Understand what changed in NZX company results

Revenue rose 93.5% while borrowings climbed 55.9%

Revenue reached $2.9m and cash rose to $0.534m, but operating cash outflow widened to $3.0m.

Rua's cash balance more than doubled to $0.534m from $0.241m, while gross borrowings rose 55.9% to $1.7m and total liabilities rose 54.3% to $2.9m, leaving equity down 13.0% to $4.3m. The higher cash balance provides some buffer, but borrowings still increased alongside continuing operating losses. Total revenue and other income rose 93.5% to $2.9m from $1.5m, while revenue from customers rose 71% to $2.58m on the company's own reporting — these are different revenue bases from the same release and should not be treated as interchangeable.