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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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GREY:XEBEQ - Post Discussion

FormerXBC Inc > 🎉 Today I Am Very Happy 🎈

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Post by newcoin on Mar 17, 2022 8:55am

🎉 Today I Am Very Happy 🎈

Full Year 2021 Highlights

Revenues of $125.9 million compared to $69.4 million
Gross margin of $29.5 million (23%) compared to ($0.3) million (0.5%)
Adjusted EBITDA of ($8.8 million) compared to ($22.0) million
Net loss of $23.5 million or ($0.15) per share compared to a net loss of $32.0 million or ($0.33) per share
Record backlog of $123.8 million on March 16, 2022 compared to $100.1 million on March 18, 2021
Working capital of $82.1 million on December 31, 2021 for a current ratio of 1.98:1, compared to working capital of $170.4 million and a current ratio of 4.07:1 on December 31, 2020
As at December 31, 2021 the company had $51.1 million of cash and restricted cash compared to $168.6 million as at December 31, 2020