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Biomerica reports FY24 revenue $5.4M vs $5.3M last year

Biomerica reports FY24 revenue $5.4M vs $5.3M last year

Excluding revenues from COVID-19 test kits, Biomerica achieved a 5% year-over-year revenue increase, highlighting the strength and resilience of its diversified product portfolio. The Company also enhanced its gross margin, rising to 11% from 8%, driven by improved cost management and operational efficiencies.

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