BioRem (CVE:BRM) Second Quarter 2024 Results

Key Financial Results

• Revenue: CA$7.30m (up 71% from 2Q 2023).

• Net income: CA$339.8k (up from CA$96.5k loss in 2Q 2023).

• Profit margin: 4.7% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.

• EPS: CA$0.021 (up from CA$0.006 loss in 2Q 2023).

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

BioRem shares are up 2.3% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with BioRem, and understanding this should be part of your investment process.

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