AD8 News: We Think Audinate Group (ASX:AD8) Can Easily Afford To Drive Business Growth - 1st Aug 2023, 6:46am

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There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse.

So should Audinate Group (ASX:AD8) shareholders be worried about its cash burn? In this article, we...

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