Total Short-Term Liabilities	$25.15M	$23.25M	$8.827M
YoY Change	184.92%	149.26%	125.53%
LONG-TERM LIABILITIES
Long-Term Debt	$15.09M	$14.77M	$6.590M
YoY Change	128.98%	60.54%	-33.64%
Other Long-Term Liabilities	$0.00	$1.340M
YoY Change
Total Long-Term Liabilities	$15.09M	$16.11M	$6.590M
YoY Change	128.98%	75.11%	-33.64%
TOTAL LIABILITIES
Total Short-Term Liabilities	$25.15M	$23.25M	$8.827M
Total Long-Term Liabilities	$15.09M	$16.11M	$6.590M
Total Liabilities	$40.34M	$39.37M	$15.42M
YoY Change	161.63%	112.46%	-4.82%
SHAREHOLDERS EQUITY
Retained Earnings		$9.384M	$6.431M
YoY Change		56.05%	79.0%
Common Stock		$9.291K	$7.158K
YoY Change		34.95%	5.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$15.69M	$13.12M	$7.126M
YoY Change
Total Liabilities & Shareholders Equity	$56.03M	$52.49M	$22.54M
YoY Change	148.53%	114.42%	13.62%

Cashflow Statement

Concept	2016 Q3	2016 Q2	2015 Q3
OPERATING ACTIVITIES
Net Income	$2.040M	$1.430M	$420.0K
YoY Change	385.71%	51.72%	-45.45%
Depreciation, Depletion And Amortization	$1.170M	$460.0K	$310.0K
YoY Change	277.42%	411.11%	3.33%
Cash From Operating Activities	$3.010M	$3.020M	$930.0K
YoY Change	223.66%	155.93%	-193.0%
INVESTING ACTIVITIES
Capital Expenditures	-$290.0K	-$250.0K	-$570.0K
YoY Change	-49.12%	-68.75%	-20.83%
Acquisitions
YoY Change
Other Investing Activities	-$170.0K	-$8.920M	$0.00
YoY Change			-100.0%
Cash From Investing Activities	-$480.0K	-$9.170M	-$570.0K
YoY Change	-15.79%	1046.25%	-113.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	1.140M	5.240M	250.0K
YoY Change	356.0%	-52500.0%	-105.81%
NET CHANGE
Cash From Operating Activities	3.010M	3.020M	930.0K
Cash From Investing Activities	-480.0K	-9.170M	-570.0K
Cash From Financing Activities	1.140M	5.240M	250.0K
Net Change In Cash	3.670M	-910.0K	610.0K
YoY Change	501.64%	-345.95%	-152.59%
FREE CASH FLOW
Cash From Operating Activities	$3.010M	$3.020M	$930.0K
Capital Expenditures	-$290.0K	-$250.0K	-$570.0K
Free Cash Flow	$3.300M	$3.270M	$1.500M
YoY Change	120.0%	65.15%	-635.71%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.36
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	6794225	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8116266	shares
CY2016Q2	us-gaap	Inventory Net InventoryNet	14531631	USD
CY2015Q3	us-gaap	Inventory Net InventoryNet	6369516	USD
CY2016Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	4150971	USD
CY2015Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	893792	USD
CY2016Q2	us-gaap	Assets Current AssetsCurrent	33179973	USD
CY2015Q3	us-gaap	Assets Current AssetsCurrent	13521089	USD
CY2016Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	18394744	USD
CY2015Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8142523	USD
CY2016Q2	us-gaap	Goodwill Goodwill	845000	USD
CY2015Q3	us-gaap	Goodwill Goodwill	845000	USD
CY2016Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	66299	USD
CY2015Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	35630	USD
CY2016Q2	us-gaap	Assets Assets	52486016	USD
CY2015Q3	us-gaap	Assets Assets	22544242	USD
CY2016Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	8135336	USD
CY2015Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	4208783	USD
CY2016Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	5390368	USD
CY2015Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	309130	USD
CY2016Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	171626	USD
CY2015Q3	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	73746	USD
CY2016Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	2104098	USD
CY2015Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	654020	USD
CY2015Q3	us-gaap	Liabilities Current LiabilitiesCurrent	8827185	USD
CY2016Q2	us-gaap	Long Term Loans From Bank LongTermLoansFromBank	7095481	USD
CY2015Q3	us-gaap	Long Term Loans From Bank LongTermLoansFromBank	2383815	USD
CY2016Q2	us-gaap	Other Long Term Debt Noncurrent OtherLongTermDebtNoncurrent	3911746	USD
CY2015Q3	us-gaap	Other Long Term Debt Noncurrent OtherLongTermDebtNoncurrent	4088618	USD
CY2016Q2	us-gaap	Liabilities Liabilities	39365273	USD
CY2015Q3	us-gaap	Liabilities Liabilities	15418673	USD
CY2016Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	4435863	USD
CY2015Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1020444	USD
	us-gaap	Interest Expense InterestExpense	597826	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	426076	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-38539	USD
CY2016Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	9384186	USD
CY2015Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	6430855	USD
CY2016Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-709597	USD
CY2015Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-333888	USD
CY2016Q2	us-gaap	Stockholders Equity StockholdersEquity	13120743	USD
CY2016Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	52486016	USD
CY2015Q3	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	1274000	USD
CY2016Q2	us-gaap	Preferred Stock Value PreferredStockValue	1000	USD
CY2015Q3	us-gaap	Preferred Stock Value PreferredStockValue	1000	USD
CY2016Q2	us-gaap	Common Stock Value CommonStockValue	9291	USD
CY2015Q3	us-gaap	Common Stock Value CommonStockValue	7158	USD
CY2016Q2	us-gaap	Notes Payable Related Parties Noncurrent NotesPayableRelatedPartiesNoncurrent	3319200	USD
CY2015Q3	us-gaap	Notes Payable Related Parties Noncurrent NotesPayableRelatedPartiesNoncurrent	119055	USD
CY2016Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	11236903	USD
CY2015Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	4771044	USD
CY2016Q2	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	883942	USD
CY2015Q3	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	0	USD
CY2016Q2	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	0	USD
CY2015Q3	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	0	USD
CY2016Q2	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	2723483	USD
