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Biorem Inc ( (TSE:BRM) ) has provided an update.
BIOREM Inc. reported a record order backlog of $71 million as of September 30, 2025, driven by strong new order bookings of $17 million during the third quarter. Despite a 24% decline in quarterly revenue compared to the same period in 2024, the company saw a 19% increase over the previous quarter, with revenues totaling $11.3 million. The company’s strategic adjustments have led to increased adoption rates of their new products and services, positioning them for continued growth. The decrease in operating expenses and a solid cash position of $8.4 million reflect efficient cost management, while the company anticipates further revenue and earnings growth over the next 12 months.
The most recent analyst rating on (TSE:BRM) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Biorem Inc stock, see the TSE:BRM Stock Forecast page.
Spark’s Take on TSE:BRM Stock
According to Spark, TipRanks’ AI Analyst, TSE:BRM is a Outperform.
Biorem Inc’s strong financial performance is the most significant factor driving the stock score, reflecting robust growth and a stable financial foundation. The technical analysis suggests a neutral market sentiment, while the valuation indicates the stock is reasonably priced. The absence of earnings call and corporate events data did not impact the score.
To see Spark’s full report on TSE:BRM stock, click here.
More about Biorem Inc
BIOREM Inc. is a leading clean technology company specializing in the design, manufacture, and distribution of high-efficiency air emissions control systems. These systems are used to eliminate odors, volatile organic compounds (VOCs), and hazardous air pollutants (HAPs). With a global presence, including sales and manufacturing offices across the continent and a dedicated research facility, BIOREM serves municipalities, industrial companies, and their communities with over 2000 installed systems worldwide.
Average Trading Volume: 32,573
Technical Sentiment Signal: Buy
Current Market Cap: C$34.7M
See more data about BRM stock on TipRanks’ Stock Analysis page.