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Last C$0.29 CAD
Change Today +0.09 / 45.00%
Volume 313.5K
As of 3:59 PM 06/2/15 All times are local (Market data is delayed by at least 15 minutes).

biorem inc (BRM) Snapshot

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06/2/15 - C$0.33
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01/13/15 - C$0.10
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biorem inc (BRM) Details

Biorem Inc., an environmental biotechnology company, designs, manufactures, and sells air pollution control equipment and systems for the municipal and industrial companies in Canada, the United States, China, and internationally. The company offers biofilters for the removal of odors, hydrogen sulfide (H2S), volatile organic compounds, and hazardous air pollutants, as well as for the conditioning of biogas renewable energy; and biotrickling filters for the removal of high level H2S and other water soluble odorous gases from air streams. It also provides multi-stage systems to treat odors associated with various municipal wastewater treatment processes; biological odor control systems; and biogas conditioning systems. The company is headquartered in Guelph, Canada.

biorem inc (BRM) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: C$147.5K
Chief Financial Officer and Secretary
Total Annual Compensation: C$99.4K
Vice President of Research & Development
Total Annual Compensation: C$166.0K
Compensation as of Fiscal Year 2013.

biorem inc (BRM) Key Developments

BIOREM Inc. Announces Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

BIOREM Inc. announced earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company’s revenue was up 73.9% from the previous quarter to $3,968,000 but 22.5% or $1.2 million below revenues reported in the same period in the prior year. EBITDA was $92,000 compared to an EBITDA of $418,000 for the fourth quarter of 2013. Net loss was $69,000 compared to earnings of $213,000 or $0.02 per share on a basic and $0.01 on a fully diluted basis in the fourth quarter of 2013. For the year, the company’s revenue decreased 45.5% to $10,683,000 from $19,596,000 for the same twelve months in 2013. The net loss was $1,722,000 or $0.13 per share basic and $0.13 on a fully diluted share basis, compared to net earnings of $1,564,000 of $0.06 per share basic and $0.03 on a fully diluted basis in 2013. Operating activities used $446,000 of cash compared to $733,000 generated by operating activities in 2013. $992,000 of cash was provided by a reduction in accounts receivable and unbilled revenue and this was offset by $592,000 of cash used to fund reductions of accounts payable and accrued liabilities.

BIOREM Inc. Auditor Raises 'Going Concern' Doubt

BIOREM Inc. filed its Annual on Apr 29, 2015 for the period ending Dec 31, 2014. In this report its auditor, Meyers Norris Penny LLP - MNP LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

BIOREM Inc. Announces Orders for $3.7 Million

BIOREM Inc. announced several new orders totaling $3.7 million. The orders are for odour control projects in North America, the Middle East and Asia.


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