Replies to post #285 on Xebec Adsorption Inc (XBC)

[junkHustler]

More detail:

M Partner analyst:

It is an all-cash transaction for US$3.3M (C$4.4M). In 2019 CDA generated US$6.5M (C$8.6M) in revenues and US$670K (C$880K) in EBITDA, implying a 5x multiple. It also has excess working capital of US$1.7M. Xebec financed the acquisition through its available support from Export Development Canada.

Looks like another high value deal for XBC.

GLTA & JMO