Bromance is a fairly typical queer coming of age film with nothing really interesting about it other than Daniel (played by Javier De Pietro) is nice to look at.
For what was probably a low budget Bromance is a well crafted and acted film and better than a lot of similar dramas with bigger budgets. But even so, it's essentially a shrug inducing film especially if you've seen a lot of young-guy-struggling-with-identity movies.
The film is set in 1996, something we learn from video tapes Daniel is making of his friends. Why it's 1996 or why the video is initially an element of the film (which is later essentially forgotten) aren't explained. Neither detail add anything to the movie.
Bromance is an OK choice if you're looking for something watchable with some nice looking guys in it.