Added to YB: 2026-03-03
Pitch date: 2026-02-28
BLM.V [neutral]
BluMetric Environmental Inc.
-3.33%
current return
Author Info
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Company Info
BluMetric Environmental Inc. provides sustainable solutions for environmental issues in Canada, the United States, and internationally.
Market Cap
CAD 74.2M
Pitch Price
CAD 1.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
75.25
P/E
-18.84
EV/Sales
1.13
Sector
Commercial Services and Supplies
Category
N/A
BluMetric Environmental ($BLM.V) FINS Review
BLM.V (d/g to 2.5 stars): Q1 rev +45% to $20.3M but gross margin fell 500bps to 27.9%. SG&A rose 56%, outpacing gross profit growth of 22.5%. Net loss $67k vs $378k profit YoY. Cash burn $1.8M vs $838k inflow prior year. 48% dilution past year for DS Consultants acquisition. Major red flag: $1.26M of $15M raise went to mgmt 'for services' on top of 6% broker fees. Trades 66x EV/EBITDA w/ negative FCF & ROIC. Stock option plan increase proposed. Downgraded to 2.5 stars.
Read full article (4 min)