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Old 12-27-2023 | 09:08 AM
  #4562  
Slipstream921
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Joined: Oct 2022
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Originally Posted by CBreezy
Bottom line, the financials are not good. However, revenue looks to have increased significantly. The company is definitely burning cash. If the margins don’t start to reduce down to single digits it will be difficult to survive. Start up capital was 300mil- with the numbers… it can’t be doing well. Unfortunate, because I think the plan was to continue long term rather than just as a sell off/acquisition like Avelo.
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