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Stock impact report

Companies Like Blend Labs (NYSE:BLND) Can Afford To Invest In Growth [Yahoo! Finance]

Blend Labs, Inc. Class A (BLND) 
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. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly. So, the natural question for Blend Labs NYSE:BLND ) 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. Let's start with an examination of the business' cash, relative to its cash burn. We check all companies for important risks. See what we found for Blend Labs in our free report A company's cash runway is calculated by dividing its cash hoard by its cash burn. When Blend Labs last reported its December 2024 balance sheet in March 2025, it had zero debt and cash worth US$98m. Looking at the last year, the company burnt through US$23m. So it had a ca Show less Read more
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