GREY:XEBEQ - Post by User
Post by
austrochrison Mar 29, 2022 7:15am
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Post# 34554467
great news and strategy !
great news and strategy ! The plan is being presented today at Xebec’s first investor day in Denver, CO and is expected to position the company to target approximately CAD$300–$350 million in revenues and an adjusted EBITDA margin (non-IFRS)1 of approximately 8%–10% in its fiscal year ended December 31, 2024 (“FY2024”)
Today marks an exciting chapter in Xebec’s evolution as we chart our path over the next three years to become a global leader in sustainable gases,” stated Jim Vounassis, President and CEO of Xebec Adsorption Inc. “Over the last couple of years, we have built a strong foundation to launch off and have the right team, technologies, and business models in place to execute this three-year plan. Lastly, all of this is supported by large addressable markets in renewable natural gas, hydrogen and carbon capture” he added.