Conservative, Improving LeverageDebt-to-equity falling to ~0.17 in 2025 with equity growth materially improves financial resilience. Lower leverage increases flexibility for capex, working-capital cycles and adverse shocks, reducing refinancing risk and supporting durable operations and strategic choices over the next 2–6 months.
Sharp Revenue ReboundA ~2.6x revenue jump into 2025 and ~74% revenue growth indicate a meaningful demand recovery and scale effect. Sustained top-line expansion can absorb fixed costs, support margin recovery and underpin medium-term cash generation, improving durability of earnings and investment capacity.
Improved Operating And Free Cash FlowPositive operating cash flow and FCF (~28m) with FCF covering ~82% of net income show materially better earnings quality and internal funding. This improved cash conversion supports reinvestment, debt reduction or shareholder returns and strengthens medium-term financial flexibility.