CY2015Q3	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	2129711	USD
CY2016Q2	us-gaap	Long Term Notes Payable LongTermNotesPayable	445865	USD
CY2015Q3	us-gaap	Long Term Notes Payable LongTermNotesPayable	0	USD
	us-gaap	Revenues Revenues	42839477	USD
	us-gaap	Revenues Revenues	56937646	USD
	us-gaap	Cost Of Revenue CostOfRevenue	30319710	USD
	us-gaap	Cost Of Revenue CostOfRevenue	39073351	USD
	us-gaap	Gross Profit GrossProfit	12519767	USD
	us-gaap	Gross Profit GrossProfit	17864295	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	10639893	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	14805001	USD
	us-gaap	Operating Expenses OperatingExpenses	10639893	USD
	us-gaap	Operating Expenses OperatingExpenses	14805001	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	1879874	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	3059294	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	893302	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	559287	USD
	us-gaap	Interest Expense InterestExpense	467226	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	2305950	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	3020755	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-115000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	67424	USD
	us-gaap	Net Income Loss NetIncomeLoss	2953331	USD
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.36
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.36
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.35
CY2016Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8872966	shares
CY2015Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-113747	USD
CY2016Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	38392	USD
CY2015Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	828758	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1469432	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	458306	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	1125297	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	6989	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-304636	USD
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	6924603	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8184552	shares
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-382349	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-375709	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2038601	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2577622	USD
CY2015Q2	us-gaap	Revenues Revenues	14665748	USD
CY2016Q2	us-gaap	Revenues Revenues	24714853	USD
CY2015Q2	us-gaap	Cost Of Revenue CostOfRevenue	10413546	USD
CY2016Q2	us-gaap	Cost Of Revenue CostOfRevenue	16556184	USD
CY2015Q2	us-gaap	Gross Profit GrossProfit	4252202	USD
CY2016Q2	us-gaap	Gross Profit GrossProfit	8158669	USD
CY2015Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3571136	USD
CY2016Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6461447	USD
CY2015Q2	us-gaap	Operating Expenses OperatingExpenses	3571136	USD
CY2016Q2	us-gaap	Operating Expenses OperatingExpenses	6461447	USD
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	681066	USD
CY2016Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	1697222	USD
CY2015Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	383693	USD
CY2016Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	94781	USD
CY2015Q2	us-gaap	Interest Expense InterestExpense	137154	USD
CY2016Q2	us-gaap	Interest Expense InterestExpense	237665	USD
CY2015Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	246539	USD
CY2016Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-142884	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	927605	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	1554338	USD
CY2016Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	123298	USD
CY2015Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.14
CY2015Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
CY2016Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.16
CY2015Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	6835623	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8804446	shares
CY2015Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	6882870	shares
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1278634	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-735408	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-9737	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-133539	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	3841414	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1551391	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	100005	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	558828	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	0	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	90730	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	0	USD
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	193733	USD
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	0	USD
	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	1680432	USD
	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	2160459	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	3107487	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	4891161	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	946207	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	366168	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-386392	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-16672788	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	0	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	2217936	USD
	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	0	USD
	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	6050000	USD
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	-1361936	USD
