Biome Technologies (BIOM)

Sector:

Engineering

Index:

FTSE AIM All-Share

 285.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 680.00
  • 52 Week Low: 285.00
  • Currency: UK Pounds
  • Shares Issued: 2.80m
  • Volume: 0
  • Market Cap: £7.98m

Biome tops 2017 revenues in just nine months

By Iain Gilbert

Date: Thursday 01 Nov 2018

LONDON (ShareCast) - (Sharecast News) - Biome Technologies saw revenues rise more than 50% in the first nine months of its trading year, eclipsing the group's full-year revenues from a year earlier.
Biome, which develops both natural plastics and radio frequency systems, told investors that revenues increased 56% to £7m for the nine months ended 30 September - with third quarter revenues alone jumping 73% to £2.6m.

The AIM-listed outfit also revealed that year-to-date revenues of £6.2m had already exceeded its full-year results from 2017, with 78% of revenues coming from its RF division thanks to an "exceptional" demand for fibre optic furnaces which caused revenues to nearly double to £2m from the £1.1m reported a year earlier.

Biome said it had also made an underlying profit in the third quarter.

Looking forward, Biome expects the momentum experienced in the third quarter to continue into the remainder of its trading year.

As of 1100 BST, Biome shares had shot up 9.52% to 690p.

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BIOM Market Data

Currency UK Pounds
Share Price 285.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 680.00
52 Week Low 285.00
Volume 0
Shares Issued 2.80m
Market Cap £7.98m

BIOM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.02% below the market average43.02% below the market average43.02% below the market average43.02% below the market average43.02% below the market average
36.84% below the sector average36.84% below the sector average36.84% below the sector average36.84% below the sector average36.84% below the sector average
Price Trend
26.51% below the market average26.51% below the market average26.51% below the market average26.51% below the market average26.51% below the market average
21.95% below the sector average21.95% below the sector average21.95% below the sector average21.95% below the sector average21.95% below the sector average
Income Not Available
Growth
44.40% above the market average44.40% above the market average44.40% above the market average44.40% above the market average44.40% above the market average
47.37% above the sector average47.37% above the sector average47.37% above the sector average47.37% above the sector average47.37% above the sector average

BIOM Dividends

No dividends found

Trades for --2019

Time Volume / Share Price
0 @ 0.000p

BIOM Key Personnel

CEO Paul Mines

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