Intelligent Bio Solutions Reports Fiscal 2026 Full-Year Revenue Growth of 38% Year-over-Year, Driven by Reader Installed Base and High-Margin Cartridge Growth
Intelligent Bio Solutions Inc. reported a 38% year-over-year revenue increase to $4.2 million for fiscal 2026, driven by a 22% growth in reader installed base and 35% growth in consumable cartridge sales. Gross margin expanded by 778 basis points to 48.63%, supported by lower-cost manufacturing and optimized product mix. The company advanced its FD…