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Biome Australia Ltd ( (AU:BIO) ) has provided an announcement.
Biome Australia Ltd has announced a substantial financial improvement for the half-year ending December 2024, with revenues increasing by 47.4% to $8.86 million and a reported profit of $433,395 compared to a loss in the previous year. The company’s expansion in distribution points and strong sales in both domestic and international markets have contributed to its positive performance, indicating promising growth potential and a strong position in the health and wellness industry.
More about Biome Australia Ltd
Biome Australia Ltd operates in the health and wellness industry, primarily focusing on Activated Probiotics and live biotherapeutics. The company is expanding its market presence with a significant focus on Australian community pharmacies and international markets such as Canada, the UK, Ireland, and New Zealand.
YTD Price Performance: 4.24%
Average Trading Volume: 492,496
Technical Sentiment Consensus Rating: Sell
For detailed information about BIO stock, go to TipRanks’ Stock Analysis page.
