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Though unprofitable last year and burdened with debt, Innova...
Though unprofitable last year and burdened with debt, Innovative Medical Management seems able to manage its debt due to a solid net cash position. However, slow growth and a cash burn of CN¥21m with a loss of CN¥75m means they might need additional capital soon if break-even isn't reached.
Is Innovative Medical ManagementLtd (SZSE:002173) Using Too Much Debt?
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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