ARX 1.87% 52.5¢ aroa biosurgery limited

Ann: June 2024 Quarterly Report and Appendix 4C, page-2

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  1. 2,581 Posts.
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    Real cash drop is NZ$5.6m. Not sure why they said outflow $3.6m?

    The sales performance compared to PNV is miserable. All money was basically spend on staff and marketing costs. I expect R&D should take up a larger share as this is supposed to be a "tech" company.

    If their promise of positive operating cashflow in H2 FY2025 is real, then it's not far away, as H2 is from September quarter. Do you guys still believe Brian Ward?
 
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