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FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

Post by tamaracktopon Dec 20, 2022 11:43am
454 Views
Post# 35182279

Rubbing salt in my own wounds

Rubbing salt in my own woundsFuelCell reported their quarter today.

Revenues fell 18% to $18.9 million CDN, 58% less than Xebec's 2nd quarter revenues.

FuelCell lost $32.6 million CDN in the quarter, $11.3 million more than Xebec lost.

Even after trading down 17% to a new multi-year low today, FueCell is cap'd at $1.48 billion CDN.

I've never seen a more inexplicable debacle in my life than we've just seen in Xebec.
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