Negative Operating Cash FlowOperating cash conversion weakness is structurally important: persistent negative OCF can erode liquidity, force external financing, and limit capital for maintenance or growth. Even with reported profits, weak cash flow undermines sustainable dividend funding and operational flexibility.
Pressure On Operating MarginsDeclining operating margins point to rising costs or lower operating leverage in core services. If structural, margin erosion reduces free cash flow and competitiveness, requiring efficiency initiatives or pricing power improvements to restore durable profitability.
EPS ContractionNegative EPS growth signals deterioration in per-share earnings which can reflect margin pressure, non-recurring items, or dilution. Over several quarters this trend can weaken investor confidence, restrict dividend sustainability, and limit the company's ability to raise equity on favorable terms.