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Aug 26, 2024 7:50 AM

Biorem Reports Second Quarter Results with 77% Increase in Year over Year Revenue and Record Order Backlog

GUELPH, ON, Aug. 26, 2024 /CNW/ - BIOREM Inc. (TSXV:BRM) ("Biorem" or "the Company") today announced its results for the three and six-month periods ended June 30, 2024. Biorem's complete second quarter financial statements and MD&A have been filed on SEDAR (www.sedar.com).

FINANCIAL HIGHLIGHTS:

 in Canadian dollars, '000's except earnings per share

Three-months ended

Six -months ended

June 30

June 30

2024

2023

2024

2023

Revenue

7,300

4,280

13,218

7,449

Gross profit

1,657

954

3,437

1,070

Operating expenses