Mar. 17 at 3:04 PM
$WRD heading into Q4 earnings WeRide has/had (approx)
$800MM in cash or >3 years of cash on its current burn rate.
They have about
$40MM in total debt, most of it short term, almost none of it long term.
They should be collecting
$100MM more from UBER and my guess another
$10MM from GRAB in 2026.
Q4 report will give us the correct numbers and shares outstanding.
Unlike Q1-Q3 where most of the cash went toward R&D and getting AV into markets for testing and validation, 2026 will lead to spending more cash putting AV on the roads in more places alongside WePilot builds.
This upcoming earn call will be so important in setting the tone for the balance of 2026. They have so much to explain and answer.
How money was spent in 2024-2025 changed for 2026.
Monday won't come soon enough to learn where WeRide is and goes.
