Strong Revenue Growth And High Gross MarginsThe company posted accelerating revenue growth through 2025 while maintaining high gross margins (~59%–65%). High, stable gross margins support scalable economics and protect operating leverage, making revenue gains more likely to convert into sustainable profit expansion over the next several quarters.
Turnaround To Consistent ProfitabilityManagement moved the business from multi-year losses into sustained operating profit and net income across 2023–2025. This structurally reduces solvency risk, improves internal funding capacity, and indicates the business model and cost structure can support durable earnings going forward if current trends persist.
Improved Cash Generation And Free Cash FlowOperating and free cash flow materially improved with free cash flow in 2025 roughly in line with net income. Stronger cash conversion enhances financial flexibility, funds reinvestment without immediate equity raises, and makes the firm more resilient to medium-term stress if the recovery endures.