Biorem Inc V.BRM

results - healthy

[Possibleidiot01]

Timing of projects credited as a factor in revenue jump.
Expenses up by roughly $200,000. EBITDA down.
Dry scrubber ($8 million)and service contracts ($3 million) booking activity "robust"
Guided towards a positive second half for revenues and earnings.
Positive cash flow and net reductions in non-cash working capital items added a further $630,000 to cash reserves.
$11.61 million market cap with $4.3 million in cash.
MAybe in second half we may see some use of this money?

[KnowledgeSeekr8]

Agreed some healthy numbers here They kept costs in line and I like this statement in the report as well... "We have been actively managing the impact that disruptions to our global supply chain and inflation have posed over the past several months, making BIOREM one of the few companies in our industry that continues to meet delivery schedules, remain on-budget and exceed customer