Burn Multiple

Burn Multiple

Measures how much a company is spending relative to the revenue it is generating.

Measures how much a company is spending relative to the revenue it is generating.

Formula

Burn Multiple = (Net Burn Rate) / (Net New MRR)

Know your metric

Importance of

Burn Multiple

  1. Financial Health Assessment

Indicates how efficiently a company is using its capital.


  1. Sustainability Indicator

Helps gauge the sustainability of the company’s growth.


  1. Investor Attractiveness

Used by investors to assess risk and potential for investment.

Drawbacks of

Burn Multiple

  1. Can Be Misleading

High burn might be strategic for growth phases.

  1. Not a Standalone Metric

Needs to be considered with other financial indicators.


  1. Variability

Affected by fluctuating revenues and expenditures.

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