Amarin Corp Plc (AMRN)

[Whalatane]

JRPac. thx .. so cash burn is overstated due to non cash expenses

Net Loss: The $48.6 million loss highlights challenges in the U.S. market due to generic competition and pricing pressures, impacting profitability. However, it overstates cash burn due to non-cash expenses.

Cash Used in Operations: Amarin’s ability to maintain a stable cash position ($294.2 million) despite the net loss demonstrates effective cash management and the U.S. business’s role in funding European expansion. This suggests operational sustainability, with cash reserves adequate for ongoing operations and potential share repurchasing.

Thx for the insight

Kiwi