Cemtrex Management

Management criteria checks 3/4

Cemtrex's CEO is Saagar Govil, appointed in Dec 2011, has a tenure of 12.83 years. total yearly compensation is $645.80K, comprised of 92.9% salary and 7.1% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth $1.98K. The average tenure of the management team and the board of directors is 5.8 years and 4.9 years respectively.

Key information

Saagar Govil

Chief executive officer

US$645.8k

Total compensation

CEO salary percentage	92.9%
CEO tenure	12.8yrs
CEO ownership	0.3%
Management average tenure	5.8yrs
Board average tenure	4.9yrs

Recent management updates

Recent updates

Positive Sentiment Still Eludes Cemtrex, Inc. (NASDAQ:CETX) Following 41% Share Price Slump

Oct 03

Market Cool On Cemtrex, Inc.'s (NASDAQ:CETX) Revenues Pushing Shares 41% Lower

Oct 03

Investors Continue Waiting On Sidelines For Cemtrex, Inc. (NASDAQ:CETX)

Dec 22

Cemtrex, Inc.'s (NASDAQ:CETX) Shares Leap 28% Yet They're Still Not Telling The Full Story

Apr 17

CEO Compensation Analysis

How has Saagar Govil's remuneration changed compared to Cemtrex's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-US$14m
Mar 31 2024	n/a	n/a	-US$6m
Dec 31 2023	n/a	n/a	-US$5m
Sep 30 2023	US$646k	US$600k	-US$7m
Jun 30 2023	n/a	n/a	-US$8m
Mar 31 2023	n/a	n/a	-US$6m
Dec 31 2022	n/a	n/a	-US$10m
Sep 30 2022	US$638k	US$600k	-US$11m
Jun 30 2022	n/a	n/a	-US$9m
Mar 31 2022	n/a	n/a	-US$8m
Dec 31 2021	n/a	n/a	-US$2m
Sep 30 2021	US$932k	US$600k	US$472k
Jun 30 2021	n/a	n/a	-US$2m
Mar 31 2021	n/a	n/a	-US$7m
Dec 31 2020	n/a	n/a	-US$11m
Sep 30 2020	US$1m	US$377k	-US$10m
Jun 30 2020	n/a	n/a	-US$12m
Mar 31 2020	n/a	n/a	-US$11m
Dec 31 2019	n/a	n/a	-US$11m
Sep 30 2019	US$868k	US$250k	-US$14m
Jun 30 2019	n/a	n/a	-US$17m
Mar 31 2019	n/a	n/a	-US$18m
Dec 31 2018	n/a	n/a	-US$16m
Sep 30 2018	US$444k	US$250k	-US$12m

Compensation vs Market: Saagar's total compensation ($USD645.80K) is about average for companies of similar size in the US market ($USD667.63K).

Compensation vs Earnings: Saagar's compensation has increased whilst the company is unprofitable.

CEO

Saagar Govil (38 yo)

12.8yrs

Tenure

US$645,803

Compensation

Mr. Saagar Govil serves as Chairman of the Board and Chief Executive Officer of Vicon Industries, Inc. since March 23, 2018. He has extensive experience in operations, technology and public company oversig...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Saagar Govil	Chairman	12.8yrs	US$645.80k	0.34% $ 2.0k
Paul Wyckoff	Interim CFO & Corporate Controller	5.8yrs	US$162.29k	no data
Ashwin Gobindram	Chief Design Officer & Director of Operations	6.8yrs	no data	no data
Lucky Gobindram	Executive Vice President of Sales & Marketing	no data	no data	no data
Gaurav Taywade	Chief Software Architect & Head of Pune Studio	no data	no data	no data
Bret McGowan	SVP of Sales & Marketing - Vicon Industries	no data	no data	no data
Mark Provinsal	SVP of International Sales - Vicon Industries	less than a year	no data	no data
Haim Shain	Senior Vice President of Product Management	2.2yrs	no data	no data

5.8yrs

Average Tenure

56yo

Average Age

Experienced Management: CETX's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Saagar Govil	Chairman	12.8yrs	US$645.80k	0.34% $ 2.0k
Manpreet Singh	Independent Director	2.9yrs	no data	0.017% $ 96.5
Metodi Filipov	Independent Director	6.7yrs	no data	0.017% $ 96.5
Brian Kwon	Independent Director	3.1yrs	no data	0.017% $ 96.5

4.9yrs

Average Tenure

38.5yo

Average Age

Experienced Board: CETX's board of directors are considered experienced (4.9 years average tenure).