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	3200145	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-1994395	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	12671416	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	726700	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	889789	USD
CY2014Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	146095	USD
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	872795	USD
	us-gaap	Interest Paid InterestPaid	244525	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	5032	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	267273	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	51272	USD
	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	-559815	USD
	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	0	USD
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	1528000	USD
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	3077500	USD
	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	16306620	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	3253862	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2704575	USD
	us-gaap	Interest Expense Debt InterestExpenseDebt	116548	USD
	us-gaap	Interest Expense Debt InterestExpenseDebt	0	USD
	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	275515	USD
	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	0	USD
	cetx	Increase Decresae In Revolving Line Of Credit IncreaseDecresaeInRevolvingLineOfCredit	-1602516	USD
	cetx	Increase Decresae In Revolving Line Of Credit IncreaseDecresaeInRevolvingLineOfCredit	0	USD
	cetx	Shares Issued For Acquisition SharesIssuedForAcquisition	1000000	USD
	cetx	Shares Issued For Acquisition SharesIssuedForAcquisition	0	USD
	us-gaap	Interest Paid InterestPaid	597826	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-139000	USD
	us-gaap	Business Acquisition Effective Date Of Acquisition1 BusinessAcquisitionEffectiveDateOfAcquisition1	2015-12-15
CY2015Q4	us-gaap	Business Combination Consideration Transferred1 BusinessCombinationConsiderationTransferred1	7500000	USD
CY2015Q4	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	476340	USD
CY2015Q4	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	5000000	USD
CY2015Q4	us-gaap	Business Combination Consideration Transferred Other1 BusinessCombinationConsiderationTransferredOther1	1500000	USD
CY2015Q4	us-gaap	Business Combination Consideration Transferred Equity Interests Issued And Issuable BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable	1000000	USD
CY2015Q4	us-gaap	Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued	315458	shares
CY2015Q4	cetx	Business Acquisition Average Annual Revenue Of Acquiree BusinessAcquisitionAverageAnnualRevenueOfAcquiree	23000000	USD
CY2015Q4	cetx	Business Acquisition Annual Normalized Earnings Before Interest Taxation Depreciation And Amortization Of Acquiree BusinessAcquisitionAnnualNormalizedEarningsBeforeInterestTaxationDepreciationAndAmortizationOfAcquiree	2400000	USD
CY2016Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	64771	USD
CY2016Q2	us-gaap	Accounts Receivable Gross AccountsReceivableGross	11301674	USD
CY2015Q3	us-gaap	Accounts Receivable Gross AccountsReceivableGross	4836046	USD
CY2016Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	10204942	USD
CY2015Q3	us-gaap	Inventory Raw Materials InventoryRawMaterials	3345432	USD
CY2016Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	2305434	USD
CY2015Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	1306906	USD
CY2016Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	2083049	USD
CY2015Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	1866145	USD
CY2016Q2	us-gaap	Inventory Adjustments InventoryAdjustments	61794	USD
CY2015Q3	us-gaap	Inventory Adjustments InventoryAdjustments	148967	USD
CY2016Q2	us-gaap	Land And Land Improvements LandAndLandImprovements	1179236	USD
CY2015Q3	us-gaap	Land And Land Improvements LandAndLandImprovements	1194979	USD
CY2016Q2	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	4973869	USD
CY2015Q3	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	3938544	USD
CY2016Q2	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	1138523	USD
CY2015Q3	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	576741	USD
CY2016Q2	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	1357930	USD
CY2015Q3	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	286638	USD
CY2016Q2	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	12607157	USD
CY2015Q3	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	3663526	USD
CY2016Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	2861971	USD
CY2015Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1517905	USD
CY2016Q2	us-gaap	Supplies Supplies	3353115	USD
CY2016Q2	us-gaap	Prepaid Taxes PrepaidTaxes	55874	USD
CY2016Q2	us-gaap	Other Assets Current OtherAssetsCurrent	741982	USD
CY2015Q2	us-gaap	Supplies Supplies	936388	USD
CY2015Q2	us-gaap	Other Assets Current OtherAssetsCurrent	758508	USD
CY2016Q2	cetx	Shares Reserved For Debt Conversion SharesReservedForDebtConversion	4000000	shares
CY2016Q2	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	24714853	USD
CY2015Q2	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	20791780	USD
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	61689300	USD
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	59206708	USD
CY2016Q2	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	1431040	USD
CY2015Q2	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	1818183	USD
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	2574744	USD
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	3068622	USD
CY2016Q2	cetx	Business Acquisition Pro Forma Earnings Per Share Basic And Diluted BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted	0.16
CY2015Q2	cetx	Business Acquisition Pro Forma Earnings Per Share Basic And Diluted BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted	0.25
	cetx	Business Acquisition Pro Forma Earnings Per Share Basic And Diluted BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted	0.3
