RE: Trading update 7th January5 Jan 2021 21:57
Figs on 26th Nov stated they had cash of 125m, plus an unsecured loan facility of 100m, monthly cash burn of 35 to 40 m with additional debt service number of 50m per quarter, so on these numbers they have now close to no cash by mid Feb and will be going into the facility, give or take some furlough payments.
Not sure how you value this company, if they can survive will do well as have a good pub portfolio and freehold properties, plus good management in place, not sure the two large shareholders make much difference now.