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Biorem Inc V.BRM

Alternate Symbol(s):  BIRMF

Biorem Inc. is a Canada-based clean technology company. The Company designs, manufactures and distributes a line of air emissions control systems used to eliminate odors, volatile organic compounds (VOCs) and hazardous air pollutants (HAPs). It operates through one reportable segment, which involves the manufacture and sale of pollution control systems. Its solutions include BASYS and BiofiltAIR biofilter, MYTILUS biotrickling filter, multi-stage SYNERGY system, biogas desulfurization, dry scrubber adsorption systems and cannabis odor control. Its BASYS and BiofiltAIR biofilter systems are suited for odor control applications, especially when removing reduced sulfur compounds or VOCs. It offers biofiltration medias, which include BIOSORBENS, XLD, BIOPAK and BIOROLL & BIOBLOK. The Company's service solutions include system upgrades, preventative maintenance, and replacement and spare parts. Its other services dispersion modeling, permit applications and community outreach programs.


TSXV:BRM - Post by User

Bullboard Posts
Comment by KnowledgeSeekr8on Mar 26, 2018 9:47am
43 Views
Post# 27780417

RE:RE:Wow..BRM earns 3 cents/share in Q4

RE:RE:Wow..BRM earns 3 cents/share in Q4The revenue number is right around where I thought at between $7 & $8 million. But I really like how the margins have improved and the cash on hand is very positive along with no debt. With this type of growth we should be getting at least a PE multiplier of 20 which would put us around $.80, so I'm surprised there isn't more action upwards this morning off the hop. I bought another 5000 at $.40 this morning getting my total to the 60,000 shares I was hoping for before the big move upwards. One thing that doesn't add up (I will have to see once the results are available on sedar) the bookings announcement in December stated $7 million in new orders which should have brought the annual total to $22.5 million, but it states that the total annual new orders were $22.0 million? Something doesn't add up there.
Bullboard Posts