Negative Operating Cash FlowPersistent negative operating cash flow signals the business is not yet self-sustaining and may rely on external financing to fund operations and growth. This structural cash burn increases liquidity risk and can constrain investment or force dilution if operating cash generation doesn't improve.
Ongoing LossesContinued negative EBIT and net income show the company hasn't converted revenue growth into profitability. Over a multi-month horizon, sustained unprofitability pressures margins, limits retained-earnings growth, and raises questions about the time and capital needed to reach breakeven.
High Debt LevelDespite improved debt-to-equity metrics, an elevated absolute debt load can increase interest costs and reduce financial flexibility. In the medium term this limits the company's ability to absorb shocks, fund expansion without costly financing, or prioritize strategic investments.