RE:RE:RE:Question, from an unbiased partyI suppose I can't let that comment go without a response, from my mobile home.
Cielo just reported delayed 2012 revenues of $4,200,after restating 2020 and 2019 revenues down to $3000.
Xebec just reported 2nd quarter revenues of $32.7 million, up 67% from a year earlier.
Cielo's p/e ratio is -30. Xebec's is -6.6.
Cielo trades at 69 times book value. Xebec trades at 1.29 times book.
Cielo has $2.11 in debt for every $1 in assets. Xebec has 19 cents in debt for every $1 in assets.
Cielo's return on equity is -168 %. Xebec's is -23.79%.
Cielo's workng capital is a deficit of -$700,000. Xebec has positive working capital of $97.4 million.
I'm genuinely intrigued as to why Cielo is cap's today at $20 million more than Xebec.
Ah, the mysteries of the market.
No worries, I won't be back.