WBT 1.21% $2.51 weebit nano ltd

Ann: H1 FY22 Results Release, page-5

  1. MTV
    1,751 Posts.
    lightbulb Created with Sketch. 594
    The current cash burn is a bit concerning:

    https://hotcopper.com.au/data/attachments/4114/4114055-c497d6a78b29eb626a24f17ac705ef85.jpg

    I had expected an increase as they picked up the pace, but this is 3 times. We have only a bit over a year of cash runway at this rate. That means another significant CR is on the cards before the end of this CY, and probably at least one more after that before the company becomes cash flow positive.

    NB: The above post is largely opinion and should not be construed as financial advice.
 
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