HomeFinTechBiome: Doubles quarterly sales revenue in Q3 FY23

Biome: Doubles quarterly sales revenue in Q3 FY23

Date:

UK Unveils Draft Crypto Regulations to Shape Future of Digital Finance

How New Legislation Aims to Enhance Security and Innovation...

Mastercard and PayPal Innovate in Agentic Commerce

Exploring how fintech giants are reshaping the future of...

IFGS 2025: The Future of Challenger Banks

Exploring Innovations and Opportunities in the Challenger Banking Sector Highlights:...

Biome Doubles quarterly sales revenue in Q3 FY23

  • Biome Australia (BIO) doubles its sales revenue for the third quarter of its 2023 financial year compared to the same time period last year
  • The company posts third-quarter sales of $1.84 million, up 99 per cent on the March 2022 quarter, with year-to-date sales surpassing $5.2 million and up 91.4 per cent on last year
  • The company says its sales growth was fueled by strong company performance in the pharmacy and practitioner channels
  • The company says it is on track to reach $7 million in full-year sales revenue, which would represent a 126 per cent increase on FY22 sales
  • BIO shares are trading at 7 cents per share at market close
Exit mobile version