Biome Australia – Quarterly Activities & Appendix 4C December 2023
Highlights
● Biome reports record $3.3m sales revenue and $3.07m cash receipts in Q2 FY24
● Biome records first ever quarter of positive operating cash flow of $81k
● Underlying cash flow improved by $500k compared to the previous quarter
● Record cash receipts in Q2 FY24, up 45% to $3.07m, accounts receivable increased
from $2.08m to $2.28m
● Landmark agreement signed in Q2 FY24 to develop company owned IP
● Biome reaffirms it is sufficiently funded to execute its FY24 strategy
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