Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBiome Tech Share News (BIOM)

Share Price Information for Biome Tech (BIOM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 72.50
Bid: 60.00
Ask: 85.00
Change: -3.50 (-4.61%)
Spread: 25.00 (41.667%)
Open: 72.50
High: 72.50
Low: 72.50
Prev. Close: 76.00
BIOM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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

Tue, 12th Mar 2024 12:21

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.

Chief Financial Officer Rob Smith will leave in May to take a job in a non-competing industry, Biome says. It will hire an interim finance executive while it seeks a permanent CFO of the coming months.

Current stock price: 108.50 pence

12-month change: up 22%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
29 Apr 2024 15:02

EARNINGS: Gresham Tech profit up ahead of takeover; Christie cuts divi

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

Read more
29 Apr 2024 13:24

Biome Technologies down after tough quarter for Bioplastics division

(Alliance News) - Shares in Biome Technologies PLC sank on Monday, after the company reported a sharp dip in revenue for the first quarter of 2024.

Read more
29 Apr 2024 10:44

AIM WINNERS & LOSERS: Mosman farm-in approved; Zenova's contract win

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

Read more
29 Apr 2024 08:28

Biome Technologies shares sink as Q1 sales drop 44%

(Sharecast News) - Shares in AIM-listed Biome Technologies plummeted by almost a third on Monday after the bioplastics and radio frequency technology business reported a poor start to the year with first-quarter sales dropping by 44%.

Read more
22 Apr 2024 14:45

UK earnings, trading statements calendar - next 7 days

Tuesday 23 April 
Alphawave IP Group PLCFull Year Results
Anglo American PLCTrading Statement
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Eleco PLCFull Year Results
GB Group PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Property Franchise Group PLCFull Year Results
Taylor Wimpey PLCTrading Statement
tinyBuild IncFull Year Results
Trellus Health PLCFull Year Results
Wednesday 24 April 
1Spatial PLCFull Year Results
abrdn PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Lloyds Banking Group PLCQ1 Results
Nichols PLCTrading Statement
PensionBee Group PLCFirst Quarter Results
PZ Cussons PLCTrading Statement
Quilter PLCQ1 Results
Reckitt Benckiser Group PLCTrading Statement
Sanderson Design Group PLCFull Year Results
Serica Energy PLCFull Year Results
Star Energy Group PLCFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tracsis PLCHalf Year Results
Warpaint London PLCFull Year Results
Thursday 25 April 
Aquila European Renewables PLCFull Year Results
Argo Blockchain PLCFull Year Results
AstraZeneca PLCQ1 Results
Barclays PLCQ1 Results
Checkit PLCFull Year Results
Coca-Cola Europacific Partners PLCTrading Statement
Destiny Pharma PLCFull Year Results
Dillistone Group PLCFull Year Results
Focusrite PLCHalf Year Results
Gem Diamonds LtdTrading Statement
Hikma Pharmaceuticals PLCTrading Statement
Hummingbird Resources PLCTrading Statement
Ibstock PLCTrading Statement
Inchcape PLCTrading Statement
J Sainsbury PLCFull Year Results
London Stock Exchange Group PLCQ1 Results
Persimmon PLCTrading Statement
Pinewood Technologies Group PLCFull Year Results
PPHE Hotel Group LtdTrading Statement
PureTech Health PLCFull Year Results
Relx PLCTrading Statement
Renewi PLCTrading Statement
Schroders PLCQ1 Results
Skillcast Group PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
Unilever PLCQ1 Results
WAG Payment Solutions PLCTrading Statement
Weir Group PLCTrading Statement
WH Smith PLCHalf Year Results
WPP PLCTrading Statement
Zinc Media Group PLCFull Year Results
Friday 26 April 
Facilities by ADF PLCFull Year Results
Kingspan Group PLCTrading Statement
NatWest Group PLC Q1 Results
Pearson PLCTrading Statement
Record PLCTrading Statement
Smurfit Kappa Group PLCTrading Statement
Taylor Maritime Investments LtdTrading Statement
Monday 29 April 
Beazley PLCTrading Statement
Biome Technologies PLCFull Year Results
Christie Group PLCFull Year Results
Gresham Technologies PLCFull Year Results
Jadestone Energy PLCFull Year Results
Oxford BioMedica PLCFull Year Results
SpaceandPeople PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
15 Mar 2024 13:15

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.

Read more
15 Mar 2024 11:17

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.

Read more
15 Mar 2024 10:07

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.

Read more
15 Feb 2024 15:49

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:

Read more
15 Feb 2024 15:26

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.

Read more
6 Feb 2024 17:29

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.

Read more
6 Feb 2024 16:41

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.

Read more
13 Nov 2023 16:43

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:

Read more
13 Nov 2023 13:41

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.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.