INBS News & Events

Intelligent Bio Solutions announced the receipt and deployment of the first shipment of Intelligent Fingerprinting Drug Screening Readers manufactured under its new strategic manufacturing partnership with Syrma Johari MedTech .The shipment marks a significant step in scaling the Company's production capacity and validates the operational and financial benefits of the collaboration announced in December 2025. The readers are now being deployed across key customer verticals, including construction, transportation and logistics, and manufacturing, throughout the U.K. and Europe, supporting growing commercial demand and expanding the Company's installed base ahead of planned entry into the U.S. market, beyond the Forensic Use Only category, later this year.

Intelligent Bio Solutions announced a partnership with Bouygues UK, a subsidiary of Bouygues Construction, a multi-billion-dollar global construction firm with 35,600 employees, for the deployment of INBS's fingerprint drug screening technology across its UK operations. "This partnership demonstrates the commercial viability and operational advantages of our fingerprint drug testing technology with a world-class construction organization," said Harry Simeonidis, President and CEO at Intelligent Bio Solutions. "Bouygues UK's decision to transition from third-party services to our technology, backed by quantified ROI analysis, validates our value proposition and ability to scale within multinational accounts. We're proud to support Bouygues UK's commitment to workplace safety and operational excellence and view the UK deployment as a foundation for potential expansion across its extended operations."

Reports Q2 revenue $896,774 vs. $607,494 last year. "Our second quarter figures demonstrate consistency and solid progress across our business," said Harry Simeonidis, President and CEO of INBS. "Reader sales more than doubling shows market demand for our non-invasive fingerprint drug testing technology and significantly expands our installed base, the engine for future recurring revenue. Equally important is the 33% growth in cartridge sales, which confirms existing customers are actively using our system and reordering consumables. This is our razor-razorblade model working as designed - hardware placements create the foundation, and consumable sales deliver ongoing revenue. With strong year-over-year growth and first-half revenue exceeding $2 million, we're building sustainable momentum as we advance our regulatory pathway toward planned U.S. market entry."

"We are very pleased with our expected results, showing strong second-quarter performance and reader sales more than doubling year-over-year," said Harry Simeonidis, President and CEO at Intelligent Bio Solutions. "This expansion of our installed base is the foundation of our razor-razorblade business model, as each reader placement creates a long-term relationship that drives recurring cartridge revenue. The anticipated 33% growth in cartridge sales demonstrates this model in action, reflecting new customer adoption and ongoing consumable demand. Momentum across all product categories reinforces our confidence in the commercial strategy and our ability to capture greater market share. As our installed reader base continues to grow, we are strengthening the foundation for recurring revenue growth throughout fiscal 2026 and beyond."