/biz/ - Business & Finance

>>52836132
KEK i know, that is exactly why I am bother posting about this. There are STILL AMRS shills in this thread who are genuinely waiting to pounce with shillposting as soon as possible .

Thirteen months ago, AMRS raised $670m in net proceeds through a debt offering.

It did this after suffering an all-time worst stock price collapse after Q3 2021 results, but a good move overall to grab a multi-year runway.

Then, management blew a golden opportunity.

It paid off $132m of debt and transaction costs.

It then blew half of remaining cash on ad buys to grow consumer brands. This artificially inflated growth, but the growth is unsustainable. If the company pulls back on ad buys, then growth will slow.
Ruh roh. AMRS. Lol.

Management blew a multi-year cash runway in 9 months.

It's difficult to wrap your head around just how quickly this happened, but this chart helps illustrate it.

This is what going off the rails looks like. You have no excuse for the pain ahead if you're still holding. AMRS.


Lol. They won't listen to me. About.

AMRS.