	cetx	Business Acquisition Pro Forma Earnings Per Share Basic And Diluted BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted	0.43
CY2016Q2	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	0.16
CY2015Q2	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	0.25
	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	0.3
	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	0.43
CY2016Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2016Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2015Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	1000000	shares
CY2016Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2016Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2016Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	9290968	shares
CY2015Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7158087	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	2132881	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	118354	shares
	dei	Document Type DocumentType	10-Q
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Period End Date DocumentPeriodEndDate	2016-06-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Entity Registrant Name EntityRegistrantName	CEMTREX INC
	dei	Entity Central Index Key EntityCentralIndexKey	0001435064
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Trading Symbol TradingSymbol	CETX
CY2016Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	9410947	shares
	us-gaap	Debt Instrument Interest Rate Terms DebtInstrumentInterestRateTerms	The loans carry annual interest rates of 30 day LIBOR plus 2.25 and 2.0 respectively
CY2015Q3	us-gaap	Accounts Receivable Net AccountsReceivableNet	4771044	USD
CY2016Q2	us-gaap	Accounts Receivable Net AccountsReceivableNet	11236903	USD
CY2015Q3	us-gaap	Inventory Gross InventoryGross	6518483	USD
CY2016Q2	us-gaap	Inventory Gross InventoryGross	14593425	USD
CY2015Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	9660428	USD
CY2016Q2	cetx	Credit Card Payables Current CreditCardPayablesCurrent	347173	USD
CY2015Q3	cetx	Credit Card Payables Current CreditCardPayablesCurrent	0	USD
CY2016Q2	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	186797	USD
CY2015Q3	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	177795	USD
CY2016Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	1445229	USD
CY2015Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	0	USD
CY2016Q2	us-gaap	Notes Payable Current NotesPayableCurrent	717936	USD
CY2015Q3	us-gaap	Notes Payable Current NotesPayableCurrent	0	USD
CY2016Q2	us-gaap	Accounts Payable And Accrued Liabilities Noncurrent AccountsPayableAndAccruedLiabilitiesNoncurrent	1339935	USD
CY2015Q3	us-gaap	Accounts Payable And Accrued Liabilities Noncurrent AccountsPayableAndAccruedLiabilitiesNoncurrent	0	USD
CY2015Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2015Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2016Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	1000000	shares
CY2016Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	1000000	shares
CY2015Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	1000000	shares
CY2016Q2	us-gaap	Convertible Debt ConvertibleDebt	2031000	USD
CY2015Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2015Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2016Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	9290968	shares
CY2015Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7158087	shares
	us-gaap	Preferred Stock Voting Rights PreferredStockVotingRights	Each issued and outstanding Series A Preferred Share shall be entitled to the number of votes equal to the result of: (i) the number of shares of common stock of the Company issued and outstanding at the time of such vote multiplied by 1.01; divided by (ii) the total number of Series A Preferred Shares issued and outstanding at the time of such vote, at each meeting of shareholders of the Company with respect to any and all matters presented to the shareholders of the Company for their action or consideration, including the election of directors. Holders of Series A Preferred Shares shall vote together with the holders of Common Shares as a single class.
	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	-1184899	USD
	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	0	USD
	cetx	Increase Decrease In Credit Card Payables IncreaseDecreaseInCreditCardPayables	347173	USD
	cetx	Increase Decrease In Credit Card Payables IncreaseDecreaseInCreditCardPayables	0	USD
	us-gaap	Increase Decrease In Property And Other Taxes Payable IncreaseDecreaseInPropertyAndOtherTaxesPayable	9002	USD
	us-gaap	Increase Decrease In Property And Other Taxes Payable IncreaseDecreaseInPropertyAndOtherTaxesPayable	0	USD
CY2016Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	21256715	USD
CY2015Q4	us-gaap	Debt Instrument Description Of Variable Rate Basis DebtInstrumentDescriptionOfVariableRateBasis	2.25%
	us-gaap	Business Acquisition Name Of Acquired Entity BusinessAcquisitionNameOfAcquiredEntity	Advanced Industrial Services Inc.
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><i><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font>Reclassifications</i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><i> </i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Certain reclassifications have been made to prior period amounts to conform to the current period presentation.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
