Conservative Balance SheetVery low leverage and a materially larger equity base provide financial flexibility to fund investments, withstand demand shocks, and support dividends or buybacks. A conservative balance sheet reduces refinancing risk and underpins medium-term stability for operating plans.
Improved Profitability & MarginsSustained margin expansion and higher revenue reflect scalable unit economics and operational improvements. Healthy gross and operating margins support durable earnings power and provide buffer to absorb competitive pressure or cycle dips over the next several quarters.
Consistent Positive Free Cash FlowMaintaining positive free cash flow across multiple years demonstrates the business can self-fund routine reinvestment and distributions. Even with volatility, sustained FCF provides capacity for capex, working-capital needs, and shareholder returns absent major external financing.