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 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.

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Biorem Inc > results - healthy

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Post by Possibleidiot01on Aug 23, 2022 8:40am

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Post# 34913569

results - healthy

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?

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