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FormerXBC Inc XEBEQ

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

Post by Gann999on Sep 18, 2022 6:53pm
218 Views
Post# 34970210

EBIDTA

EBIDTA
Adjusted EBITDA (Non-IFRS) of ($12.0) million compared to ($5.2) million for the same period in 2021. Sounds bad right picture worse than last year. Without legacy it would have read. Adjusted EBITDA (Non-IFRS) of ($3.4) million compared to ($5.2) million for the same period in 2021. Shows the company is improving don't punish current management for the sins of the past management they are doing a great job considering what they have been given. I suspect the sell-off is a mix of market sentiment and fears of dilution which very well may happen to pay some of their debt. But overall the business is improving.
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