Declining RevenueAn 18% revenue decline in 2024 signals demand or sales-volume weakness and raises concern about top-line sustainability. Persistent or recurrent revenue contractions reduce scale benefits, make fixed-cost coverage harder, and limit durable growth prospects over the medium term.
Weakened Cash GenerationA 36.9% drop in free cash flow and operating cash flow to net income falling to ~0.99 reduce financial flexibility. In a capital-intensive mining business, weaker FCF constrains reinvestment, debt reduction and resilience to cyclical price swings over the coming months.
Earnings Volatility And EPS PressureNegative EPS growth (~-21%) alongside declining revenue indicates profit and earnings volatility. Continued EPS pressure undermines reliable return generation, complicates capital allocation decisions, and increases execution risk for sustaining dividends or funding expansion.