Robert Collings (@robertcollings_) 's Twitter Profile
Robert Collings

@robertcollings_

Tweeting about the financials behind tech startups 🚀 • #ICAEW Chartered Accountant 📈 • Head of Finance 📃• Own views 🤓

ID: 956999651869253632

linkhttps://www.linkedin.com/in/robertcollings/ calendar_today26-01-2018 21:17:51

8,8K Tweet

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Robert Collings (@robertcollings_) 's Twitter Profile Photo

It's pretty incredible that the crowdcube deck for what3words fails to mention the company burnt through almost *£37m* of operating cashflow to generate just £0.8m of revenue last year. This deck has already raised £6,249,640 from 9,535 investors 😬

It's pretty incredible that the crowdcube deck for what3words fails to mention the company burnt through almost *£37m* of operating cashflow to generate just £0.8m of revenue last year.

This deck has already raised £6,249,640 from 9,535 investors 😬
Robert Collings (@robertcollings_) 's Twitter Profile Photo

One company that did well from Covid was Thriva. Revenue up *rubs eyes* 342% in 2021 🚀 Then revenue down 50% in 2022 🔥 (Thriva were awarded a COVID-19 antibody testing contract by UK Gov)

One company that did well from Covid was Thriva.

Revenue up *rubs eyes* 342% in 2021 🚀

Then revenue down 50% in 2022 🔥

(Thriva were awarded a COVID-19 antibody testing contract by UK Gov)