Biome Tech Share News (BIOM)

UK earnings, trading statements calendar - next 7 days

Biome Technologies division wins £0.54m contract

(Sharecast News) - Bioplastics and radiofrequency technology specialist Biome Technologies announced a new contract for its RF technologies division Stanelco on Friday.

Biome Technologies jumps as wins contract worth GBP500,000

(Alliance News) - Biome Technologies PLC shares got a boost on Friday, after it said its RF Technologies division won a half million pound contract.

AIM WINNERS & LOSERS: Wishbone Gold jumps on "positive drilling"

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

IN BRIEF: Biome Technologies expects breakeven in 2024; CFO departs

Biome Technologies PLC - Southampton, England-based bioplastics and radio frequency technology - Raises GBP400,000 by issuing a third tranche of convertible loan notes. The first two tranches, issued in March and April last year, had raised GBP850,000. The unnamed investors in the first two tranches also invested in the third tranche, plus one new participant. The notes convert into ordinary shares at GBP1.00 per share. Looking ahead, Biome Technologies expects 2024 revenue to be "substantially increased" from 2023, driven by large projects in its RF Technologies division, making Biome "broadly breakeven" in cash terms in 2024.

TRADING UPDATES: Biome wins contract; Orosur Mining raises GBP500,000

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Biome Technologies secures £490,000 contract

(Sharecast News) - Biome Technologies said on Thursday that its RF Technologies division has secured a contract with a revenue value of £490,000 to supply a second novel induction furnace system ('The System') to a global manufacturer of scientific glass products.

IN BRIEF: Biome shares soar as revenue rises, Bioplastics grows

Biome Technologies PLC - Southampton, England-based bioplastics and radio frequency technology company - Says revenue for year to December 31 is in line with current market expectations at GBP7.0 million, up 13% from GBP6.2 million the prior year. Cash balance at December 31 was around GBP600,000, down from around GBP800,000. Bioplastics division's revenue surges 36% to GBP6.0 million from GBP4.4 million, driven by existing customers placing larger orders and a broadening customer and application base in North America. Sales are down in RF Technologies division, reflecting "the timing of receipt of contracts and revenue recognition in line with IFRS 15." Company is "pleased" with Bioplastics' "strong progress"; says division "continues to grow strongly in the face of some global headwinds, evidencing the division's resilience." Remains "confident" that delayed RF projects of scale will "successfully complete in the short term". Expects current year to build on this trading momentum.

Biome Technologies full-year revenue meets expectations

(Sharecast News) - Bioplastics and radiofrequency company Biome Technologies said in an update on Tuesday that it recorded total revenue of £7m for 2023, meeting market expectations and marking a 13% increase over the prior year's outturn of £6.2m.

TRADING UPDATES: PCI-PAL picked by Zoom; Biome in project delays

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Biome Technologies reports mixed trading across divisions

(Sharecast News) - Bioplastics and radiofrequency technology company Biome Technologies updated the market on its trading for the third quarter on Monday, with group revenues reaching £5.2m for the first nine months of the year.

EARNINGS: Biome loss widens; Amicorp focused on growth post-IPO

(Alliance News) - The following is a round-up of earnings of London-listed companies, issued on Wednesday and not separately reported by Alliance News:

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: Biome outlook unchanged, matches market consensus

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Biome Technologies division awarded £0.45m contract

(Sharecast News) - Bioplastics specialist Biome Technologies announced on Thursday that its Stanelco RF Technologies division has been awarded a contract worth £0.45m to supply a groundbreaking induction furnace system to a renowned global manufacturer of scientific glass products.