Operating Cash Flow ImprovementThe rise in operating cash flow to HKD 9.13M demonstrates durable liquidity generation that supports day-to-day operations, funds necessary capex and working capital, and extends runway while the company works toward profitability. This reduces short-term refinancing pressure and underpins operational continuity.
Strong Free Cash Flow ConversionRobust free cash flow conversion, even with accounting losses, indicates effective cash management and core business cash generation. That structural cash resilience improves ability to service debt, invest selectively, and sustain operations during revenue slippage, providing financial flexibility over coming quarters.
Stable/improving EBITDA MarginA modest improvement in EBITDA margin signals underlying operational efficiency and cost control in core services. Sustained mid-teens EBITDA margins provide a platform to scale profitably if revenue stabilizes, helping bridge toward breakeven and making fixed-cost absorption more manageable long-term.