BRN News: BrainChip Holdings (ASX:BRN) Is In A Good Position To Deliver On Growth Plans - 24th Jul 2023, 8:56am

[annb0t]

Just because a business does not make any money, does not mean that the stock will go down. 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. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed.

So should BrainChip Holdings (ASX:BRN) shareholders be worried about its cash burn? In this report, we will consider t...

>>> Read more: BrainChip Holdings (ASX:BRN) Is In A Good Position To Deliver On Growth Plans

 

[Glen]

TESLA didn't make a profit for 17 years.

 

[Rskiff]

TESLA didn't make a profit for 17 years.

and now look how they are going and how the incumbent manufacturers are fairing. Disruption of a industry, like I believe BRN is doing.