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Microba Accelerates Core Test Growth with 90% Volume Surge and $2.1M Revenue

9:32am on Thursday 29th of January, 2026 AEDT Healthcare
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Microba Accelerates Core Test Growth with 90% Volume Surge and $2.1M Revenue

9:32am on Thursday 29th of January, 2026 AEDT
Key Points
  • Core test volumes up 90% year-on-year, annualised run rate exceeds 21,300
  • Core testing revenue grows 123% to $2.1 million despite 16% total revenue decline
  • Legacy product phase-out completed, focusing on scalable Microbiome Explorer tests
  • Cost savings initiatives to deliver over $3 million annually through restructuring and lab consolidation
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