Latest news with #AMY
Yahoo
3 days ago
- Business
- Yahoo
Here's Why We're Not At All Concerned With RecycLiCo Battery Materials' (CVE:AMY) Cash Burn Situation
Explore RecycLiCo Battery Materials's Fair Values from the Community and select yours There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although software-as-a-service business lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly. Given this risk, we thought we'd take a look at whether RecycLiCo Battery Materials (CVE:AMY) shareholders should be worried about its cash burn. In this report, we will consider the company's annual negative free cash flow, henceforth referring to it as the 'cash burn'. Let's start with an examination of the business' cash, relative to its cash burn. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. How Long Is RecycLiCo Battery Materials' Cash Runway? A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. As at April 2025, RecycLiCo Battery Materials had cash of CA$16m and no debt. Looking at the last year, the company burnt through CA$1.4m. That means it had a cash runway of very many years as of April 2025. Even though this is but one measure of the company's cash burn, the thought of such a long cash runway warms our bellies in a comforting way. Depicted below, you can see how its cash holdings have changed over time. View our latest analysis for RecycLiCo Battery Materials How Is RecycLiCo Battery Materials' Cash Burn Changing Over Time? RecycLiCo Battery Materials didn't record any revenue over the last year, indicating that it's an early stage company still developing its business. Nonetheless, we can still examine its cash burn trajectory as part of our assessment of its cash burn situation. Even though it doesn't get us excited, the 48% reduction in cash burn year on year does suggest the company can continue operating for quite some time. Admittedly, we're a bit cautious of RecycLiCo Battery Materials due to its lack of significant operating revenues. We prefer most of the stocks on this list of stocks that analysts expect to grow. How Hard Would It Be For RecycLiCo Battery Materials To Raise More Cash For Growth? Even though it has reduced its cash burn recently, shareholders should still consider how easy it would be for RecycLiCo Battery Materials to raise more cash in the future. Generally speaking, a listed business can raise new cash through issuing shares or taking on debt. Commonly, a business will sell new shares in itself to raise cash and drive growth. We can compare a company's cash burn to its market capitalisation to get a sense for how many new shares a company would have to issue to fund one year's operations. RecycLiCo Battery Materials has a market capitalisation of CA$32m and burnt through CA$1.4m last year, which is 4.4% of the company's market value. Given that is a rather small percentage, it would probably be really easy for the company to fund another year's growth by issuing some new shares to investors, or even by taking out a loan. How Risky Is RecycLiCo Battery Materials' Cash Burn Situation? It may already be apparent to you that we're relatively comfortable with the way RecycLiCo Battery Materials is burning through its cash. For example, we think its cash runway suggests that the company is on a good path. And even its cash burn reduction was very encouraging. After considering a range of factors in this article, we're pretty relaxed about its cash burn, since the company seems to be in a good position to continue to fund its growth. Taking a deeper dive, we've spotted 4 warning signs for RecycLiCo Battery Materials you should be aware of, and 3 of them make us uncomfortable. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies, and this list of stocks growth stocks (according to analyst forecasts) Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
New Straits Times
24-05-2025
- Business
- New Straits Times
Airod inks Boeing B737 fleet maintenance deal with Ascend Airways
LANGKAWI: Airod Aerospace Technology (AAe) has signed an aircraft maintenance agreement with Ascend Airways Malaysia (AMY) to support the airline's Boeing B737 fleet. The agreement, signed in February, was officially announced on the sidelines of the Langkawi International Maritime and Aerospace Exhibition (Lima'25). It designates AAe as the base maintenance provider for AMY's aircraft as the airline prepares to launch its ACMI (Aircraft, Crew, Maintenance and Insurance) operations later this year. AAe acting chief executive officer Datuk Firhad Uzir Abdul Rahim said the signing marks a major step in strengthening Malaysia's aviation ecosystem. "We are honoured to be entrusted with the maintenance of AMY's aircraft and look forward to supporting their growth with our world-class MRO (maintenance, repair and overhaul) capabilities." AMY chief executive officer Germal Singh Khera said the collaboration with AAe reflects the airline's commitment to operational excellence ahead of its debut in Malaysia and future regional expansion. "We truly value AAe's strong commitment to provide base maintenance services for our aircraft with the reliability, efficiency and technical excellence that we require. "As we pursue our mission to deliver dependable, safe and efficient ACMI services across the region, unwavering support from dedicated partners like AAe is crucial to achieving our goals." AAe, a subsidiary of Airod, was established in 2012 under the expansion plan of National Aerospace Defence Industries (NADI). The company specialises in commercial aviation MRO services for various aircraft models including the Airbus A320 Family, Boeing B737 Series and ATR42/72.
