Conservative Leverage / Strong Equity BaseVery low leverage and a high equity ratio provide durable financial resilience. This reduces refinancing and interest-rate risk, supports investment during downturns, and gives management flexibility to fund strategic hires, geographic expansion, or selective acquisitions.
Improving Operating MarginsSustained margin improvement reflects lasting gains in cost control and pricing for advisory services. Higher gross and operating margins increase internal cash generation potential and enhance the scalability of the consultancy model, strengthening long-term profitability if maintained.
Reputation-driven, Repeatable Consultancy ModelA services model built on reputation, repeat clients and long-term contracts creates durable revenue streams and high client retention. Expert witness and project advisory work generate recurring mandates, supporting steady demand across cycles and helping sustain utilization and pricing power.