Negative Free Cash FlowPersistent negative free cash flow is a structural concern: it limits internal funding for capex, R&D, and dividends, and forces reliance on external financing. Over months this weakens liquidity flexibility, can raise funding costs, and constrains the company's ability to capitalize on growth opportunities.
Earnings Volatility / Negative EPS GrowthSevere negative EPS growth signals earnings instability that may reflect one-offs or operational pressures. Sustained volatility hampers long-term planning, investor confidence, and can increase the cost of capital, making it harder to fund strategic initiatives without dilutive or debt financing.
Moderate Operating MarginsModerate EBIT and EBITDA margins leave limited buffer versus cost inflation or pricing pressure in the specialty/generic drug market. Structurally, this reduces ability to convert revenue growth into cash, increasing sensitivity to input cost shocks and complicating efforts to repair negative cash flow without efficiency gains.