Biome Australia Posts Higher Fiscal Q2 Sales Revenue; Shares Down 4%

MT Newswires Live
01-06

Biome Australia (ASX:BIO) reported a record quarterly sales revenue of roughly AU$4.6 million for the fiscal second quarter, AU$100,000 higher than the market forecast of AU$4.5 million shared in November 2024, according to a Monday filing with the Australian bourse.

The sales revenue represents an annualized run rate of AU$18.4 million, with strong growth expected throughout the remainder of the fiscal year, the filing said.

Shares fell more than 4% in afternoon trade Monday.

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