GREY:XEBEQ - Post by User
Comment by
tamaracktopon Jan 08, 2022 2:33pm
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Post# 34296424
RE:Remember when
RE:Remember whenYes!
Less than four years ago, on April 25, 2018, Xebec announced 2017 Q4 revenues of $3.3 million.
Full-year revenues were $14.7 million.
That was not even four years ago.
This year Q4 numbers will be ~$45 million, give or take a couple.
Backlog back in 2017 was $13.9 million.
Today, Xebec's backlog will include the bulk order for at least 18 biostream units, which they signed into contract on October 6th.
Yet Xebec is trading at 2-year lows.
The only reason being that people are too scared to recognize that this is an opportunity.