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Biome Australia Achieves Positive EBITDA and Cash Flow
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Biome Australia Achieves Positive EBITDA and Cash Flow

Biome Australia Ltd (AU:BIO) has released an update.

Biome Australia Ltd has reported a landmark quarter, announcing its first positive quarterly EBITDA and underlying operating cash flow in Q3 FY24, alongside a robust 74% increase in sales revenue to $3.2 million compared to the previous corresponding period. Additionally, the company has seen a significant 61.4% rise in same-store pharmacy sales and ended the quarter with an improved cash position.

For further insights into AU:BIO stock, check out TipRanks’ Stock Analysis page.

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