Financial PerformanceBQE posted excellent Q3 financials that beat expectations across the board as operations services continued its growth trajectory and the technical services and China JV segments reverted to historical levels.
Future ProjectsBQE has various blue-sky opportunities ahead which include company maker projects, new applications and technologies, the mining bull cycle, capital allocation plans, geographic expansion, and trust in management.
Revenue And ProfitabilityProportional revenue came in at $10.2M, exceeding the estimate of $8.6M, and Adj. EBITDA showed a 67% YoY increase, translating to a record 45% margin.