Business
BIOREM Reports 8% Increase in Revenue, Earnings of $4.7 million and EPS of $0.12
BIOREM Reports 8% Increase in Revenue, Earnings of $4.7 million and EPS of $0.12 C...
About this update from Biorem Inc.
[{"type":"text","content":"\n\n\n\nBIOREM Reports 8% Increase in Revenue, Earnings of $4.7 million and EPS of $0.12\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen5{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen4{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen6{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nGUELPH, ON, March 18, 2019\n\n\n\nGUELPH, ON, March 18, 2019 /CNW/ - BIOREM Inc. (TSX-V: BRM) (\"BIOREM\" or \"the Company\") today announced its results for the three and twelve-month periods ended December 31, 2018. BIOREM's complete fiscal 2018 year-end financial statements and MD&A have been filed on SEDAR (www.sedar.com).\nFINANCIAL HIGHLIGHTS:\n in '000's except earnings per share\nThree-months ended\nTwelve-months ended\nDecember 31\nDecember 31\n2018\n2017\n2018\n2017\nRevenue\n10,871\n8,538\n24,333\n22,558\nGross profit\n3,393\n2,409\n6,378\n6,270\nOperating expenses\n2,103\n1,250\n4,662\n4,742\nEbitda*\n1,412\n1,047\n1,764\n1,694\nNet earnings \n4,334\n1,051\n4,666\n1,530\nEPS - basic\n0.11\n0.03\n0.12\n0.04\nEPS - fully diluted\n0.11\n0.03\n0.12\n0.04\n* Earnings before interest, taxes and amortizat...