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Hot Topic EARNINGS
Hot Topic EARNINGS
Investment
3 mins to read

Rua Bioscience boosts revenue, needs to raise more funds

The NZX-listed medicinal cannabis company still has cashflow pressures.

Key points
  • Revenue: up from $17,000 to $694,000
  • Loss: improved to $1.8m from a $10.8m loss in the year prior
  • Main takeaway: Revenue rises from a low base as Rua seeks fresh funding.

NZX-listed medicinal cannabis company Rua Biosciences has reported a big revenue boost as it struggles to raise the funds it needs to stay in business.

While export changes last year made it easier for industry players to sell offshore, for many companies it came too late, with listed Greenfern

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Fiona Rotherham Fri, 28 Feb 2025
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Key points
  • Revenue: up from $17,000 to $694,000
  • Loss: improved to $1.8m from a $10.8m loss in the year prior
  • Main takeaway: Revenue rises from a low base as Rua seeks fresh funding.
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Rua Bioscience boosts revenue, needs to raise more funds
Investment,
108063
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