Unprofitability And Weak MarginsNegative net and EBIT margins show the business is not yet generating operating profits. Persistent margin losses constrain retained earnings, limit reinvestment capacity, and require sustained improvement in unit economics or cost structure to achieve durable profitability.
Weak Operating Cash GenerationLow operating cash flow relative to net income and declining free cash flow growth signal uneven cash generation. This raises concern about funding ongoing incentives, driver subsidies and expansion without relying on external financing, pressuring long-term operational sustainability.
Negative Return On EquityA negative ROE indicates the company is destroying shareholder value on current equity investments. Combined with steep EPS deterioration, this reduces reinvestment effectiveness and investor confidence, making it harder to finance growth from internal returns over the medium term.