Negative EquityNegative shareholders' equity signals accumulated losses have eroded capital, reducing credibility with lenders and investors. This structural impairment can limit access to financing, increase refinancing risk, and force dilutive raises or restructuring over the medium term.
Cash Flow CollapseA ~98.5% drop in free cash flow shows the business struggles to convert earnings to cash. This undermines the firm’s ability to fund operations, invest, or service obligations without external capital, making recovery reliant on operational fixes or financing.
Negative ProfitabilityDeep negative net and operating margins indicate structural cost or pricing issues. Even with revenue growth, persistent negative EBIT/EBITDA means the company cannot generate sustainable profits without significant cost reduction, pricing changes, or product mix improvement.