NZ's BLIS Technologies soars most in nearly 4 years on FY25 earnings beat

BLIS Technologies

22/05/2025 01:24

** BLIS Technologies BLT.NZ soars as much as 28.6% to NZ$0.018; marks biggest intraday pct gain since July 7, 2021

** Probiotic strains maker's FY25 EBITDA rises 26% y/y to NZ$1 mln ($593,900), above NZ$0.6 mln-NZ$0.8 mln forecast range

** Earnings beat driven by revenue boost from growth across finished product sales and business-to-business revenue

** YTD, BLT rises 20%

($1 = NZ$1.6838)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com;))