Diversified OEM And End-market ExposureServing automotive, industrial and consumer OEMs and holding long-term client contracts provides multi-sector demand anchors. Combined with an R&D focus for custom battery solutions, this durable diversification supports steadier mid-term revenue and reduces dependence on any single cyclical end market.
Improving Balance-sheet LeverageLeverage falling to below parity materially improves financial flexibility and lowers refinancing and interest risk. A stronger equity base reduces insolvency risk in downturns and gives management room to fund capex or R&D, supporting resilience over the next several quarters.
Return To Positive Free Cash FlowA shift to positive and growing FCF signals restored operational cash generation, enabling reinvestment, debt paydown or strategic R&D without sole reliance on external funding. This improvement is a durable enhancer of financial durability if sustained beyond transient cycles.