Revenue And Profit Rebound (FY2025)A sizable revenue increase and return to ~14% net margin in FY2025 indicate the underlying business can scale to profitability. If sustained, this strengthens internal capital generation, supports reinvestment in growth initiatives, and reduces reliance on external funding over the medium term.
Low Financial LeverageZero reported debt across multiple years meaningfully lowers fixed financing obligations and interest risk. This structural flexibility gives management room to navigate earnings volatility, preserves operating cash for strategic uses, and reduces downside from credit market stress.
Positive Operating And Free Cash Flow In FY2025Transitioning from multi-year cash burn to positive operating and free cash flow demonstrates improving operational efficiency and working-capital control. Durable cash generation is key to funding capex, R&D, or hiring without dilutive capital raises if the trend persists.