High LeverageAzorim's high leverage could strain financial flexibility, increasing vulnerability to interest rate hikes and economic downturns, potentially impacting long-term viability.
Negative Cash FlowsPersistent negative cash flows highlight liquidity issues, limiting Azorim's ability to fund operations and service debt, posing a risk to financial stability.
Declining ProfitabilityDecreasing net profit margins suggest pressure on Azorim's profitability, which may affect its ability to reinvest in growth initiatives and maintain competitive positioning.