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Microbix Biosystems Inc T.MBX

Alternate Symbol(s):  MBXBF

Microbix Biosystems Inc. develops and commercializes biological and technological solutions for human health and wellbeing. It enables the commercialization of diagnostic assays by making a range of critical ingredients and devices for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs) that support clinical lab proficiency testing, enable assay development and validation, or help ensure the quality of clinical diagnostic workflows. Its segments include development, manufacturing and sales of products relating to the medical diagnostics industry, namely antigens as test ingredients, quality assessment products to help ensure the accuracy of test workflows and viral transport medium to enable collection of patient test samples and, and development and commercialization of novel and proprietary products or technologies, such as Kinlytic. Its Kinlytic urokinase is a biologic thrombolytic drug used to treat blood clots.


TSX:MBX - Post by User

Comment by Mbxwatcheron Jan 04, 2022 2:18pm
200 Views
Post# 34282504

RE:RE:Ramping up vtm production

RE:RE:Ramping up vtm productionNothing i would consider guidance.

He talked more about drivers.........
Meaningful revenue growth in QAPS, and VTM steady as she goes with Antigens.
He implied proportionate growth in EBITDA by way of margins going into the 60's for both products.

Sounds like Q1 will be meaningfully better than Q1 last year.

But I really didnt get the sense of any guidance that could be put down on paper.

The most meaningful takeawy I got for growth was in QAPS business where they seem poised to sign deals anywhere from the 10's of thousands per month (units) to the 100,000's units per month.
He said each unit is in the $10 range, so that alone incrementally is $100,000 per month incremental in QAPS to $1,000,000 per month in QAPS.  He seemed very confident that these deals that were being worked on were more near term in nature.

Anyone else that thinks maybe i didnt quite get this right, let me know.

However, to answer your specific question, I didn't get any sense of guidance other than onward and upward................
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