Microbix Biosystems Inc T.MBX

Adelaide Update

[wizzdumb]

Video just posted. Highlights (Cameron on at about 15 minute mark):

- high teens for rev for 2021 (no surprise)
- 25-30M for 2022

Qaps and VTM buildout will provide capacity for $4M each per month so possibility for $8M per month once completed and fully burdened!! That's huge. 

Add in a Kinlytic deal early 2022 and we should be happy. 

https://youtu.be/k1RMdUhvZ7Y

[mercedesman]

Good stuff. Production ramp-up, once done will increase both Qaps and VTM output by 5 to 10 X current rate. My guess is that we are a ways until that happens otherwise 2021 revenues would be much higher than $25-$30M...although the ramp-up in capacity could take several months or quarters yet. Three comments: - IMO he is being conservative (probably as to start date of higher capacity output)

[wizzdumb]

Based on previous guidance I believe it's about June 2022 before the expansion will be complete. Obviously it won't be an on/off situation so should start seeing increased production from current slightly before that. This aligns with top line forecast for Q4   2022 to be in the 17-18M range. Run that out into FY2023 and we could be seeing top line number something in the 80-100M

[RazeKreations]

That is pretty incredible growth forecast going forward. And anybody that has been following Microbix knows that when Cameron Groome makes a statement it is usually on the conservative side. He does not like overstating growth. Sure glad that i am in on this ride. It is going to be fun. Once the fiscal year end is posted on Thursday i believe that will put more fuel on the fire. MBX is heating up.