Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Biome Australia Ltd ( (AU:BIO) ) has provided an update.
Biome Australia Limited reported its first net profit in the first half of FY25, with a sales revenue reaching a new record of $8.86 million. The company also achieved a positive EBITDA and increased its gross margin to 61%. Significant business developments included expanding its distribution footprint in Australia, launching a new cholesterol-lowering probiotic, and entering the Canadian market through a partnership with Ecotrend Ecologics.
More about Biome Australia Ltd
Biome Australia Limited is a microbiome health company that focuses on developing and distributing probiotic products, targeting both local and international markets.
YTD Price Performance: 4.24%
Average Trading Volume: 492,496
Technical Sentiment Consensus Rating: Sell
For a thorough assessment of BIO stock, go to TipRanks’ Stock Analysis page.
