Revenue & Profit RecoveryRevenue growth resumed across 2023–2025 and the firm moved from a 2022 loss to recurring positive EBIT and net income. This durable recovery strengthens operating leverage, supports reinvestment and reduces solvency risk, improving the company's ability to fund growth and execute strategy over months.
Strong Free Cash Flow GenerationMaterially higher operating and free cash flow in 2025 indicates improved cash conversion and working-capital efficiency. Durable FCF enhances financial flexibility: it supports dividends, debt reduction, and capex without depending on external financing, strengthening resilience over the next several quarters.
Improving Leverage And ReturnsDeclining leverage and a return to positive ROE indicate the balance sheet is becoming healthier. Lower debt ratios reduce financing risk and interest burden, while stabilizing returns enable management to pursue strategic investments or M&A with less strain, improving medium-term capital allocation.