Cemtrex, Inc. (NasdaqCM:CETX) is looking for acquisition opportunities. Saagar Govil, Chief Executive Officer said during the Second Quarter 2024 Financial Results Conference Call, "Looking ahead, we are well positioned to build on our momentum and remain focused on our goal to achieve positive operating income in fiscal year 2024 on a full year basis. We have strengthened our balance sheet from the $10 million upsized underwritten public offering we closed, of which a portion of the proceeds were used to pay off some of our indebtedness.

We continue to explore acquisition opportunities that have the potential to enhance our market reach and service capabilities and further drive growth in the months and years ahead".