Australia's Beamtree rises on solid annual revenue growth

Beamtree Holdings

29/07/2022 05:20

** Shares of Australian health-care tech company Beamtree
Holdings  BMT.AX  rise as much as 3.6% to A$0.290, their highest
since July 18
    ** Co reports A$16.55 million ($11.60 million) group revenue
in FY22, an increase of 97% Y-O-Y  urn:newsml:reuters.com:*:nASX2gBRZD
    ** Co says it expects continuous strong growth in FY23
    ** About 33,000 shares change hands, vs the 30-day average
volume of more than 83,314 shares
    ** Stock down 42.9% this year, as of last close


($1 = 1.4269 Australian dollars)

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((rishav.chatterjee@thomsonreuters.com;))