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Here's Why We're Not At All Concerned With ON24's (NYSE:ONTF) Cash Burn Situation

By Yahoo! Finance   |   Oct 19, 2024 at 08:23 AM EST
Here's Why We're Not At All Concerned With ON24's (NYSE:ONTF) Cash Burn Situation

Investors are drawn to unprofitable companies for potential high returns, like Amazon. Analyzing ON24's cash burn and runway, it had $194m in cash in June 2024 with a cash burn of $3.2m, showing a healthy financial position and growth prospects.

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