Sustained Negative Profitability And Declining RevenuePersistent negative margins and declining top line indicate structural operational and demand challenges. Continued losses erode equity, limit reinvestment capacity, and require meaningful restructuring or new growth drivers to restore profitability and long-term viability over the coming months.
High Leverage And Weakened Equity PositionElevated leverage and a deteriorating equity base reduce financial flexibility, increase interest burden, and raise refinancing risk. This capital-structure weakness constrains strategic options, limits investment in growth initiatives, and increases the likelihood of costly external funding or dilution.
Consistently Negative And Worsening Free Cash FlowOngoing negative operating cash flow signals weak cash-generation and reliance on financing activities. Persistent cash burn undermines the ability to fund operations, invest in product development or marketing, and increases solvency risk unless cash generation is restored or external capital is secured.