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Bullboard - Stock Discussion Forum Thinkific Labs Inc T.THNC

Alternate Symbol(s):  THNCF

Thinkific Labs Inc. is a Canada-based company that offers a software platform that enables entrepreneurs to create, market, sell, and deliver their own online courses. The Company operates primarily in one segment, which being the development, marketing and support management of the Company’s cloud-based platform. Its platform gives businesses everything they need to build, market, and sell... see more

TSX:THNC - Post Discussion

Thinkific Labs Inc > additional
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Post by Possibleidiot01 on Nov 08, 2022 6:32am

additional

$9.7 million of that cash balance used last quarter.
Comment by b919191 on Nov 09, 2022 9:20pm
not exactly, sorry again to jump in here, but they 'used' $5.6mn (the lowest burn in 4 quarters) they 'lost' $4.3mn due to FX fluctuations, I suppose they keep at least some of their cash in CAD, which would explain that drop I think you add the two to get to your $9.7mn used up I don't think anyone will assume that they will keep losing that $4.3mn each quarter for ...more  
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