Unless I missed something, a good result from Aroa.
Sales growing strongly,
and plenty of cash in the bank.
Still unprofitable, with the increased revenue mainly going into marketing.
but I like that they put a decent amount into R&D and the revenue is growing strongly.
Still making a loss, but definitely a much better result than the previous year.
Share price was down 7.4% today on the announcement of the above results, which was a surprise to me as I thought they were pretty good.
If anyone has insight into the sell-off I would appreciate the advice. I've recently doubled down from my initial toe in the water and was otherwise quite content.
Cheers.