Cemtrex Inc (CETX)

[MitchDB]

Cash money is disappearing fast
Not much longer till mores shares issued or end of the stock

Net loss for the quarter ended March 31, 2022 was $4.7 million, as compared to a net income of $2.4 million in 2021. Net loss increased in the first quarter as compared to the same period last year primarily due to costs of revenues and operating expenses.

Cash and cash equivalents totaled $9.0 million at March 31, 2022, as compared to $15.4 million at September 30, 2021.