It's a bit tricky because the Bloomberg article states different numbers. It's unclear what they mean with revenue (ARR? Recognized Revenue?).
But, let's take some of those numbers: $25M in Sep'14 (subscription revenue annualized => ARR), $95M in Sep'16 ("revenue" - let's assume it's ARR; recognized revenue would be even better) - that's very impressive growth.
If that continues slowly, let's say they went from $25M to $70M, then growth slowed and they grew to $95M and can get to $120M by the end of next year and grow from there - that's a lot of additional revenue to offset the burn.
Burning $88M per year ($66M in 9 months) after getting $250M from investors + probably a large credit line - even if they don't grow at all, don't reduce cost, that's cash for 3 years.
If they reduce their costs (let's say by $15M), make $25M more in revenue, then it's a $40M lower burn ($48M), and they would still have plenty of the $250M in the bank (+ credit line + what they had before they raised the round).
I'm not saying it's easy or that they are doing phenomenally well. I'm just saying that they can get it under control relatively easily compared to other companies that have high burn rates.
But, let's take some of those numbers: $25M in Sep'14 (subscription revenue annualized => ARR), $95M in Sep'16 ("revenue" - let's assume it's ARR; recognized revenue would be even better) - that's very impressive growth.
If that continues slowly, let's say they went from $25M to $70M, then growth slowed and they grew to $95M and can get to $120M by the end of next year and grow from there - that's a lot of additional revenue to offset the burn.
Burning $88M per year ($66M in 9 months) after getting $250M from investors + probably a large credit line - even if they don't grow at all, don't reduce cost, that's cash for 3 years.
If they reduce their costs (let's say by $15M), make $25M more in revenue, then it's a $40M lower burn ($48M), and they would still have plenty of the $250M in the bank (+ credit line + what they had before they raised the round).
I'm not saying it's easy or that they are doing phenomenally well. I'm just saying that they can get it under control relatively easily compared to other companies that have high burn rates.