We're A Little Worried About Arqit Quantum's (NASDAQ:ARQQ) Cash Burn Rate [Yahoo! Finance]
Arqit Quantum Inc. (ARQQ)
Company Research
Source: Yahoo! Finance
For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse. So, the natural question for Arqit Quantum NASDAQ:ARQQ ) shareholders is whether they should be concerned by its rate of cash burn. For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. The first step is to compare its cash burn with its cash reserves, to give us its 'cash runway'. Check out our latest analysis for Arqit Quantum How Long Is Arqit Quantum's Cash Runway? A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. When Arqit Quantum last reported its September 2023 balance sheet
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ARQQ
News
- Arqit Quantum Inc. Announces $13.6 Million Registered Direct OfferingGlobeNewswire
- Arqit Quantum CEO steps down [Seeking Alpha]Seeking Alpha
- Arqit announces leadership transition with the appointment of a new Chief Executive OfficerGlobeNewswire
- Arqit Quantum Inc. Announces 25:1 Reverse Share SplitGlobeNewswire
- Sparkle Pioneers Network-as-a-Service (NaaS) with Quantum-Safe Internet Use Case [Yahoo! Finance]Yahoo! Finance
ARQQ
Sec Filings
- 10/15/24 - Form 144
- 10/15/24 - Form 144
- 10/15/24 - Form 144
- ARQQ's page on the SEC website