Biome Australia hits record high on robust HY sales revenue

Biome Australia

02/01/2024 24:29

** Shares of Biome Australia  BIO.AX  rise as much as 7.3%
to a record high of A$0.22
    ** Microbiome healthcare firm reports unaudited half-yearly
sales revenue of A$6 mln ($4.09 mln), up 77.7% y/y, and Q2
unaudited sales revenue of A$3.3 mln, up 83.3%
    ** "Strong start to the financial year points toward the
likelihood of continued growth through the second half of FY24"-
Managing Director
    ** Nearly 512,500 shares change hands, compared with the
30-day average volume of about 322,200 shares
    ** Stock nearly tripled in value last year

($1 = 1.4684 Australian dollars)

 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))