Strong Revenue Growth Track RecordA multi-year revenue leap signals durable demand capture in the e-bus market and successful tender execution. Scaling revenues improve bargaining power with suppliers, support fixed-cost absorption, and provide a larger base for recurring service and infrastructure revenues over the medium term.
Improving Profitability And MarginsSustained margin expansion implies improved cost structure, likely from manufacturing scale, supplier optimization, and higher-margin after-sales services. Consistent operating profitability enhances internal funding capacity for R&D and network expansion, strengthening long-term competitive positioning.
Solid Balance Sheet With Manageable LeverageA strong equity base and controlled leverage give the company financial flexibility to absorb project timing swings and fund capital expenditures without excessive refinancing risk. This stability supports multi-year fleet supply and infrastructure commitments to public customers.