Added to YB: 2026-04-03
Pitch date: 2026-04-01
BLM.TO [neutral]
BluMetric Environmental Inc.
+3.26%
current return
Author Info
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Company Info
BluMetric Environmental Inc. provides sustainable solutions for environmental issues in Canada, the United States, and internationally.
Market Cap
CAD 54.1M
Pitch Price
CAD 0.92
Price Target
N/A
Dividend
N/A
EV/EBITDA
55.74
P/E
-13.71
EV/Sales
0.83
Sector
Commercial Services and Supplies
Category
turnaround
Portfolioupdate Q1 - 2026 - $BLM.TO BluMetric Environmental (exited position)
BLM.TO (exited position): Revenues up but gross margin eroding, OpEx more than doubled while heavily diluting shareholders, still unprofitable. Mgmt took $1.26M of $15M raise for themselves without proper disclosure in PR—major conflict of interest. Results significantly below expectations, sold entire position at open.
Read full article (1 min)