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4,872 Posts.
5649
31/01/22
11:57
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The cash burn ratio is 0.5 with skewed revenue & cash burn figures.
PMOC was about 61.1% of revenue last quarter & revenue should be about $6.2M on 4C without the $1M deposit.
$6.2M x 61.1% = $3.79M. So $6.09M - $3.79M = $2.3M is part of the $5M for Kaddy expansion.
If we strip out the $1M deposit & $2.3M for Kaddy expansion we get $6.2M revenue on 4C & $2.3M cash burn = 0.37 cash burn ratio.
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