We're Keeping An Eye On Butterfly Network's (NYSE:BFLY) Cash Burn Rate [Yahoo! Finance]
Butterfly Network, Inc. Class A (BFLY)
Company Research
Source: Yahoo! Finance
lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt. So should Butterfly Network NYSE:BFLY ) shareholders be worried about its 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. First, we'll determine its cash runway by comparing its cash burn with its cash reserves. Check out our latest analysis for Butterfly Network How Long Is Butterfly Network's Cash Runway? You can calculate a company's cash runway by dividing the amount of cash it has by the rate at which it is spending that cash. In March 2024, Butterfly Network had US$113m in cash, and was debt-free. Importantly, its cash burn was US$82m over the trailing twelve months. That means it had a cash runway of around 17 months as of March 2
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News
- UltraSight Joins Butterfly Garden to Expand AI Real-Time Guidance Across Point of Care Ultrasound Devices [Yahoo! Finance]Yahoo! Finance
- UltraSight Joins Butterfly Garden to Expand AI Real-Time Guidance Across Point of Care Ultrasound DevicesPR Newswire
- HeartFocus Joins Butterfly Garden to Develop Software Enabling Any Healthcare Professional to Conduct Lifesaving Echos on Butterfly's Imaging Platform [Yahoo! Finance]Yahoo! Finance
- HeartFocus Joins Butterfly Garden to Develop Software Enabling Any Healthcare Professional to Conduct Lifesaving Echos on Butterfly’s Imaging PlatformBusiness Wire
- Butterfly Network to Participate at the Goldman Sachs 45th Annual Global Healthcare ConferenceBusiness Wire
BFLY
Earnings
- 5/1/24 - Beat
BFLY
Sec Filings
- 6/27/24 - Form 4
- 6/25/24 - Form 144
- 6/14/24 - Form S-8
- BFLY's page on the SEC website