Declining Revenue TrendsPersistent revenue decline erodes scale and increases per-unit overhead, making fixed-cost absorption harder. Structural top-line weakness suggests demand, distribution, or competitive share issues that must be resolved to restore margins; recovery will likely require new channels, products, or pricing strategies.
Deep Negative ProfitabilityVery large negative margins and deeply negative ROE indicate the business is structurally loss-making at current scale. Without sustained revenue improvement or substantial cost restructuring, ongoing losses will deplete equity, hinder reinvestment, and raise long-term viability concerns for the core packaged-food operations.
Negative Operating And Free Cash FlowNegative operating and free cash flows undermine liquidity and force reliance on external financing or asset sales. A steep FCF decline and poor cash conversion reduce capacity to invest in growth or working capital, increasing refinancing risk and limiting the company's ability to execute a durable turnaround plan.