FormerXBC Inc XEBEQ

Industrials

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.

GREY:XEBEQ - Post by User

FormerXBC Inc > 🎉 Today I Am Very Happy 🎈

<< Previous

Bullboard Posts

Next >>

Post by newcoinon Mar 17, 2022 8:55am

246 Views

Post# 34521315

🎉 Today I Am Very Happy 🎈

Full Year 2021 Highlights

Revenues of $125.9 million compared to $69.4 million
Gross margin of $29.5 million (23%) compared to ($0.3) million (0.5%)
Adjusted EBITDA of ($8.8 million) compared to ($22.0) million
Net loss of $23.5 million or ($0.15) per share compared to a net loss of $32.0 million or ($0.33) per share
Record backlog of $123.8 million on March 16, 2022 compared to $100.1 million on March 18, 2021
Working capital of $82.1 million on December 31, 2021 for a current ratio of 1.98:1, compared to working capital of $170.4 million and a current ratio of 4.07:1 on December 31, 2020
As at December 31, 2021 the company had $51.1 million of cash and restricted cash compared to $168.6 million as at December 31, 2020