Replies to post #7786 on DraftKings Inc (DKNG)

[MikeLandfer]

Yeah they are running out of time hmm.. let’s see what they report here. Then we can do some quick basic math and see if their path to profitability truly can be done before they run out of cash.

[Talc Moan]

March 2022 Cash on hand 1.7

June 30th Cash on hand 1.5

200 Million Burn rate Q over Q. Improvement. Will have to see this Fall going into NFL what they burn.

If they continue to improve their losses and burn rate things will look good.

To hard to say at this moment.