Cemtrex Management

Management criteria checks 3/4

Key information

Recent management updates

Cemtrex, Inc., Annual General Meeting, May 16, 2024

Cemtrex, Inc., Annual General Meeting, May 16, 2024

Cemtrex, Inc. Announces Resignation of Chris Wagner as Board Member

Cemtrex, Inc., Annual General Meeting, Sep 30, 2022

Cemtrex Inc. Hires Haim Shain as Senior Vp, Product Management

Cemtrex, Inc. Announces CFO Changes

Recent updates

Positive Sentiment Still Eludes Cemtrex, Inc. (NASDAQ:CETX) Following 41% Share Price Slump

Market Cool On Cemtrex, Inc.'s (NASDAQ:CETX) Revenues Pushing Shares 41% Lower

New minor risk - Share price stability

Cemtrex Receives Notification Letter from Nasdaq Due to Non-Compliance with the Minimum $2.5 Million Stockholder’s Equity Requirement for Continued Listing on The Nasdaq Capital Market

Third quarter 2024 earnings released: US$0.29 loss per share (vs US$1.29 loss in 3Q 2023)

Cemtrex, Inc. to Report Q3, 2024 Results on Aug 14, 2024

Cemtrex Receives Notification Letter from Nasdaq Due to Non-Compliance with Minimum Bid Price Requirement for Continued Listing on The Nasdaq Capital Market

Second quarter 2024 earnings released: US$1.41 loss per share (vs US$0.75 loss in 2Q 2023)

New major risk - Shareholder dilution

New major risk - Financial position

Cemtrex, Inc., Annual General Meeting, May 16, 2024

Cemtrex, Inc., Annual General Meeting, May 16, 2024

First quarter 2024 earnings released: US$1.16 loss per share (vs US$3.99 loss in 1Q 2023)

Cemtrex, Inc. to Report Q1, 2024 Results on Feb 12, 2024

Cemtrex, Inc. has filed a Follow-on Equity Offering in the amount of $10.35 million.

Full year 2023 earnings released: US$6.96 loss per share (vs US$18.35 loss in FY 2022)

Investors Continue Waiting On Sidelines For Cemtrex, Inc. (NASDAQ:CETX)

Cemtrex, Inc. to Report Q4, 2023 Results on Dec 21, 2023

New major risk - Financial position

Cemtrex Receives a Letter from the Nasdaq Hearings Panel

Third quarter 2023 earnings released: US$1.29 loss per share (vs US$0.92 loss in 3Q 2022)

Cemtrex, Inc. to Report Q3, 2023 Results on Aug 10, 2023

Cemtrex, Inc. acquired Heisey Mechanical, Ltd. for $2.4 million.

Second quarter 2023 earnings released: US$0.75 loss per share (vs US$6.86 loss in 2Q 2022)

Cemtrex, Inc.'s (NASDAQ:CETX) Shares Leap 28% Yet They're Still Not Telling The Full Story

First quarter 2023 earnings released: US$3.99 loss per share (vs US$6.79 loss in 1Q 2022)

Cemtrex Regains Compliance with Nasdaq Listing Requirements

Cemtrex, Inc. to Report Q1, 2023 Results on Feb 14, 2023

Cemtrex Receives Non-Compliance Notification Letter from Nasdaq

Cemtrex Announces Reverse Split to Regain NASDAQ Compliance

Full year 2022 earnings released: US$0.52 loss per share (vs US$0.025 profit in FY 2021)

Cemtrex, Inc. Announces Resignation of Chris Wagner as Board Member

Cemtrex, Inc., Annual General Meeting, Sep 30, 2022

Third quarter 2022 earnings released: US$0.026 loss per share (vs US$0.059 profit in 3Q 2021)

Cemtrex GAAP EPS of -$0.03, revenue of $13.6M

Cemtrex Inc. Hires Haim Shain as Senior Vp, Product Management

Cemtrex, Inc. to Report Q3, 2022 Results on Aug 15, 2022

Nasdaq Grants Extension to Cemtrex to Regain Compliance

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Cemtrex, Inc. announced delayed 10-Q filing

Cemtrex, Inc. Announces CFO Changes

Cemtrex Receives Notification Letter from the Listing Qualifications Department of Nasdaq

Cemtrex Announces Receipt of Nasdaq Listing Delinquency Letter and Subsequently Regains Compliance

Cemtrex, Inc. announced delayed annual 10-K filing

High number of new directors

Is Cemtrex (NASDAQ:CETX) A Risky Investment?

Independent Director Sunil Verma has left the company

Price target decreased to US$2.75

Third quarter 2021 earnings released: EPS US$0.059 (vs US$0.41 loss in 3Q 2020)

Cemtrex beats on revenue

Cemtrex Announces Receipt of Nasdaq Listing Delinquency Letter

Cemtrex, Inc. announced delayed 10-Q filing

Price target decreased to US$2.75

Cemtrex, Inc. announced delayed 10-Q filing

Cemtrex, Inc. Announces Resignation of Raju Panjwani from the Company’s Board and Audit Committee

Cemtrex, Inc. Announces Resignation of Raju Panjwani as Board Member

Cemtrex, Inc. Appoints Christopher C. Moore as Chief Financial Officer

Cemtrex beats on revenue

Cemtrex, Inc. announced delayed annual 10-K filing

New 90-day high: US$1.62

Cemtrex, Inc. Launches Next Generation SmartDesk for Laptop Users

Cemtrex Inc. Announces Engagements with Major Consumer Brands to Utilize AR/VR in Digital Marketing Campaigns

Is Cemtrex (NASDAQ:CETX) A Risky Investment?

Cemtrex, Inc. (NasdaqCM:CETX) acquired an unknown minority stake in MasterpieceVR.

New 90-day high: US$1.38

Cemtrex, Inc. (NasdaqCM:CETX) acquired Virtual Driver Interactive, Inc.

Cemtrex, Inc. Announces Resignation of Aron Govil as Director

New 90-day low: US$1.03

New 90-day low - US$1.18