Glossary

Canadian tech terms, explained.

Clear definitions of the technical, financial, and policy terms used in Canadian tech.

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Finance2 Aliases

Burn rate

How quickly a company is spending cash relative to its inflows.

Definition
Burn rate measures how much cash a company uses over a given period, usually a month. It helps readers understand how long the company can operate before needing new funding or positive cash flow.
Why it matters
A fast burn rate can change the meaning of a growth story if the runway is short or the capital plan is fragile.
Aliases
cash burnrunway
Related topics
FundraisingRunwayCapital efficiency
Finance1 Aliases

ARR

Annual recurring revenue from subscription-style contracts.

Definition
ARR stands for annual recurring revenue. It is a common metric for software and services businesses that sell repeatable contracts and want to show the expected revenue run-rate over a year.
Why it matters
ARR is a shorthand for scale and retention, but it only matters if the underlying revenue is durable and collectible.
Aliases
annual recurring revenue
Related topics
SaaSEnterprise revenueGrowth quality