Biome Technologies Share Discussion Threads

[marmar80] 25/1/2018 08:12

Hope Biome will start promoting own products now and secure some £££ contract with a well known coffee chain or a food producer.

[begorrah88] 25/1/2018 08:12

There is hope for the LTH's here

Very good luck to all

[begorrah88] 25/1/2018 07:56

It's possibly progress of a fashion but certainly not what should be being achieved

Bioplastics flat in Q4 to Q3

£100000 spent

Where is the uptake in these very welcoming markets for BIOM's plastics?

[jmf69] 25/1/2018 07:22

Q4 revenue of 1.7m split 0.5m for bioplastics and 1.2m for RF

[someuwin] 25/1/2018 07:11

Biome Technologies plc
 ("Biome", "the Company" or "the Group")
 
Pre-close Trading Statement
 
 
Biome Technologies plc's pre-close trading statement for the financial year ended 31 December 2017 is set out below.
 
Group revenues for the year were £6.2m, 36% ahead of the 2016 revenues of £4.6m.
 
Revenues in the Bioplastics division were £2.3m, an increase of 44% on 2016 revenues of £1.6m. The Bioplastics division benefitted from an increase in the use of its material for the coffee market following the commercialisation of the innovative BiomeMesh filter material. The shifting perception of plastic waste both in public opinion and amongst policy-makers, particularly in the UK, provides encouragement for future growth in the use of bioplastic products.
 
The RF division also had a strong year with revenues of £4.0m, an increase of 32% over 2016 revenues of £3.0m. The increase in revenues is attributable mainly to robust demand for the fibre optic furnace products underpinned by the roll out of infrastructure investment in telecommunications, including "5G", in Asia. As 2018 commences, the RF division has a strong order book which is ahead of that at the comparable point in 2017.
 
The Group's cash position at 31 December 2017 was £2.3m (30 September 2017: £2.4m; 31 December 2016: £1.5m). The increase in cash year on year is a mixture of trading performance, working capital movements and the £0.45m received under the previously reported settlement agreement.
 
The Board expects that the Group will record a small profit before interest, tax, depreciation, amortisation, and share option charges ("EBITDA") for the 2017 financial year (2016: trading EBITDA loss of £0.2m excluding the settlement agreement).
 
The audited results for the year ended 31 December 2017 are scheduled to be published on 27 March 2018.

[jmf69] 24/1/2018 21:28

Wonder if we'll get a q4 revenue figure less than q3 in tomorrows update

[marmar80] 24/1/2018 09:51

Saw a big article in the FT yesterday about biggest companies turning green. Some biggest will be producing own bottles, bags etc, smaller will be looking for companies already in the bio business. Biome directors, do you have any offer ready for them??!

[jmf69] 22/1/2018 14:21

Even if plastic issue is not reflected in the numbers on Thursday, Mines should provide some sort of update you'd have thought?

[marmar80] 22/1/2018 12:01

Well yes, agree, but I'm quite sure now that the share price will benefit due to the global bioplastic revolution. Not many companies are in this business.

[begorrah88] 22/1/2018 11:58

Mines can't close deals. Never has been able to so there could be a storm of positive opportunities flying towards BIOM and Mines would swerve them all.It'll be same old, same old

[jmf69] 22/1/2018 11:58

Interested is one thing but actually selling it is another

[marmar80] 22/1/2018 11:56

Jmf, personally I don't think we will see anything new in the next statement, but the future is very promising.

[marmar80] 22/1/2018 11:54

Many companies will be interested in Biome's coffee cups & bags!

[jmf69] 22/1/2018 11:52

We'll find out on Thursday if Biome has seen any benefit from all the plastic waste news or if Mines has blown it again with the usual ... in line with management expectations.... blah blah blah

[marmar80] 22/1/2018 10:48

McDonald's is going 100%bio before 2025.

[someuwin] 22/1/2018 10:28

Biome Bioplastics‏ @BiomePlastics · 1 hour ago

We're in @MPN_Magazine! #bioeconomy #bioplastic

[begorrah88] 19/1/2018 09:36

er....no

Avoiding answering the phone more like in case a potential customer rings up

Still, it is POETS day at Marchwood

[marmar80] 19/1/2018 08:33

Biome must start promoting own product within the EU. The time is now!

[marmar80] 18/1/2018 23:52

This is a massive opportunity for Biome!

[temmujin] 18/1/2018 12:40

if warwick university can crack this lignum from wood we'd probably 10 bag overnight

[marmar80] 18/1/2018 12:25

EU wants to abandon plastic bags by 2021.

[begorrah88] 17/1/2018 15:01

''What we need is a strong focus on radically improving the sustainability of the plastics that we will continue to need.''

No, what you need is to step up and get some genuine customers and orders and not just pay lip service to your shareholders.....