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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,... see more

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FormerXBC Inc > Management Guidance for 2021

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Post by seajust on Mar 25, 2021 8:34am

Management Guidance for 2021

For fiscal full-year 2021, Xebec expects to continue its revenue growth and a return to positive adjusted EBITDA. Given the current order backlog of $100.1 million (as of March 18, 2021), including projected revenues of HyGear, Inmatec and the Cleantech Service Network, we expect consolidated revenues for 2021 in the range of $110.0 to $130.0 million and adjusted EBITDA margins in the range of 3.0% to 4.0%.

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Comment by retiredcf on Mar 25, 2021 9:10am

The write offs and revenue recognition issues were not materially different from earlier reports. We will go through conference call details and examine things further, but view the results as not as bad as expected. This was the initial reaction from 5iResearch. GLTA

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FormerXBC Inc