Financial Statements

Cemtrex, Inc. (CETX)

$3.3351

+0.10 (+2.94%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2023 2022 2021 2020 2019
Retained Earnings (Previous Year) -55-42-33-20-
Net Income -9-130-9-11
Stock Dividends -0-9-4-1
Dividend Paid -----7
Retained Earnings -64-55-42-33-20

PPE Schedule

Year 2023 2022 2021 2020 2019
Gross PPE 9101217-
Annual Depreciation 61-2-318
Capital Expenditure -3-2-1-2-2
Net PPE 129101217

Intangible and Goodwill Schedule

Year 2023 2022 2021 2020 2019
Intangible and Goodwill (Previous Year) -4485
New Purchases -0-0-8-20-
Intangible and Goodwill 44854

Cemtrex, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Cemtrex, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.