Strong Multi-year Revenue Growth And ScaleSustained revenue expansion over multiple years demonstrates durable market share gains and successful scale-up of core logistics operations. Large top-line growth supports fixed-cost absorption, investment in network density and technology, and positions the firm to capture ongoing e-commerce structural demand.
Recovering Gross MarginsA material recovery in gross margins signals durable operational improvement—better pricing, route optimization, or cost control. Sustained margin expansion at the gross level enhances the company’s ability to reinvest in infrastructure and technology, improving long-term profitability potential.
Free Cash Flow Turnaround And Strong Operating Cash ConversionReturn to positive free cash flow and an operating-cash-to-net-income ratio well above 1 indicate improving quality of earnings and durable cash generation. Stronger FCF supports capex funding, deleveraging, or strategic investments without relying heavily on external financing.