FormerXBC Inc XEBEQ

I remember

[tamaracktop]

I remember asking Kurt during consecutive webinars what the company's revenues per employee was. The last time it was $340,000, and Kurt said his goal was $500,000 per employee. They're nowhere near that. They're going backwards. To my mind $52 million in sales and administration expenses is unacceptable. 42% of last year's revenues lopped off. How much are they paying people? I should get a job there.

[ZouZS3]

based on what's on LinkedIn for a Product Marketing Manager they are offering in between 104k and 120k USD in Denver. CEO is currently paid 420k. So depending on the role seniors & experts should be in between 100k and 420k. Don't think anyone is paid higher than Jim

[Gann999]

Don't they have something like 670 employees? 85,000 a year average per employee is 56 m right there it doesn't seem unreasonable considering they have some very skilled employees you used to tout as an accomplishment.

[tamaracktop]

Some people may have misread my point here, which isn't surprising because I didn't convey it very well at all. My point was that Xebec has plenty of fat to trim, and that any resultant savings would/will go straight to the bottom line. Greenlane, as an obvious comparison, reported 2021 revenues of $55.35 million and SG&A expenses of $13.98 million. ( 25.3% of revenues) If Xebec had