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alertmeipp

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alertmeipp

Re: valiano post# 5733

Sunday, 01/14/2024 1:32:03 PM

Sunday, January 14, 2024 1:32:03 PM

Post# of 7782
I think your math is off?

>>Let's charitably assume that in 2024 RVNC pulls in 320m of revenue at 70% GMs = 224m gross profit vs 300m in opex = a minimum of 75m cash burn during the year. That leaves us at 285m cash ending 2024.

So if they have 250mm cash on hand now, you expect they draw the 3rd tranche (150mm), they would have 400mm cash on hand. If 75mm cash burn, they should have 325mm YE? What am I missing?
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