Revenue Decline And Deep LossesSustained double-digit revenue decline coupled with extreme negative EBIT and net margins indicates the core business is shrinking and unprofitable. This structural deterioration erodes capital and makes operational recovery harder, requiring strategic changes to restore durable profitability.
Negative Operating Cash FlowNegative operating cash flow means core operations are not generating cash; apparent FCF gains may reflect timing or non-recurring items. Over months this constrains working capital, forces external financing or asset sales, and raises execution risk for any turnaround plans.
Negative ROE And Limited Equity BaseA -25.8% ROE shows the company is destroying shareholder value, while an equity ratio ~18% offers a limited capital buffer. These structural weaknesses impair the firm's ability to absorb shocks, attract investment, and finance growth without diluting shareholders or taking on costly capital.