Highlights
- Global Sales Surge: Travelan® global sales reached AUD $2.5 million in the December 2024 Quarter, up 70% from the prior quarter and 249% compared to the same period in 2023.
- Australian Market Leads Growth: Australian sales increased 90% quarter-on-quarter to AUD $1.851 million and 315% year-on-year for the December Quarter.
- North American Expansion: North American sales climbed 43% quarter-on-quarter and 141% year-on-year, with the USA contributing AUD $0.731 million and Canada AUD $0.376 million for the December Half Year.
Immuron Limited (ASX:IMC; NASDAQ:IMRN), a leading Australian biopharmaceutical company, has reported impressive unaudited sales growth for its flagship product, Travelan®, an over-the-counter immune supplement that targets pathogenic bacteria and toxins in the gastrointestinal tract. The December 2024 results highlight robust performance across all key markets.
Australia: Record Growth
Sales in Australia surged by 90% during the December 2024 Quarter, reaching AUD $1.851 million, compared to AUD $1.007 million in the September 2024 Quarter. Year-over-year, sales increased by a remarkable 315% compared to the December 2023 Quarter. For the December 2024 Half Year, Australian sales totaled AUD $2.858 million, reflecting a 54% increase from AUD $1.853 million during the corresponding period in 2023.
North America: Steady Expansion
In North America, Travelan® sales also demonstrated strong growth. Sales for the December 2024 Quarter rose 43% quarter-on-quarter to AUD $0.652 million, representing a 141% increase compared to the December 2023 Quarter. The Half Year figures showed a 57% year-over-year increase, with total sales of AUD $1.108 million. Breaking down the Half Year performance, the USA contributed AUD $0.731 million, while Canada added AUD $0.376 million.
Global Performance: A Milestone Year
Globally, Travelan® sales in the December 2024 Quarter amounted to AUD $2.5 million, a 70% increase from the previous quarter and 249% higher than the same period in 2023. For the December 2024 Half Year, sales totaled AUD $4.0 million, representing a 70% year-over-year increase.