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Biorem Inc. Records Profitable Growth in 2023
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Biorem Inc. Records Profitable Growth in 2023

Biorem Inc (TSE:BRM) has released an update.

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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.

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