Answer
The press release you quoted does not contain the information needed to calculate either the cash‑burn rate or the projected runway for TrueBlue (NYSE :TBI). The only financial figures disclosed are:
| Metric | Q2 2025 | Prior‑year Q2 2024 |
|---|---|---|
| Revenue | $396 million (flat vs. prior year) | – |
| Net loss | $0 million | $105 million (including $100 million of non‑cash impairments and tax valuation charges) |
| SG&A expense | $90 million (‑7 % vs. $97 million) | – |
These items do not include:
- Cash balances (beginning or ending)
- Capital expenditures or other cash‑outflows
- Debt or credit facility availability
- Any statement of “cash‑burn” or “cash on hand” that the company typically reports in its earnings release or 10‑Q filing
Because cash‑burn rate and runway are derived from cash‑flow data, the missing pieces are:
Cash‑burn rate = (Operating cash outflows + CapEx + Other cash uses) ÷ number of months (or days) in the period.
- Usually disclosed as “cash used in operating activities” on the cash‑flow statement, or sometimes reported directly by management as “cash burn per month”.
Projected runway = (Current cash balance + available credit) ÷ average monthly cash‑burn.
- This yields the number of months the company can continue operating before it must raise additional capital.
How you could obtain the needed numbers
| Source | What to look for |
|---|---|
Form 10‑Q (Quarterly report) – filed with the SEC (e.g., 10-Q for the quarter ending June 30 2025) |
– Balance sheet: cash and cash equivalents (beginning & ending). – Statement of cash flows: “Net cash used in operating activities” and “Investing cash flows”. |
| Management discussion & analysis (MD&A) in the 10‑Q or earnings call transcript | – Any commentary on “cash burn”, “runway”, or “liquidity”. |
| Press release / investor presentation (often posted on the company’s IR site) | – Companies sometimes include a “cash‑burn” slide with a forward‑looking runway estimate. |
| Conference call transcript (e.g., “TrueBlue Q2 2025 Earnings Call”) | – Executives may answer analyst questions about cash‑burn and capital needs. |
Example (illustrative only – do not use these numbers as TrueBlue’s actual data)
If, for illustration, TrueBlue’s balance sheet showed:
- Cash & cash equivalents: $150 million at the end of Q2 2025
- Operating cash outflow: $30 million per quarter (≈ $10 million per month)
- No new debt or equity issued
Then:
- Cash‑burn rate ≈ $10 million per month.
- Runway ≈ $150 million ÷ $10 million ≈ 15 months of operating cash.
But again, those figures are hypothetical; the actual cash‑burn and runway can only be derived from the real cash‑flow and balance‑sheet data that are not present in the excerpt you provided.
Bottom line
- The current press release does not disclose cash‑burn or runway.
- To answer the question accurately, you’ll need to locate TrueBlue’s latest 10‑Q filing (or a more detailed earnings release) that includes the cash‑flow statement and balance sheet.
- Once you have the cash balance and cash‑flow numbers, you can compute the cash‑burn rate and divide the cash balance by that rate to estimate the projected runway.
If you can share the cash‑flow or balance‑sheet figures from the 10‑Q (or a more complete earnings release), I can walk you through the exact calculation.