Biome Technologies (BIOM)

Sector:

Engineering

Index:

FTSE AIM All-Share

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 350.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 680.00
  • 52 Week Low: 335.00
  • Currency: UK Pounds
  • Shares Issued: 2.37m
  • Volume: 0
  • Market Cap: £8.28m

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 350.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 680.00
52 Week Low 335.00
Volume 0
Shares Issued 2.37m
Market Cap £8.28m

BIOM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
47.61% below the market average47.61% below the market average47.61% below the market average47.61% below the market average47.61% below the market average
52.63% below the sector average52.63% below the sector average52.63% below the sector average52.63% below the sector average52.63% below the sector average
Price Trend
0.35% below the market average0.35% below the market average0.35% below the market average0.35% below the market average0.35% below the market average
12.2% below the sector average12.2% below the sector average12.2% below the sector average12.2% below the sector average12.2% below the sector average
Income Not Available
Growth
43.89% above the market average43.89% above the market average43.89% above the market average43.89% above the market average43.89% above the market average
42.11% above the sector average42.11% above the sector average42.11% above the sector average42.11% above the sector average42.11% 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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