How Long Is MedAdvisor's Cash Runway?
In December 2019, MedAdvisor had AU$16m in cash, and was debt-free. In the last year, its cash burn was AU$8.2m. Therefore, from December 2019 it had 2.0 years of cash runway. Notably, however, the one analyst we see covering the stock thinks that MedAdvisor will break even (at a free cash flow level) before then.
Add to My Watchlist
What is My Watchlist?
