Declining Revenue TrendTTM revenue down roughly 7.7% reduces scale and weakens fixed-cost absorption, making margin recovery more difficult. Persistent top-line contraction constrains reinvestment in sales and distribution, lengthening the timeframe to sustainable profitability unless structural revenue drivers are restored.
Negative Profitability Across Income StatementLosses at the net, EBIT and EBITDA levels show the company is not covering operating costs. Persistent unprofitability increases reliance on external financing or asset liquidity, raises execution risk, and limits the ability to invest in growth or competitive initiatives over the medium term.
High Leverage And Weak Balance SheetA debt-to-equity ratio of 1.48 alongside only ~21% equity backing signals significant leverage. Coupled with negative operating and free cash flows, this raises refinancing and interest-coverage risk, reduces strategic flexibility, and may force deleveraging that impedes necessary investments for recovery.