IOU News: We Think IOUpay (ASX:IOU) Needs To Drive Business Growth Carefully - 5th May 2022, 8:59am

[annb0t]

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 the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

So should IOUpay (ASX:IOU) shareholders be worried about its cash burn? In this report, we will consider the company's annual negative free cash flow, ...

>>> Read more: We Think IOUpay (ASX:IOU) Needs To Drive Business Growth Carefully