Hi there Win8 and other LTH's,
Did anyone go to the webinar today? Unfortunately, I arrived late and missed most of the presentation. Although, just enough time to ask Brian Ward a question. "Looking to the future, and given the size of Aroa's addressable market(s) - in terms of revenue how big do you think Aroa could get in the next 5 to 10 years" - I know the question is meaningless as who could have forecast what has happened over the past 3 years. But I thought I would ask anyway to see what Brian's response would be.
Brian said he was confident that revenue would be over $100m within the next 2 years and beyond that revenue would likely to grow at 30% to 40% p.a. If Aroa can obtain this level of revenue and can maintain its gross margin of 84% and get its operational expenses under control, Aroa has an exciting profitable future ahead, which I am happy to be part of.
Cheers
Ann: Aroa Biosurgery Half Yearly Results H1 FY23, page-7
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