GREY:XEBEQ - Post by User
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Zipolitemexicoon Jan 31, 2022 3:20pm
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Post# 34380638
RE:RE:RE:RE:has anybody posted this?
RE:RE:RE:RE:has anybody posted this?Going forward much of Xebec’s revenue will be generated by long-term and profitable service contracts that are at low risk of disruption and derived from strong customer relationships (Brightmark/Chevron partnership). So as the company builds out its production capacity to 150 or more units a year to match demand, recurring service revenue will most certainly start to roll. That should become more apparent in the second half of this year…
Kronyboy wrote: 59 million can go a long way with proper cash flow. No one suggesting that no financing will happen in the future, rather, that as a business on the cusp of profitability, Xebec's focus will be on ensuring their cash flow does not interrupt production or continued scaled growth. Sustainability seems to be the focus here, though time will tell.
filoux004 wrote: With all due respect a line of credit of 59M ...to compete in a sector that will require Billions in the years to come...micro player among dozens. Long Xbc gday