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Despite a high cash burn, the significant 55% annual revenue...

Despite a high cash burn, the significant 55% annual revenue growth of IDEAYA Biosciences is encouraging. The company's limited cash burn relative to market capitalisation suggests it should be able to fuel growth with minor dilution or borrowing. Cash burn thus shouldn't be a major concern.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more
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