Biome Australia Full Year 2024 Earnings: Beats Expectations

Biome Australia (ASX:BIO) Full Year 2024 Results

Key Financial Results

• Revenue: AU$13.0m (up 80% from FY 2023).
• Net loss: AU$1.67m (loss narrowed by 46% from FY 2023).
• AU$0.008 loss per share (improved from AU$0.015 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Biome Australia Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 27%.

Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Global Personal Products industry.

Performance of the market in Australia.

The company's shares are up 13% from a week ago.

Risk Analysis

Be aware that Biome Australia is showing 3 warning signs in our investment analysis that you should know about...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.