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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 May 05, 2021 8:00pm
253 Views
Post# 33137810

First a response to ZouZs3, then my outrageous call for Q1

First a response to ZouZs3, then my outrageous call for Q1NCU may well be a relatively safer way to play copper, but there's not much leverage there. 
   NCU has 1.8 billion shares outstanding. It wouldn't be one of my picks. lol
   Anyway, enough talking about copper on this board. I'm partly to blame, and I promise to refrain henceforth. People could  be legitimately annoyed. This isn't the place.

   Back to the subject at hand, only 5 more trading days left. 
   I see nobody here has volunteered a guess at Q1 revenues. I'm not surprised, it's a very tough call.
   At the risk of being completely out to lunch, I'll break the ice.
I'll attribute the fact that backlog has grown very little, and the fact that Bainsville has been running full tilt, to my conclusion that Xebec has been working hard to fill backlogged orders. If that's in fact the case, Xebec's organic revenues would be around $20 million, after allowing for some delayed shipments due to covid.
    I'll attribute an additional $6.7 million from Hygear, assuming HyGear had 20% revenue growth in 2020 and 30% growth in 2021, as HyGear's orders have clearly gained momentum. Throw in an additional $3 million from Air flow, acquired on Aug 4th 2020, $2 million from Applied Compression, acquired September 1st  2020, and another $2 million from Titus, acquired in early November, and I come to a total revenue number for Q1 at around $33.7 million.
   That would equate to 176% revenue growth over Q1 2020.
   I know I'll likely look foolish when the numbers do come out.
   I believe in dreaming large. It keeps me going.
   
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