Bullboard - Stock Discussion Forum Biorem Inc BIRMF

Primary Symbol: V.BRM

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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

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TSXV:BRM - Post Discussion

Biorem Inc > revenue Q3 $14m, Q2 $7m, average 10.5m

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Post by mingzhu on Nov 14, 2024 9:51am

revenue Q3 $14m, Q2 $7m, average 10.5m

expecting 10m in Q4. 49M backlog, 75% in next 12 months=36m/4 quarts=9m per Q. It has to increase backlog to over 75m to get 14m revenue per Q like last Q.

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Comment by profitprophet1 on Nov 14, 2024 10:03am

Not sure I'm following your math. 14*4=56. So while I'd love to get the backlog to 75M I don't see how that is required to get us to 14 per quarter. Also, the numbers can be great without 14 every quarter. The Q1 and Q2 are typically lighter and Q4 will likely be a bit lighter than Q4 last year as there was some delay last year and Q3 amounts got pulled into Q4. Still look at the ...more

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