We're Not Worried About Blade Air Mobility's (NASDAQ:BLDE) Cash Burn

By Yahoo! Finance | Jul 25, 2024 at 12:24 PM EST

Although investing in unprofitable companies can be profitable, it also comes with risks. Blade Air Mobility's cash burn rate is crucial for shareholders. With a cash runway of about 4.5 years and positive growth indicators, the company seems well-managed.

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