Biome Australia jumps on upbeat FY25-27 revenue forecast

Biome Australia

29/07/2024 04:13

** Shares of Biome Australia  BIO.AX  rise as much as 11% to
A$0.555, their biggest intraday percentage gain since July 3
    ** The microbiome health co sees cumulative revenue of A$85
mln  ($55.74 mln) over FY25-FY27
    ** Says cumulative revenue for previous three years came in
at A$24 mln
    ** Stock up 158.5% YTD, based on last close


   ($1 = 1.5249 Australian dollars)

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))