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Bullboard - Stock Discussion Forum 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,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Read this and guess the year.
View:
Post by tamaracktop on Mar 22, 2022 10:39pm

Read this and guess the year.

TheNewswire / April 25 **** - Xebec Adsorption Inc. (TSXV: XBC) ("Xebec"), a provider of solutions in the field of purification, generation and filtration of gases for the sectors of the natural gas, oilfield gases, biogas and renewable natural gas (RNG), helium, hydrogen, nitrogen, and oxygen today announced its fourth quarter results and results for the year ****.

 

-Substantial 102% increase in backlog to $11.5M as of April 25 ****. This is an indicator of a possible substantial increase in revenue in **** .

-Revenues of $3.3M for the fourth quarter of **** compared to $1.8M in the third quarter of ****, an increase of 83%. Revenues were $4.0 million for the same quarter of ****.

-Revenues of $9.6M for the year **** compared to $11.3M in ****, a decrease of 15%

Comment by tamaracktop on Mar 22, 2022 10:43pm
That announcement isn't even 5 years old.
Comment by ZouZS3 on Mar 22, 2022 10:49pm
11.5 x 2 x 2 x 2 = 92 I say 3.5 years ago
Comment by ZouZS3 on Mar 22, 2022 10:52pm
28/92 = 0.3 so actually 3.3 years
Comment by Gann999 on Mar 22, 2022 11:22pm
Did you use the magic wand theorem to figure this out?
Comment by tamaracktop on Mar 23, 2022 12:26am
A valiant effort Zou and I commend you for your efforts but they don't announce year-end results in early November.
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