2023 High Conviction - GoTo - Burnt Through All Cash From the IPO, Weakest Cash Position Among Peers
In Mar 2022, GoTo (GOTO IJ) raised around US$1bn from what was essentially a domestic Indonesian IPO. At its current cash burn pace, the company will have to come to the markets again soon.
Equity Bottom-Up
649 Views, 25 Nov 2022 12:11
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