Strong Balance SheetVery low leverage and high equity backing provide durable financial flexibility. This capital structure supports inventory buying, boutique investment and volatility absorption without relying on external funding, enabling long-term operational stability and strategic initiatives.
Consistent Revenue GrowthRepeated top-line growth indicates steady demand and market penetration for luxury timepieces. Persistent revenue expansion supports scale benefits, healthier inventory turnover and repeat customer dynamics, underpinning sustainable earnings potential over coming quarters.
Improving Cash GenerationRising free cash flow and one-to-one cash conversion from earnings enhance internal funding for capex, dividends and inventory, reducing dependence on external capital. This strengthens resilience and funds strategic investments that sustain retail network competitiveness.