Aroa Biosurgery Ltd (AU:ARX) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Aroa Biosurgery Limited has reported a strong performance for the quarter ending September 2024, with a 35% increase in cash receipts to NZ$19.9 million and a significant reduction in cash burn. The company remains debt-free with a robust cash balance of NZ$21.6 million and maintains its revenue guidance for FY25, while expanding its market presence in the US, Argentina, and Egypt.
For further insights into AU:ARX stock, check out TipRanks’ Stock Analysis page.