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Bought 6% more LMND
Lemonade at $16.02

Joshua Simka's avatar
Management anticipates an adjusted loss of between in the range of $240M (compared to an adjusted loss of $225M in 2022.) How soon do you think $LMND can become profitable?
Ben's avatar
@tomato managements goal was to become free cash flow + without raising more capital. So the last 2 years they had neg 320ish mil in FCF. They have close to a billion in treasuries and cash. So they have until 2029 to meet that goal at the current burn rate.
Ben's avatar
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