Added to YB: 2025-11-24
Pitch date: 2025-11-20
BRM.V [neutral]
BioRem Inc.
+13.27%
current return
Author Info
Wolf of Oakville takes a magnifying glass to Canadian small cap stocks. Sign up for the newsletter.
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 2.26
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 (earnings): Q3 revenue -24% YOY to $11.25M, gross margin fell 550bps to 28.1%, net income -47%. However, record $71M backlog (~75% expected as revenue next 4 qtrs = $53M vs $34.7M TTM). Strong balance sheet, $8.35M cash, 4.1x current ratio. At 18x FCF & 22x P/E, waiting for cheaper entry.
Read full article (4 min)