Relatively Low Equity BaseDespite improvement, a still-small equity base leaves limited loss-absorbing capacity and increases sensitivity to large losses or adverse market events. This structural constraint can limit strategic flexibility and elevate refinancing or solvency risk in stressed scenarios.
Modest Net Profit MarginA net margin around the low single digits provides a thin buffer versus revenue swings or cost inflation. Sustaining growth while expanding absolute profitability may require continued scale or cost discipline; otherwise low margins constrain reinvestment capacity and resilience.
EPS Growth Lags Revenue GrowthRevenue is growing faster than EPS, implying margin compression, dilution, or higher operating leverage not yet realized. Over the medium term this divergence may limit earnings power per share unless operating margins or capital structure improve to convert revenue growth into bottom-line gains.