Negative EBIT PersistsPersistent negative EBIT implies core operating profitability is still under pressure even if accounting net income has improved. This suggests structural margin weaknesses in service delivery or cost base that could limit sustainable operating earnings unless addressed, affecting durable profitability prospects.
High Total LiabilitiesDespite better equity and leverage metrics, materially high total liabilities remain. Elevated obligations can constrain cash available for operations, increase refinancing risk and interest sensitivity, and limit the company's ability to invest in fleet, spares or new service contracts over the medium term.
Inconsistent Revenue And Margin VolatilityIrregular revenue growth and volatile margins point to sensitivity to contract timing, project mix and service cost swings. This undermines predictable earnings and planning for multi-quarter horizons, complicating scaling and reducing confidence in steady margin recovery without structural cost or pricing improvements.