Company Deep Dive
Read the full research report: business segments breakdown, earnings transcripts review, management credibility analysis, competitive landscape, and scenarios.
BRM.V
Strong BuyFull HouseAPPROVEBioRem Inc. · Industrials · Canada · $41M · Avg Vol: $77K/d
BioRem exhibits the classic characteristics of a niche, high-ROIC compounder with a massive $77M backlog, providing significant revenue visibility. Their environmental technology, which focuses on sustainable industrial air emission control, is increasingly critical as global supply chains reroute and industrial requirements tighten in energy-stressed regions.
COMPANY DESCRIPTION
BioRem Inc. is a Canadian clean technology company that designs, manufactures, and distributes high-efficiency air pollution control systems. The company's proprietary biofiltration and biotrickling filter technologies are widely used by municipal and industrial clients to eliminate odors, volatile organic compounds (VOCs), and hazardous air pollutants. It operates as a market leader in biological air treatment, with thousands of installations operating globally.
FINANCIAL SUMMARY (CAD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28.9M | 25.2M | 37.4M | 42.4M | 13.6% | 50.7M | 52.1M | 58.9M | 17.9% |
| EPS (CAD) | 0.10 | 0.14 | 0.19 | 0.30 | 44.2% | 0.34 | 0.39 | 0.50 | 28.6% |
| Shares | 15.5M | 15.7M | 16.1M | 16.1M | +4.1% | 16.1M | — | — | — |
| Debt | 4.7M | 4.2M | 3.6M | 2.8M | -15.8% | 2.5M | — | — | — |
| Equity | 4.5M | 6.7M | 10.6M | 14.9M | 48.9% | — | — | — | — |
| Op CF | 1.4M | 0.5M | 3.7M | 7.6M | 74.2% | 0.3M | — | — | — |
| Inv CF | -0.2M | -0.6M | -0.4M | -0.4M | — | — | — | — | — |
| Fin CF | -1.0M | -1.3M | -0.6M | -0.8M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of BRM.V are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| BRM.V | BioRem Inc.(you) | $41M | 100 | Strong Buy |
| VCI.V | Vitreous Glass Inc. | $32M | 98 | Strong Buy |
| APT | Alpha Pro Tech, Ltd. | $55M | 86 | Strong Buy |
| ADUR | Aduro Clean Technologies Inc. | $502M | 20 | Sell |
| DCM.TO | DATA Communications Management Corp. | $115M | 87 | Strong Buy |
| HMM-A.TO | Hammond Manufacturing Company Limited | $207M | 99 | Strong Buy |
| TBL.TO | Taiga Building Products Ltd. | $282M | 89 | Strong Buy |
| BQE.V | BQE Water Inc. | $64M | 58 | Hold |
| WJX.TO | Wajax Corporation | $458M | 95 | Strong Buy |
| DRX.TO | ADF Group Inc. | $389M | 89 | Strong Buy |
Peer medians: ROE 9.5% · P/E 26.2x · Gross margin 29.3%