Hidden gems #5; Biorem delivers
It was quite a wait for the 2023Q4 results announcement...but IT WAS TOTALLY WORTH IT!!
Hhhhmmmm, I better not get used to this, because I am sure the next disappointment will hit me with a vengeance.
Let’s just enjoy it while it lasts. Another stock thesis has played out!!
Biorem delivers! 🏷️
It is quite the wait when a company reports its 2023 results, only until after 2024Q1 is already finished. But it was soooo worth it. An EPS of CAD 0.14 in the quarter. That means that Biorem traded at < 7x earnings when I first wrote about it, for 2023Q4 alone!!
More importantly…
Of course, more important is the outlook for the future.