Biome Technologies plc announced trading update for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported total group revenues of £2.6 million against £1.5 million a year ago.

For the nine months, the company reported total group revenues to £7.0 million against £4.5 million, a 56% increase compared to the same period last year. The 2018 year-to-date Group revenues already exceed the 2017 full year of £6.2 million, with 78% of these revenues arising from the RF division.

The company provided revenue guidance for the full year of 2018. For the year, the company expected to be the group has continued its progress during the first half of the year into third quarter and the board expects this momentum to continue for the remainder of the year.