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Highlights

  • BP8 share price surged 50% to 0.3 cents on 17 July 2025, following its monthly sales update.

  • Revenue for the June sales period reached AUD 177,316, up 17.7% from the previous month.

  • Seaweed was sourced from coastal farming communities in Indonesia, supporting sustainability goals.

BPH Global Ltd (ASX:BP8) has reported continued revenue growth from its newly launched seaweed sales operations in Indonesia, driving a sharp rise in its share price. The company’s stock surged 50% to 0.3 cents per share on the morning of 17 July 2025.

For the June sales period, covering 15 June to 14 July 2025, BPH Global generated total revenue of approximately AUD 177,316 (IDR 1,886,526,000), representing a 17.7% increase compared to the previous period’s AUD 150,646. The results mark the second month of operations since the launch of its sustainable seaweed sourcing and export business in May 2025.

Sales during the period were made exclusively to wholesale buyers in Indonesia. Shipments to international customers are currently in progress and are expected to be reflected in the next reporting cycle. All transactions in this period were carried out under the Sales Cooperation Agreement with PT Kebula Raya Bestari, an Indonesian partner facilitating local distribution.

The seaweed is sustainably harvested from the Nunukan region of Indonesia, sourced through partnerships with local coastal farming communities. These partnerships are a key component of BPH Global’s commitment to environmentally responsible practices and inclusive community engagement. The company ensures that all harvesting adheres to traceability and quality standards.

Managing Director Matthew Leonard commented on the latest results, noting that the momentum seen in the June period highlights increasing demand and the long-term potential of the company’s seaweed venture. He added that the company is scaling up production to meet market needs and is actively progressing trade financing and additional offtake discussions to support revenue stability and future expansion.

Operationally, the focus remains on boosting production volumes while maintaining product quality and securing a foothold in both domestic and international markets. BPH Global is currently negotiating further offtake agreements and expects trading volumes to grow steadily in the months ahead.

The company reaffirmed its plan to provide regular monthly updates to shareholders and the market, reporting on sales volumes and developments related to its Indonesian seaweed operations.

BPH Global’s strategic push into the sustainable seaweed supply chain is aligned with broader global trends focused on marine-sourced food and materials.