Biome Technologies (BIOM)

Sector:

Engineering

Index:

FTSE AIM All-Share

310.00p
   
  • Change Today:
    -15.00p
  • 52 Week High: 680.00
  • 52 Week Low: 300.00
  • Currency: UK Pounds
  • Shares Issued: 2.37m
  • Volume: 4,565
  • Market Cap: £7.33m

Biome makes 'small' profit as revenues improve on Q4

By Iain Gilbert

Date: Wednesday 24 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Technology group Biome saw revenues improve quarter-on-quarter, helping it carve out a small pre-tax profit.
In the three months ended 31 March, Biome recorded revenues of £2.1m, putting it 11% ahead of the previous quarter and flat year-on-year.

Bioplastics revenues rose 50% to £600,000 as increased sales of outer packaging for the US single serve coffee market and initial sales of a novel material for a single serve pod boosted numbers.

First quarter revenues for Biome's Stanelco RF division were flat quarter-on-quarter at £1.5m.

Given the RF unit's current order book and general market outlook, Biome believes that revenues will be in line with previous guidance but more likely to be closer to those of 2017 than 2018, which it said was "an exceptional year".

Biome also revealed it had been successful in making a "small profit before interest, tax, depreciation, amortisation and share option charges", based on unaudited management accounts.

The AIM-listed outfit saw its cash position decrease 19.2% to £2.1m.

Looking forward, Biome told investors 2019 had kicked off in an encouraging manner, particularly for its bioplastics division.

As of 1000 BST, Biome shares had shot up 11.02% to 393p.

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BIOM Market Data

Currency UK Pounds
Share Price 310.00p
Change Today -15.00p
% Change -4.62 %
52 Week High 680.00
52 Week Low 300.00
Volume 4,565
Shares Issued 2.37m
Market Cap £7.33m

BIOM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.84% below the market average43.84% below the market average43.84% below the market average43.84% below the market average43.84% below the market average
47.37% below the sector average47.37% below the sector average47.37% below the sector average47.37% below the sector average47.37% below the sector average
Price Trend
31.53% below the market average31.53% below the market average31.53% below the market average31.53% below the market average31.53% below the market average
41.46% below the sector average41.46% below the sector average41.46% below the sector average41.46% below the sector average41.46% below the sector average
Income Not Available
Growth
44.77% above the market average44.77% above the market average44.77% above the market average44.77% above the market average44.77% 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 17-Sep-2019

Time Volume / Share Price
12:24 315 @ 314.00p
11:57 650 @ 315.32p
10:25 100 @ 316.00p
10:25 1,600 @ 300.00p
09:21 1,600 @ 310.00p

BIOM Key Personnel

CEO Paul Mines

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