Persistent Negative Cash FlowPersistent negative cash flow indicates the core business is not self-funding, requiring external funding or cash reserves, which may limit growth and sustainability over the long term.
Weak ProfitabilityOngoing weak profitability and net losses suggest structural challenges in achieving sustainable earnings, which could hinder long-term financial health and shareholder returns.
Leadership ChangesFrequent leadership changes can disrupt strategic continuity and execution, potentially impacting the company's ability to achieve long-term objectives and maintain investor confidence.