GREY:XEBEQ - Post by User
Post by
ZouZS3on Nov 17, 2021 4:18pm
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Post# 34137962
Ultimately
Ultimately
They are doing the right thing! They are focusing on manufacturing and everything around it. Now xebec is mainly focusing on building Biostream. Standardized units building into inventory, and revenues recognized upon delivery to customer The new facility comes with its own warehouse, and plenty of land outside to store products prior to customer shipment. Just imagine the effect on gross margins as a bunch of them are shipped in the same quarter & recognized in revenues. Also, Xebec is ultimately a service company. Xebec is targeting to have 30 service companies by 2025 and $250 million in revenue out of service.