Unless I missed something, a good result from Aroa.
Sales growing strongly,
![0ce298258f2639566c8094ff1022a4d593e850.png](//strawman.com/member/uploads/objects/72/0ce298258f2639566c8094ff1022a4d593e850.png)
and plenty of cash in the bank.
Still unprofitable, with the increased revenue mainly going into marketing.
![418aaf05ae2eafb38a73e3d900f42097517c37.png](//strawman.com/member/uploads/objects/ac/418aaf05ae2eafb38a73e3d900f42097517c37.png)
but I like that they put a decent amount into R&D and the revenue is growing strongly.
![780656d42a1d5e5d2dd1a7ea8509c711afe388.png](//strawman.com/member/uploads/objects/d6/780656d42a1d5e5d2dd1a7ea8509c711afe388.png)
Still making a loss, but definitely a much better result than the previous year.
![5d5d6f2aa1ba787d4e51c138ba65b3ab49e5ef.png](//strawman.com/member/uploads/objects/2b/5d5d6f2aa1ba787d4e51c138ba65b3ab49e5ef.png)
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.