WEBULL

We're Not Worried About CLOBOT's (KOSDAQ:466100) Cash Burn

Simply Wall St · 4d ago

There's no doubt that money can be made by owning shares of unprofitable businesses. Indeed, CLOBOT (KOSDAQ:466100) stock is up 433% in the last year, providing strong gains for shareholders. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com?

In light of its strong share price run, we think now is a good time to investigate how risky CLOBOT's cash burn is. For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. First, we'll determine its cash runway by comparing its cash burn with its cash reserves.

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

How Long Is CLOBOT's Cash Runway?

You can calculate a company's cash runway by dividing the amount of cash it has by the rate at which it is spending that cash. When CLOBOT last reported its September 2025 balance sheet in November 2025, it had zero debt and cash worth ₩47b. Importantly, its cash burn was ₩6.3b over the trailing twelve months. Therefore, from September 2025 it had 7.5 years of cash runway. While this is only one measure of its cash burn situation, it certainly gives us the impression that holders have nothing to worry about. Depicted below, you can see how its cash holdings have changed over time.

debt-equity-history-analysis
KOSDAQ:A466100 Debt to Equity History January 6th 2026

Check out our latest analysis for CLOBOT

How Well Is CLOBOT Growing?

We reckon the fact that CLOBOT managed to shrink its cash burn by 30% over the last year is rather encouraging. And arguably the operating revenue growth of 55% was even more impressive. We think it is growing rather well, upon reflection. Of course, we've only taken a quick look at the stock's growth metrics, here. You can take a look at how CLOBOT is growing revenue over time by checking this visualization of past revenue growth.

How Easily Can CLOBOT Raise Cash?

There's no doubt CLOBOT seems to be in a fairly good position, when it comes to managing its cash burn, but even if it's only hypothetical, it's always worth asking how easily it could raise more money to fund growth. Companies can raise capital through either debt or equity. Commonly, a business will sell new shares in itself to raise cash and drive growth. By comparing a company's annual cash burn to its total market capitalisation, we can estimate roughly how many shares it would have to issue in order to run the company for another year (at the same burn rate).

Since it has a market capitalisation of ₩1.5t, CLOBOT's ₩6.3b in cash burn equates to about 0.4% of its market value. So it could almost certainly just borrow a little to fund another year's growth, or else easily raise the cash by issuing a few shares.

So, Should We Worry About CLOBOT's Cash Burn?

As you can probably tell by now, we're not too worried about CLOBOT's cash burn. For example, we think its revenue growth suggests that the company is on a good path. Its cash burn reduction wasn't quite as good, but was still rather encouraging! Taking all the factors in this report into account, we're not at all worried about its cash burn, as the business appears well capitalized to spend as needs be. Taking an in-depth view of risks, we've identified 1 warning sign for CLOBOT that you should be aware of before investing.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies with significant insider holdings, and this list of stocks growth stocks (according to analyst forecasts)