Daily Roundup
Tuesday, 1st July 2025
Last updated: 20:00
BIO.ASX VAS.ASX OCL.ASX ACE.ASX AR9.ASX
Biome Achieves Record Sales Revenue
Biome Australia Limited (ASX: BIO) has reported a banner year, with record annual, quarterly, and monthly sales revenue for FY25. The company's unaudited full-year sales revenue reached ~$18.4 million, a 41% increase compared to the previous corresponding period.
Biome's strongest quarter to date was Q4 FY25, with sales revenue exceeding $5 million, a 33% jump from the same period last year. The company also recorded its highest monthly sales in June, reaching ~$2.1 million, up 50% versus the previous year.
These impressive results have put Biome on track to achieve its Vision 27 forecast of at least $75 million in cumulative sales for FY25-27. The company's domestic business saw sell-through increase by over 50% in FY25, solidifying its status as the category's leading growth brand. Biome also made significant strides internationally, securing new major retailers, wholesalers, and distributors across Canada, Ireland, the United Kingdom, and New Zealand.
Looking ahead, Biome anticipates reporting another quarter of positive EBITDA for Q4 and its inaugural full year of net profit in the FY25 accounts. The company's strong performance positions it well to continue its growth trajectory and meet its ambitious Vision 27 targets.
Vanguard Announces Updated ETF Distribution Estimates
Vanguard Investments Australia Ltd has announced the estimated distribution amounts and distribution timetable for various Vanguard ETFs. The estimated distributions range from 20.1184 cents per unit for the Vanguard FTSE Emerging Markets Shares ETF (VGE) to 398.0393 cents per unit for the Vanguard MSCI Australian Small Companies Index ETF (VSO).
The ex-distribution date is 1 July 2025, the record date is 2 July 2025, and the payment date is 16 July 2025. Vanguard also provided information on the Distribution Reinvestment Plan (DRP), which is available for all the listed ETFs, and the importance of ensuring correct bank details are provided to the registrar, Computershare, prior to the record date.
Objective to Acquire Isovist
Objective Corporation (ASX:OCL) has announced the acquisition of Isovist, a provider of GIS-based e-planning solutions for local governments. The acquisition will supplement Objective's capabilities in the Planning and Building sector and support its efforts to build stronger communities and nations through market-defining GovTech software.
Isovist's e-planning products are used by over 50 councils in Australia and New Zealand, known for their intuitive user experience, rapid implementation, and alignment to local planning frameworks. Looking ahead, Objective plans to integrate its proven artificial intelligence (AI) capabilities to further transform the planning and development process for the Isovist platform.
Acusensus Signs Service Delivery SOW for NZ Speed Program
Acusensus Ltd, a leading provider of AI-powered road safety solutions, has signed a Service Delivery Statement of Work (SOW) with a customer in New Zealand. The SOW covers the deployment of Acusensus' advanced technology to support New Zealand's national speed management program.
This agreement represents a significant milestone for Acusensus as it continues to expand its international footprint and contribute to improving road safety globally. The announcement highlights the company's ability to deliver innovative solutions that address the critical issue of road safety, and its commitment to working with governments and transportation authorities to implement effective measures.
AR9 Secures $7.5 Million Placement to Accelerate Growth
ArchTIS Limited, a global provider of data-centric software solutions for secure collaboration of sensitive information, has secured a A$7.5 million placement from new and existing investors. The funds will be used to drive the company's growth across the U.S. defence market, strategic alliances, and secure product innovation.
The placement, representing a 17.4% discount to the 7-day VWAP and a 15.5% discount to the 14-day VWAP, marks a pivotal step forward in executing ArchTIS's strategic international expansion and revenue growth plans. The company expects to use the proceeds to strengthen its go-to-market capabilities, expand delivery capacity, enhance onboarding and support infrastructure, and provide new distribution opportunities in international markets.
References
BIO.ASX | 08:44 | Biome Achieves Record Sales Revenue |
VAS.ASX | 09:09 | Updated Estimated Distribution Announcement |
OCL.ASX | 09:46 | Objective to acquire Isovist |
ACE.ASX | 08:26 | Acusensus signs Service Delivery SOW for NZ speed program |
AR9.ASX | 09:25 | AR9 Secures $7.5 Million Placement to Accelerate Growth |