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  5. BRM: It now looks like we now have 3 strong quarters under the belt of BRM. [Biorem Inc.]
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Q: It now looks like we now have 3 strong quarters under the belt of BRM. Would appreciate your thoughts on their latest earnings. Clearly the market is very impressed.
Asked by karl on November 07, 2024
5i Research Answer:

BRM had a good move and is up 222% in the past year. But, its market cap is still only $45M and it needs to be considered risky. Revenue was $14.9M and EPS 14c. The stock is certainly cheap if these levels can be maintained or grown. EPS quadrupled in the quarter on a 103% increase in revenue. Backlog did fall to $48.4M from $54.5M last year. It can be cyclical, but with rates falling and momentum strong things look good here for investors seeking a microcap.