Revenue Volatility And Mixed GrowthRevenue volatility and a recent negative growth metric reduce predictability of contract renewals and utilization. For network services, uneven top-line trends complicate capacity planning and can pressure margins if fixed-cost absorption weakens.
Persistent Profitability ShortfallDespite operational cash, the company reported net losses, eroding retained earnings and equity. Continued unprofitable results would limit the ability to rebuild capital buffers, impair reinvestment capacity, and prolong dependence on external financing.
High Leverage / Negative EquityNegative equity and a high debt load materially constrain financial flexibility. Over the medium term this raises refinancing and covenant risk, could increase funding costs, and may force asset sales or restructuring if operational cash cannot cover obligations.