Enter your last three months of OPEX and revenue. Get gross burn, net burn, 3-month average, and a burn multiple.
Gross burn = (OPEX_m1 + OPEX_m2 + OPEX_m3) ÷ 3 Net burn = Gross burn − (Rev_m1 + Rev_m2 + Rev_m3) ÷ 3 Burn multiple = Net burn ÷ Net new ARR
Burn multiple (from David Sacks) is the modern efficiency metric every Indian VC asks about. Lower is better: