Profitability WeaknessPersistent negative net and EBIT margins show the company cannot yet convert revenue into sustainable profits. This structural profitability gap limits reinvestment capacity, heightens reliance on external capital, and prolongs the timeline before the business can self-fund growth or deliver shareholder returns.
Deteriorating Cash FlowDeclining operating and free cash flows reduce financial runway and increase near-term financing risk. Over a multi-month horizon this constrains the firm's ability to invest in product development or sales and may force dilutive capital raises or spending cuts, hindering execution on growth.
Negative Return On EquityNegative ROE signals that shareholder capital is not producing positive returns and that equity is being eroded by ongoing losses. This structural issue undermines long-term value creation, limits internal funding for expansion, and can pressure governance and capital allocation choices over time.