Rua Bioscience reported strong revenue growth and a narrowed loss for FY25 while marking a major European milestone with the launch of its first product in Czechia.

The Māori-founded company grew total revenue 491% to NZ$1.9 million (A$1.7m) for the year to June 30, up from NZ$322,000 (A$290,000) in FY24, with customer revenue climbing to NZ$1.5m (A$1.4m) from just NZ$86,000 (A$78,000) the year prior.

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Adam Sheldon

Adam is a digital journalist at Cannabiz. He previously worked at the ABC covering news and current affairs for the public service broadcaster and breaking national news across Australia. He cut his...

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