Post by
savyinvestor333 on May 13, 2021 12:38pm
Inmatec Revenue for this year
Did he not say 15-18% so somewhere around $16 million? Anyone remember what they did last year? I know it would be on Sedar but this may be easier.
Comment by
Newtrader1982 on May 13, 2021 8:57pm
they are saying xebec would have had revenues of 24 m had they aquired inmatec on January 1st
Comment by
Newtrader1982 on May 13, 2021 9:07pm
sorry I misread that not sure what that means it is confusing
Comment by
savyinvestor333 on May 13, 2021 9:31pm
Ok i think that does explain the numbers. So Inmatec would have contributed around $4.3 million in 3 months so 1 month should be 1.44 million rev and a loss of 24,000 . 1.44 million X 12 = 17. 28 million for annual revenue if their sales are not lumpy. Pretty close to what they stated on the call of 15 to 18% of total revenue for the year
Comment by
Newtrader1982 on May 13, 2021 9:37pm
you got it sounds like they can't build oxygen generators as fast as they can sell them good problem to have.