Free Cash Flow DeficitPersistently negative free cash flow (-130.67M) constrains the firm’s ability to fund growth, service debt or return capital despite positive operating cash flow. Over months, persistent FCF deficits can force cuts to capex, higher borrowing, or dependence on external financing, reducing strategic flexibility.
Leverage-Related RiskReported ‘‘slightly higher leverage’’ means debt levels could amplify earnings volatility if sugar/ethanol margins compress or interest rates rise. Near-term leverage requires active management; otherwise it can limit ability to invest in capacity or respond to cyclical downturns in agricultural commodity markets.
Earnings Per Share DeclineA nearly 20% decline in EPS alongside a lower net margin signals pressure on per-share profitability despite revenue gains. Over several quarters this trend can erode shareholder returns, constrain dividend capacity and signal cost or non-operating headwinds that need structural correction.