Companies Like ON24 (NYSE:ONTF) Can Afford To Invest In Growth [Yahoo! Finance]
ON24, Inc. (ONTF)
Company Research
Source: Yahoo! Finance
lose money for years before finding success with a new treatment or mineral discovery. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt. So, the natural question for ON24 NYSE:ONTF ) 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. View our latest analysis for ON24 How Long Is ON24's Cash Runway? 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. In December 2023, ON24 had US$199m in cash, and was debt-free. Importantly, its cash burn was US$14m over the trailing twelve months. So it had a very long cash runway of many years from December 2023. Notably, however, analysts think that ON24
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ONTF
News
- New ON24 Report Reveals Significant Increase in Engagement as Digital Transformation Accelerates in the Financial Services Industry [Yahoo! Finance]Yahoo! Finance
- New ON24 Report Reveals Significant Increase in Engagement as Digital Transformation Accelerates in the Financial Services IndustryBusiness Wire
- ON24 Announces Date for First Quarter 2024 Earnings Release and Conference CallBusiness Wire
- New ON24 Report Reveals Significant Increase in HCP Engagement as Digital Transformation Accelerates for Life Sciences Industry [Yahoo! Finance]Yahoo! Finance
- New ON24 Report Reveals Significant Increase in HCP Engagement as Digital Transformation Accelerates for Life Sciences IndustryBusiness Wire
ONTF
Earnings
- 2/22/24 - Beat
ONTF
Analyst Actions
- 2/23/24 - Canaccord Genuity
ONTF
Sec Filings
- 4/29/24 - Form 144
- 4/26/24 - Form 4
- 4/25/24 - Form DEFA14A
- ONTF's page on the SEC website