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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

Comment by mercedesmanon Jun 08, 2024 4:33pm
83 Views
Post# 36079465

RE:RE:RE:RE:RE:Analysis

RE:RE:RE:RE:RE:Analysis

I think this is as simple as stringing together several more quarters of better than expected margins and profits to make everyone forget about fiscal 2023.

Getting annualized revenues above $30 M will help too. 

Otherwise this gets taken out for a song ( but still at a premium) as K royalties get closer and closer to reality. 

Investors today basically get huge Kinlytic upside for free .

MM 

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