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Stock impact report

We Think Aurora Innovation (NASDAQ:AUR) Needs To Drive Business Growth Carefully [Yahoo! Finance]

Aurora Innovation, Inc. - Class A (AUR) 
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. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed. Given this risk, we thought we'd take a look at whether Aurora Innovation NASDAQ:AUR ) shareholders should 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. 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 Aurora Innovation Does Aurora Innovation Have A Long Cash Runway? A company's cash runway is the amount of time it would take to burn through its cash reserves at its current cash burn rate. In September 2023, Aurora Innovation had US$1.5b in cash, and was debt-free. Looking at the last year, the company burnt thr Show less Read more
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