29 May 2024
International Market Update and Health Canada approvals
● Following January 2024 launch into health retail in the UK and Ireland, Biome
expects FY24 International sales revenue to surpass $850k
● Biome expects FY24 international sales revenue to grow 85%+ vs PCP (FY23 $459k)
● Biome secures approval from Health Canada for eight product registrations, with
more to follow in Q4 FY24
● Biome commences exploration into Western European markets for FY25 expansion
● Biome expects a test market launch into North America via Canada in H2 FY25
Great announcement
- We are now active in Australia/UK/Ireland
- Soon to be selling in Canada with approvals being secured
- A pathway to the US market has been identified for test launch
One suspects we will hear more about expansion into Europe in due course - being a logical extension from the UK market
Biome going from strength to strength - great work to Blair and the team
29 May 2024International Market Update and Health Canada...
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