CEMATRIX Corporation announced it has executed $5.9 million in new contracts to bring total contracts announced since the end of the fiscal year to $27.2 million and $64.2 million since August 3, 2022. The Corporation's total backlog, which is net of sales to the end of June has increased to $99.4 million, a 24.9% increase compared to the sales adjusted backlog of $79.6 million as of December 31, 2022. $49.6 million of the Corporation's current backlog is now Contracted and $49.8 million is Contracts in Process.

$39.9 million of the total backlog is scheduled for 2023. The full scheduled placement of the 2023 portion of the total backlog represents a 36.6% increase compared to total sales realized in 2022. $36.1 million of the 2023 scheduled backlog is contracted and a portion of these contracts have already been placed in 2023.