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Bullboard - Stock Discussion Forum Microbix Biosystems Inc T.MBX

Alternate Symbol(s):  MBXBF

Microbix Biosystems Inc. develops and commercializes biological and technological solutions for human health and wellbeing. It enables the commercialization of diagnostic assays by making a range of critical ingredients and devices for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs) that support clinical lab proficiency... see more

TSX:MBX - Post Discussion

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Post by rjc7 on Aug 11, 2022 12:09pm

Q-3

Quite a vanilla report.
Comment by Mbxwatcher on Aug 11, 2022 12:17pm
Encouraging that a "vanilla" quarter spun off 2m in cash though. 14m in cash while just about to ramp up QAP's.  A few more deals like the one announced yesterday, and I think we may have just reported our last plain quarter.... As a long time holder of this, who suffered countless dilutive financings, (along with all of you of course), that cash number brings great comfort ...more  
Comment by RazeKreations on Aug 11, 2022 12:34pm
Pretty much as expected. VTM production to be ramped up in the fall as the automation is completed enabling expansion of customer base. Qaps will continue to grow substantially over time and the continued cash growth are all good for the future allowing more expansion as needed without borrowing or selling more shares. Not an exciting quarter but still headed the right direction
Comment by wizzdumb on Aug 11, 2022 3:54pm
Nothing exciting as expected and no ugly surprises which is nice. Cash is best ever and antigen demand returning. The focus in Q2/3 has been preparing for transformative Q4 which yesterdays announcement (finally!) confirms is not a pipe dream. The first of many hopefully.  VTM and antigens are a side show compared to QAPs potential but key contributors and diversifiers. Kinlytic remains a ...more  
Comment by lscfa on Aug 11, 2022 10:18pm
Co. still does not report ebitda but gives guidance in ebitda...   Qtr ending  Revenue Net income cfo Adj ebitda Gross margin Cogs ebitda margin Jun 22 5,011,025 638,502  ...more  
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