Biorem Inc (TSE:BRM) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Biorem Inc. reports a profitable year with 2023 earnings per share rising 40% to $0.14, despite a decrease in annual revenue from $28.9 million to $25.2 million. The company also managed to lower its operating expenses from $6.2 million to $4.0 million, contributing to a net earnings increase to $2.2 million from the previous year’s $1.6 million.
For further insights into TSE:BRM stock, check out TipRanks’ Stock Analysis page.