Profitability TurnaroundSustained shift to group adjusted EBITDA profitability reflects structural margin and cost improvements across regions. Positive EBITDA reduces cash burn and funds reinvestment in marketplace and platform services, increasing resilience and the ability to pursue medium‑term targets without constant external financing.
Inventory & Assortment ResetA large inventory and SKU rationalization materially lowers markdown risk and working capital needs, improving gross margin quality and cash conversion. This structural reset supports healthier retail economics long term and makes future growth more profitable if inventory is rebuilt efficiently.
Improved Balance Sheet LiquidityReduced leverage and stronger year‑end pro‑forma cash provide durable financial flexibility, lowering refinancing risk and interest burden. That balance sheet stability supports execution of platform investments and inventory rebuilds while absorbing cyclical shocks without immediate need for equity or major financing.