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BioRem (BRM) investor relations material
BioRem Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenue for Q2 2025 reached $9.4 million, up 29% year-over-year and 99% sequentially from Q1 2025.
Year-to-date revenue totaled $14.1 million, a 7% increase over the first half of 2024.
Net earnings for Q2 2025 were $745,000, with year-to-date net earnings of $782,000, up from $681,000 in the prior year.
Order backlog grew to $61 million as of June 30, 2025, compared to $57 million a year earlier.
Management expects the strong backlog to support robust revenues and earnings in the second half of 2025.
Financial highlights
Gross profit for Q2 2025 was $2.5 million (27% margin), up from $1.7 million (22.7% margin) in Q2 2024.
EBITDA for Q2 2025 was $1.2 million, more than double the $555,000 in Q2 2024.
Operating expenses for Q2 2025 were $1.5 million, up from $1.1 million, mainly due to a $400,000 credit loss provision.
Cash on hand at June 30, 2025 was $7.7 million; working capital stood at $10 million.
Operating activities generated $1.2 million in cash, but working capital changes used $2.5 million.
Outlook and guidance
Management anticipates continued strong revenue and earnings in the second half of 2025, supported by a robust order backlog.
Ongoing international shipments and robust bidding activity are expected to drive growth.
Next BioRem earnings date

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