GREY:XEBEQ - Post by User
Comment by
VicesVertus2222on Feb 19, 2022 4:30pm
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Post# 34445333
RE:What The......?
RE:What The......?I will not pretend to be a financial guru, and I agree with you that too high of a value for goodwill in a balance sheet can be a big red flag.
However, one has to dig what goodwill is made of. There is the part of brand recognition, customers' loyalty, and fluffy cloudy stuff like that.
But In Xebec's case,they also own, I believe, in complimentarity with HyGear, well over 30 major patents. Patents are also part of goodwill. And a patent's value of $5 to $10M is not so rare at all.
So it does not take long to add a lot of value to your goodwill account if you own nice patents.
So, maybe, just maybe, the goodwill value of Xebec in its balance sheet is not such a big red flag.
Just my 2 cents.