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Bullboard - Stock Discussion Forum Biorem Inc V.BRM

Alternate Symbol(s):  BIRMF

Industrials
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... see more

TSXV:BRM - Post Discussion

Biorem Inc > Earnings are out
View:
Post by KnowledgeSeekr8 on May 20, 2022 9:22am

Earnings are out

https://finance.yahoo.com/news/biorem-reports-first-quarter-financial-120000152.html
Comment by KnowledgeSeekr8 on May 20, 2022 9:28am
They aren't that great, back into a loss position. Not sure if the increasing inflation is the issue Its strange but looks like gross profit is up quite a bit from 2021 Q1 but income didn't come through so I want to have a look at the details financials later We will probably now see $.60's as some people will grow impatient. Long term thesis is still there for me. Just have to wait ...more  
Comment by Possibleidiot01 on May 20, 2022 10:51am
Wondering if we read the same earnings? Q1 sometimes is awful but I thought the increased revenues, stable backlog  and relatively stable cash position ( quarter to quarter after the buyback ) were good. Of note , also variable expenses were up - methinks executives/ sales people may have been traveling. A the beginning of Covid , management kept emphasizing the direct contact with customers ...more  
Biorem Inc