Persistent Losses And Negative ProfitabilityOngoing negative net income and deeply negative margins indicate chronic profitability issues. Over months these losses erode equity, constrain reinvestment in the business, and require either material margin improvement or sustained external funding to avoid solvency pressure.
Negative Operating Cash Flow; Financing RelianceRecurrent negative operating cash flow forces dependence on financing to maintain liquidity. This structural cash-flow deficit increases vulnerability to tighter credit conditions and raises the risk that growth or recovery plans falter if external funding becomes harder or more expensive.
Extremely Limited Operating ScaleA two-person headcount signals minimal operational capacity for an asset-management business. Limited staffing constrains scaling, product development, regulatory compliance and risk oversight, increasing execution risk and dependence on third parties or management continuity.