Negative Free Cash FlowPersisting negative free cash flow and deteriorating FCF growth mean the company struggles to convert earnings into cash. This constrains funding for onboarding, R&D, and sales expansion, increasing reliance on external financing or equity issuance which can dilute shareholders and limit organic reinvestment ability.
Ongoing UnprofitabilityNegative net profit and EBIT margins show operations are not yet generating operating earnings. Without structural margin improvement, revenue growth alone won’t produce surplus cash, making long-term sustainability dependent on cost control, pricing power, or major efficiency gains in go-to-market and product delivery.
Negative Return On EquityA negative ROE indicates the company is not generating returns on shareholders' capital and is effectively eroding equity. Over time this undermines investor confidence, raises the cost of capital, and signals that management must materially improve margin conversion or capital efficiency to create lasting shareholder value.