Here's Why We're Not At All Concerned With MYT Netherlands Parent B.V's (NYSE:MYTE) Cash Burn Situation [Yahoo! Finance]
MYT Netherlands Parent B.V. American Depositary Shares, each representing one Ordinary Share (MYTE)
Company Research
Source: Yahoo! Finance
So should MYT Netherlands Parent B.V NYSE:MYTE ) shareholders be worried about its cash burn? In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. Let's start with an examination of the business' cash, relative to its cash burn. When Might MYT Netherlands Parent B.V Run Out Of Money? 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. As at June 2024, MYT Netherlands Parent B.V had cash of €15m and no debt. Looking at the last year, the company burnt through €1.8m. That means it had a cash runway of about 8.4 years as of June 2024. While this is only one measure of its cash burn situation, it certainly gives us the impression that holders have nothing to worry about. You can see how its cash balance has changed over time in the image below. How Well Is MYT Netherlands Parent B.V Growing? MYT Netherlands
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MYTE
News
- MYT Netherlands Parent B.V First Quarter 2025 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Mytheresa Reports Strong Q1 FY25 Results With 8% Net Sales Growth and Improved, Positive Year-Over-Year Profitability [Yahoo! Finance]Yahoo! Finance
- Mytheresa Reports Strong Q1 FY25 Results With 8% Net Sales Growth and Improved, Positive Year-Over-Year ProfitabilityBusiness Wire
- Mytheresa Announces First Quarter of Fiscal Year 2025 Earnings Release and Conference Call; Participating in Upcoming Investor ConferencesBusiness Wire
- MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign agreement for Mytheresa to acquire YOOX NET-A-PORTER (“YNAP”) to create leading, global, multi-brand digital luxury group in exchange for a 33% equity stake in MytheresaBusiness Wire
MYTE
Earnings
- 11/19/24 - Miss
MYTE
Sec Filings
- 11/19/24 - Form 6-K/A
- 11/19/24 - Form 6-K
- 11/18/24 - Form 144
- MYTE's page on the SEC website