Let’s start a new thread for this, so it stays more visible. I’ve only invested in it a couple of times this week. I’m getting a little more hydrogen exposure to Plug, Nel, and Bloom. I haven’t done any deep analysis of the company, just read from forums, I’m more investing based on emotion. I hope for real expertise on this forum, thank you in advance to the participants.
There’s been quite a bit of discussion about this on Twitter. It’s kind of like Greenlane Renewables’ (GRN) big brother. Market cap over 800m, although compared to GRN, the revenue is also higher. I don’t have the competence to evaluate them against each other, but both are tied to the same megatrend. There’s enough market for both.
I’ll have to take a look. When I bought Xebec, it seemed like a boringly safe growth stock with acquisition options (meaning buying other companies). Conveniently in a good growing sector as well, and I think there was a Hydrogen twist as a bonus.
Or perhaps the recent development in the stock price has been pleasant, not as volatile as some others.
Tuolta ajantasaisia lukuja. Liikevaihto jatkanut kasvuaan, mutta tulos pudonnut negatiiviseksi
Revenues of $50.2 million for the nine-month period ended September 30, 2020 compared to $35.7 million for the same period in 2019, a 41% increase. The increase is mainly explained by a higher volume of major Cleantech contracts and the acquisition of service companies.
Gross margin of $11.7 million or 23% of revenues for the nine-month period ended September 30, 2020 compared to $11.4 million or 32% for the same period in 2019. The company had a lower gross margin in the Cleantech segment due to investments in product development, standardization and higher construction costs for sites impacted by COVID-19 regulations.
Net loss of $3.7 million or ($0.04) per share for the nine-month period ended September 30, 2020 compared to a net profit of $2.5 million or $0.04 per share for the same period in 2019, a deterioration of $6.2 million and $0.08 per share. The decrease is mainly explained by a reduction in gross margin, an increase in SG&A expenses, and reduced productivity caused by the COVID-19 pandemic.
Backlog increased by $17.4 million over the last 12 months, from $71.0 million on November 11, 2019 to $88.4 million on November 9, 2020.
Exactly. Here are some numbers for the acquired Hygear, so the results should recover as growth continues:
HyGear generated €11.4 million of revenues, €3.4 million of EBITDA and €2.5 of operating income in 2019 and is expected to experience double-digit annual revenue growth from 2019 to 2021 and maintain strong EBITDA and operating income margins
We talked about these sometimes, so I marked the above for monitoring. Xebec and Greenlane are in my portfolio with positions of about 10-20k, and the next two with smaller positions.
I’ve read through the materials for Xebec and Greenlane Renewables. I only glanced at the other two, and the past figures seemed okay, meaning revenue and profit grew, if I remember correctly. The last one I haven’t looked at at all.
{“content”:“An interesting company. Thanks to the starter and those who wrote in the thread. I’m not entirely sure how things work globally, but at least in Finland, fossil fuels have now received a verdict for coal (2029), and I strongly suspect that at some point, the discussion around natural gas will also intensify. Technologies like this would be an excellent solution for that.\n\nA silly question, but I couldn’t find this particular company with Nordea’s search. Do I just not know how, or is it really not available? I’d be a bit interested in grabbing a small slice for my investment savings account (OST), even just for monitoring purposes.”,“target_locale”:“en”}
Xebec’s goal is to be active in acquisitions. They aim to complete 3-5 acquisitions per year, with target companies having 5-10 million CAD in revenue, an 8-12% EBITDA margin, and 10-10 employees.
Offtopic like the previous one, please move to a better thread. It doesn’t have any tax implications when it’s an AOT, right? FIFO still applies to the person, not the account?
First in, first out is, in my understanding, account-specific… If you have multiple accounts… Well. I deleted my previous message anyway. Do as you please.
Xebeciä is not available at Nordea. That’s why I opened an account at Degiro, where trading fees for Canadian stocks are lower than, for example, Nordnet. I also hold Greenlane and Clear Blue at Degiro.
