Negative Free Cash Flow From High CapexSustained negative free cash flow driven by elevated capex limits internal financing capacity. Over a multi-month horizon this constrains ability to deleverage, invest selectively, or return cash to shareholders, forcing reliance on external funding and increasing financial rigidity.
Inconsistent Operating Cash FlowVolatile conversion of reported profits into cash undermines predictability for suppliers, inventory procurement, and working capital planning. This structural inconsistency raises the risk of short-term liquidity strain and complicates disciplined reinvestment or debt servicing across business cycles.
Recent Revenue Decline And Profit VolatilityA recent revenue dip and uneven net income imply demand, mix, or pricing pressure and exposure to input cost volatility. Such variability can erode long-term growth visibility, hamper multi-period planning, and pressure margins if customers or product mix shift unfavorably over the coming months.