Companies Like Larimar Therapeutics (NASDAQ:LRMR) Are In A Position To Invest In Growth [Yahoo! Finance]
Larimar Therapeutics, Inc. (LRMR)
Company Research
Source: Yahoo! Finance
For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com? Given this risk, we thought we'd take a look at whether Larimar Therapeutics NASDAQ:LRMR ) 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. Let's start with an examination of the business' cash, relative to its cash burn. Check out our latest analysis for Larimar Therapeutics How Long Is Larimar Therapeutics' Cash Runway? A company's cash runway is calculated by dividing its cash hoard by its cash burn. When Larimar Therapeutics last reported its March 2024 balance sheet in May 2024, it had zero debt and cash worth US$227m. In the las
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LRMR
News
- Larimar Therapeutics Announces FDA has Removed Partial Clinical Hold for Nomlabofusp Program in Friedreich's Ataxia [Yahoo! Finance]Yahoo! Finance
- Larimar Therapeutics Announces FDA has Removed Partial Clinical Hold for Nomlabofusp Program in Friedreich’s AtaxiaGlobeNewswire
- Larimar Therapeutics Reports First Quarter 2024 Operating and Financial Results [Yahoo! Finance]Yahoo! Finance
- Larimar Therapeutics Reports First Quarter 2024 Operating and Financial ResultsGlobeNewswire
- Larimar Therapeutics, Inc. (NASDAQ: LRMR) had its "outperform" rating re-affirmed by analysts at Leerink Partnrs.MarketBeat
LRMR
Earnings
- 3/14/24 - Miss
LRMR
Sec Filings
- 5/20/24 - Form 8-K
- 5/9/24 - Form S-3
- 5/9/24 - Form 10-Q
- LRMR's page on the SEC website