ARX 0.76% 65.0¢ aroa biosurgery limited

Terrific company, great products. Consistent results. Baffling...

  1. 25 Posts.
    Terrific company, great products. Consistent results. Baffling share price (but with low volumes)

    Staff costs are too high but presumably a large part is the sales force to drive further growth. It appears that there are up to 150 sales reps who probably cost $20M (NZD) . Hopefully this investment delivers top line growth, else perhaps better to trim the sales team and other staff and improve profitability and start getting measured in Growth, P/E and Cash terms which probably will uplift share price in this environment.
 
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