Simply wall street: We Think Irisity (STO:IRIS) Can Easily Afford To Drive Business Growth

Please not that the analysis, forecasts, views, and opinions expressed on this page are those of the authors and do not necessarily reflect the official policy or position of Irisity.

Excerpt:

We can readily understand why investors are attracted to unprofitable companies. Indeed, Irisity (STO:IRIS) stock is up 133% in the last year, providing strong gains for shareholders. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

Full analysis:

https://simplywall.st/stocks/se/commercial-services/sto-iris/irisity-shares/news/we-think-irisity-stoiris-can-easily-afford-to-drive-business-growth/