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HomeFinTechBiome: Doubles quarterly sales revenue in Q3 FY23

Biome: Doubles quarterly sales revenue in Q3 FY23

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
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