Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Microbix Biosystems Inc. T.MBX

Alternate Symbol(s):  MBXBF

Microbix develops proprietary biological technology solutions for human health and well-being, with about 90 skilled employees and sales growing from a base of over $1 million per month. It makes a wide range of critical biological materials for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs™) that support clinical lab proficiency testing, assay development and validation, or clinical lab workflows.


TSX:MBX - Post by User

Post by Mbxwatcheron Feb 14, 2024 1:26pm
168 Views
Post# 35880158

....good progress

....good progressWatched the Webinar...

1) The march towards revenue from Kinlytic seems certain. They were offered multiple chances to couch their language and did not take them.  They seem certain.
2) Antigen business will do well, better than pre pandemic levels, and i am sure there will be some margin tweaking......I think its a non issue, and a reliable revenue stream, with some upside potential.
3) QAPS, personally still a bit disappointed in the sales growth here.   They continue to say there is tremendous activity in this area, and I think the target for this is greater than 10m for the year, but to be honest, I expected a more sigificant growth curve here.  Its much higher margin than the antigen business so this growth is very important to the bottom line.
4) VTM/DXTM....the most defiant I have seen them yet. The last 5 quarters really miss that revenue, and its total absence is a big reason financial performance is not where we hoped it would be...I was very encouraged to hear Cameron say they did not spend all this money, to let it sit idle...whether they work for the government or not....Just instinct but i think this may be the next surprise to the upside for shareholers.

Undervalued for sure, good path when Kinlytic revenues are realized, should be a transformational year.   Good luck to those who continue to educate on this board
<< Previous
Bullboard Posts
Next >>