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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

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

GREY:XEBEQ - Post Discussion

FormerXBC Inc > it said in M&A file negative gross margin were caused by
View:
Post by mingzhu on May 27, 2022 11:26am

it said in M&A file negative gross margin were caused by

projects in  startup and commission phase. But you always start new projects. How can they say it will end by the end of this year?
Comment by Gann999 on May 27, 2022 11:58am
Because they are referring specifically to the legacy contracts which is why they showed what it would have been without them and they are better. Get rid of the legacy and reduce sg&a by getting rid of redundant positions and increase revenue a lot and improve the margins and the picture looks a little brighter. They say they have created a center of excellence or whatever so let's see ...more