GREY:XEBEQ - Post by User
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retiredcfon Apr 13, 2022 3:46pm
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Post# 34601581
Another Assessment
Another AssessmentQuestion: How much additional value does this $113.5M contract add to XBC's current value. Given that their revenue for all of 2021 was $126M, isn't this huge? Also in what amount of time will the money be received from this contract? It is a very nice contract, but there was already an announcement of a memorandum of understanding for such a deal, which was announced in March. A contract is more concrete than a MOU but investors did get a heads up here. The time frame was not disclosed. Sales estimates for 2022 were just under $200M, but most analysts likely had factored in some impact from the previous announcement in their forecasts. (5iResearch)