	us-gaap	Nature Of Operations NatureOfOperations	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="center"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font>NOTE 1 ORGANIZATION AND PLAN OF OPERATIONS</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The Company was incorporated on <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">April 27, 1998</font>, in the state of Delaware under the name "Diversified American Holdings, Inc." The Company subsequently changed its name to "Cemtrex Inc." on December 16, 2004. Unless the context requires otherwise, all references to “we”, “our”, “us”, “Company”, “registrant”, “Cemtrex” or “management” refer to Cemtrex, Inc. and its subsidiaries. Cemtrex is a leading diversified technology company that operates in a wide array of business segments and provides solutions to meet today's industrial and manufacturing challenges. The Company provides manufacturing services of advanced electronic system assemblies, provides broad-based industrial services, instruments & emission monitors for industrial processes, and provides industrial air filtration & environmental control systems.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Through our Electronics Manufacturing Services (“EMS”) group, we provide end to end electronic manufacturing services, which include product design and sustaining engineering services, printed circuit board assembly and production, cabling and wire harnessing, systems integration, comprehensive testing services and completely assembled electronic products. Our EMS group offers fully integrated contract manufacturing services to global original equipment manufacturers (OEMs) and technology companies that operate primarily in the medical, industrial, automation, automotive, and renewable markets.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Through our Industrial Products and Services (“IPS”) group, we provide a complete line of air filtration and environmental control products to a wide variety of industrial and manufacturing industries worldwide. The group also manufactures, sells, and services monitoring instruments, software and systems for measurement of emissions of Greenhouse gases, hazardous gases, particulate and other regulated pollutants used in emissions trading globally as well as for industrial processes. We also market monitoring and analysis equipment for gas and liquid measurement for various downstream oil & gas applications as well as various industrial process applications. In addition we, through our newly acquired business, <font style="BACKGROUND-COLOR: transparent">offer one-source expertise and capabilities in plant and equipment erection, relocation, and disassembly in a wide variety of industrial markets like automotive, printing & graphics, industrial automation, packaging, and chemicals among others.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">On <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">December 15, 2015</font> we acquired <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">Advanced Industrial Services Inc.</font> (“AIS”) and its affiliate subsidiary company based in York, Pennsylvania for a purchase price of approximately $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">7,500,000</font>, and acquisition related expenses of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">476,340</font>. The purchase price was paid with $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">5,000,000</font> in cash, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">1,500,000</font> in a seller's note, and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">1,000,000</font> in the form of <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 315,458</font> shares of Cemtrex restricted Common Stock. AIS averaged approximately $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">23</font> million in annual revenue and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">2.4</font> million in annual normalized EBITDA over the two calendar years 2013 and 2014. We worked with a local bank to finance the $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">5.25</font> million self-amortizing, seven (7) year term loan and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">3.5</font> million working capital credit line for the transaction. <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">The loans carry annual interest rates of 30 day LIBOR plus 2.25 and 2.0 respectively</font>. The seller’s note is for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">3</font> years at <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">6</font>% (see NOTE 11).</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">On May 31, 2016 we acquired machinery & equipment, electronics manufacturing business and logistics business from a German company, Periscope, GmbH (“Periscope”) and placed them in three newly formed entities: ROB Cemtrex Assets UG, ROB Cemtrex Automotive GmbH and ROB Cemtrex Logistics GmbH respectively. Periscope’s electronic manufacturing business deals primarily with the major German automotive manufacturers, including Tier 1 suppliers in the industry, as well as for industries like telecommunications, industrial goods, luxury consumer products, display technology, and other industrial OEMs. Periscope had more than 35 years of industrial operating experience. The Periscope acquisition was completed through use of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">4,902,670</font> of Company cash, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">717,936</font> in Seller note and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">3,298,600</font> in proceeds from issuance of a note to Ducon Technologies Inc., a related party (see NOTE 11).</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>

Files In Submission

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v446369_ex31-2.htm	Edgar Link	pending
v446369_ex32-1.htm	Edgar Link	pending
v446369_ex32-2.htm	Edgar Link	pending

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2016 Q3 Form 10-Q Financial Statement

#000114420416119364 Filed on August 15, 2016

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2016 Q3 Form 10-Q Financial Statement

#000114420416119364 Filed on August 15, 2016

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Files In Submission

$CETX
CEMTREX INC Stock $cetx