FormerXBC Inc XEBEQ

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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.

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FormerXBC Inc > Everyone is waiting

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Comment by Gann999on May 18, 2022 1:39pm

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Post# 34692905

RE:RE:RE:Everyone is waiting

Cool story bro what was their cash use per month in q4? Oh right they made money about 800k a month.

TradePro wrote: From their Q1 financials:

As at March 31, 2022 the company had $34.7 million of cash and restricted cash compared to $51.1 million as at December 31, 2021

this is a cash use of 16.4 million in 3 months.