Added to YB: 2025-04-21
Pitch date: 2025-04-17
BRM.V [neutral]
BioRem Inc.
+37.24%
current return
Author Info
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Company Info
BioRem Inc., a clean technology engineering company, designs, manufactures, distributes, and sells air pollution control systems that are used to eliminate odors, volatile organic compounds, and hazardous air pollutants.
Market Cap
CAD 36.0M
Pitch Price
CAD 1.96
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.40
P/E
22.78
EV/Sales
0.88
Sector
Commercial Services and Supplies
Category
growth
Biorem Inc. ($BRM.V) FINS Review
BRM.V (update): Revenues +49% in 2024 to $37.4M, but disappointing Q4 (revenue -23.7%, margin 17% vs 36% YoY) includes $500k accrual for project rework. Record backlog of $60.5M + $8M new contracts suggest strong 2025. Q1 expected to beat soft comp of $5.9M. Despite recent 46% share drop, PE now 9x vs 14x last year. Cash position solid at $5.2M.
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