It’s unrealistic to expect early-stage companies to deliver robust margins and cash flows. However, some companies continue to burn cash for an extended period, and it translates into shareholder wealth destruction. A good example of wealth destruction on the back of cash burn is Lucid Group (NASDAQ:LCID) stock from the EV sector. This column discusses what I would classify as pre-EBITDA growth stocks.To elaborate, these are growth stocks that represent good businesses with positive industry tailwinds. Furt ...