FormerXBC Inc XEBEQ

Good Question

[Newtrader1982]

The adjusted EBITDA for H1 sits at -$9.3million so the combined adjusted EBITDA for Q3 and Q4 must be at least +$4.5million (-9.3+4.5=-4.8). Can you see how Kurt is already setting himself up for failure yet again? Posted on the yahoo board and it's a very valid question. You telling me that Kurt is gonna turn margins from deeply negative to positive in the next 2 quarters with a pandemic still ongoing and getting worse, legacy issues still presenting themselves, ongoing sg&a costs? The way I see it sg&a costs would have to literally fall to zero in the next 2 quarters to achieve -4% margins unless someone can point to a legitimate explanation as to another reason this may be achievable.

[CCNP2021]

This post has been removed in accordance with Community Policy

[sumpineh]

People with nothing good to say should say nothing. 

[Newtrader1982]

It's ok to question things but to make comments like it's going to 0 followed by a doctor evil laugh is not helping anyone. I am critical of xebec in search of the truth through the noise not because I don't believe in the companies future. So far the company is moving in the right direction despite the disappointments.

[Ciao]

It's not all SG&A,  have a look at the MD&A and look at the detailed info: R&D: H1 cost was $1.4M (zero in 2020), was for BGX 2.0, don't expect that to repeat in H2 as R&D should be close to zero in H2 Gross Margins: H1 was 6% (vs. 17% in 2020), would expect that to rise to double digits in H2 with most of legacy RNG effects tapering off, even a gross to low

[Newtrader1982]

Thank you appreciate you and this detailed response.