BIO 5.43% 61.0¢ biome australia limited

Yes suspect you are correct K manQ1/2 sales were $6.1 million...

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  1. 2,707 Posts.
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    Yes suspect you are correct K man

    Q1/2 sales were $6.1 million noting Q2 made up $3.3 of same (which was a new record Qtr)

    The traditionally slowest Qtr - Q3 - has just delivered a whopping $3.2 - just shy of matching/beating the most recent record Qtr - this provides $9.3 in sales upto end Q3

    Current forecast is $12.5 for full year so they need to hit $3.2 in Qtr 4 to hit that revised forecast being $1.066 per month.

    Q2/Q3 are both spring/summer months with Xmas and holidays all mixed in - yet Q2/Q3 delivered a combined $6.5 or average $1.083 per month

    Very hard not to see Biome sell at least $1.1 per month in this current Qtr which would see them exceed forecast of $12.5 - hitting $12.6

    That said we appear to be still growing sales rapidly and Q3 is traditionally a strong Qtr so you would expect it to exceed Q2/Q3 average (just look at the historical growth charts)

    So if we assume they do exceed with

    Average sales of $1.15 per month being a $3.45 Qtr would see $12.75

    Average sales of $1.2 per month being a $3.6 Qtr would see $12.9

    Average sales of $1.25 per month being a $3.75 Qtr would see $13.05

    Average sales of $1.3 per month being a $3.9 Qtr would see $13.2

    Average sales of $1.35 per month being a $4.05 Qtr would see $13.35

    Personally and based on the last 2 Qtrs I reckon this Qtr will go close to if not break the $4 million sales

    IMHO/guestimate we will see a reforecast to $13 million and I suspect they will then exceed that forecast in final results with a number circa $13.2

    Good luck to all holders


 
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