Declining Revenue TrendOngoing top-line erosion undermines scale benefits and pressures gross dollar margins over time. If revenues continue to contract, fixed costs and capacity utilization will worsen profitability, limiting ability to invest in product development or expand export channels.
Negative Operating Cash FlowPersistent negative operating cash flow indicates the core business is not generating sufficient cash to fund working capital or capex. This weak cash generation constrains strategic flexibility, increases reliance on external financing and raises execution risk during downturns.
Persistent Net Losses And Negative ROERepeated net losses and a negative ROE reflect failure to convert operating strength into shareholder returns. Over the medium term this erodes retained capital, may limit access to shareholder funding, and signals structural profitability issues that must be resolved for sustainable value creation.