Ongoing UnprofitabilityPersistent negative net profit and EBIT margins indicate the company is not yet generating operating profits. Continued losses erode equity, limit retained-capital accumulation, and mean long-term viability depends on durable margin improvement or sustained external funding.
High LeverageA debt-to-equity ratio of 2.66 combined with negative ROE signals heavy leverage that amplifies risk. High debt levels constrain strategic flexibility, increase interest burden, and make the company more vulnerable to cash-flow shocks over the medium term.
Cash Flow Vs. LossesAlthough free cash flow improved, it remains inadequate to fully offset net losses. This structural gap means the company may need recurrent external financing or asset sales to sustain operations, creating dilution or solvency risk if trends do not continue.