BioRem (BRM.V) Stock Analysis & Winston Score
BioRem designs and builds biological air treatment systems that remove odors and harmful gases from industrial emissions. Its core products use living microorganisms to break down pollutants like hydrogen sulfide and volatile organic compounds. Customers include wastewater treatment plants, food processing facilities, and oil and gas operations, primarily in North America. The company earns revenue by selling engineered equipment and providing ongoing maintenance and parts services. BioRem is a small-cap company based in Guelph, Ontario, Canada, with a market cap around $100 million. Its niche expertise in biological treatment gives it a competitive edge over traditional chemical scrubbing alternatives, as its systems tend to have lower operating costs. Growth depends on tightening air quality regulations and expanding into new industries and geographies, though the company's small size makes it sensitive to project timing and order flow variability.
Winston Score: 61/100 — Good
A decent business — some strong pillars, some weaker.
- Quality: Good (20/30)
- Growth: Strong (15/20)
- Cash Flow: Weak (1/10)
- Stability: Exceptional (10/10)
- Valuation: Good (6/10)
- Ownership: Mixed (6/15)
Key Facts
Price: 3.50 CAD
Market Cap: 57M CAD
Sector: Industrials
Industry: Industrial - Pollution & Treatment Controls
Exchange: Toronto Stock Exchange Ventures

