Negative Operating And Free Cash FlowPersistent negative operating and free cash flow erodes liquidity and constrains the company's ability to fund exploration, development, or debt service from operations. Over several months this increases reliance on external financing and execution risk.
Sustained Unprofitability And Weak MarginsNegative EBIT and net margins indicate the business is not currently converting revenue into profit. Unless margins improve, the firm will struggle to generate retained earnings to fund growth, limiting long-term reinvestment and shareholder returns.
Negative Return On EquityA negative ROE signals shareholder capital is being consumed rather than grown, reflecting weak operational returns. Over a multi-month horizon this can deter long-term investment, raise the cost of capital and pressure strategic options.