The Irish Sun
23-05-2025
- Entertainment
- The Irish Sun
Amy Childs reveals she ‘can't stop being sick' and is in ‘the worst pain' days after weight loss backlash
Amy Childs reveals she 'can't stop being sick' and is in 'the worst pain' days after weight loss backlash The Towie OG previously following the birth of her twins, Millie and Billy. 4 Amy Childs has worried fans as of late because of her slim figure Credit: PA 4 She lost two stone following the birth of her twins Credit: Instagram Amy Childs, 34, has recently worried fans with a slew of concerning clips. Although they praised her on her stunning looks and fashion, they are concerned that she may have gone too far. But recently, the star took to social media to reveal that she was struck down with a mystery illness. "Guys I have been up all night, I have been freezing cold, boiling hot and I haven't stopped being sick. READ MORE ON AMY "The cramps have been so painful I can't physically get out of bed. I never have been in this kind of pain." She continued: "I have Googled and this is the symptoms I have got, I have really bad tummy cramps. Amy added: "And struggling to keep anything down," alongside a crying face emoji. This comes after the Most read in News TV Amy looked thinner than ever as she showcased her new look in a TikTok video. She over her recent weight loss after showing off her slender frame in another earlier clip. Towie star Amy Childs sparks backlash as she shows off her massive weight loss However, her followers have checked in over fears she has gone "too far". At the beginning of the year, the former Celebrity Big Brother was forced to It came after she shared a selection of photos of herself in a bikini that were taken during a break over Christmas. Amy insisted she had achieved her body transformation with the help of a fitness coach, penning: "And no!!! this wasn't done by using jabs or pills." 4 Amy insisted she had not been taking Ozempic or other weight-loss pills Credit: amychilds1990/Instagram 4 Fans suggested she's lost too much weight in a recent TikTok video Credit: TikTok
Axios
09-04-2025
- Entertainment
- Axios
7 Philadelphia principals wins Lindback Foundation award and $20K
Seven principals from the School District of Philadelphia took home the Lindback Foundation award for distinguished leadership yesterday. Why it matters: The honor comes with $20,000 for a project of their choosing that benefits students and the community. Here's what the school district told us they'll do with the cash: 🩰 Paula Furman from AMY at James Martin: Provide arts-based experiences for students, including trips to the Philadelphia Ballet and Philadanco, as well as safe spaces for students-athletes to practice. Plus, boost parent engagement opportunities. 🎙️ Marla Travis Curtis from West Philly High School: Expand the school's career technical education programs, including creating a recording studio and providing a fine arts learning laboratory. 🤖 Nichole Polk from Potter-Thomas Elementary School: Build out the school's digital media and robotics programs. 🗣️ Melissa Bragg from John Hancock Demonstration School: Create a dedicated language lab at the school, which will particularly support English language learners and those who are deaf and hard of hearing. 🚌 Awilda Balbuena from Gloria Casarez Elementary School: Pay for a schoolwide team-building trip to the College Settlement's outdoor school program to help students improve their social-emotional skills. 😊 KaTiedra Argro from Philly High School for Girls: Set up a dedicated space at the school for students to take scheduled breaks, promote their mental well-being, and earn points through positive behavior, attendance and academic achievements.
