Biome Achieves First Quarter of Positive Underlying Operating...

Biome Achieves First Quarter of Positive Underlying Operating Cash Flow

● Biome Australia achieves cash-flow positive milestone in Q3 FY24
● Biome records $3.2m in sales in Q3, representing 74% growth versus PCP
● Month-on-month sell-through growth continues to be delivered in category’s weakest seasonal quarter

Wow what a result

cash flow positive qtr and they have smashed sales out of the park at $3.2 million in the traditionally quietest qtr with most days of shops closed.

Last qtr result was $3.3m in sales revenue (which from memory was a record) so they only missed beating that record by $110K "in the slowest qtr"

Good luck to all holders