Stock Analysis

BioRem Third Quarter 2022 Earnings: EPS: CA$0.05 (vs CA$0.003 loss in 3Q 2021)

  •  Updated
TSXV:BRM
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BioRem (CVE:BRM) Third Quarter 2022 Results

Key Financial Results

  • Revenue: CA$7.31m (up 60% from 3Q 2021).
  • Net income: CA$761.2k (up from CA$115.4k loss in 3Q 2021).
  • Profit margin: 10% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue.
  • EPS: CA$0.05 (up from CA$0.003 loss in 3Q 2021).
earnings-and-revenue-history
TSXV:BRM Earnings and Revenue History November 17th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

BioRem shares are up 7.1% from a week ago.

Risk Analysis

You still need to take note of risks, for example - BioRem has 3 warning signs (and 2 which are potentially serious) we think you should know about.

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