Recent Revenue Decline/variationThe recent drop in total revenue, noted alongside earlier growth, is a structural concern if it continues. Prolonged top-line erosion can undercut margins, leave capacity underutilized, and weaken cash generation; management must address product mix, customers or strategy to restore growth.
Volatile Free Cash Flow GrowthFluctuating free cash flow growth creates uncertainty for capital allocation. Persistent volatility limits the firm's ability to plan capex, maintain stable dividends or pay down debt predictably, increasing the risk that management will need to use short-term financing in adverse periods.
Decline In Assets And Limited ScaleA shrinking asset base, coupled with a very small headcount (12 employees), implies limited operational scale and constrained capacity to expand. Over the medium term this reduces strategic optionality, slows execution on growth initiatives and makes absorbing shocks or scaling production more difficult.