Negative Operating Cash FlowPersistent negative operating cash flow undermines the firm's ability to self-fund working capital, capex, dividends or M&A without raising external funds. Over months this can constrain growth initiatives, increase financing cost, and pressure liquidity if not corrected.
Declining EBITDA MarginEroding operating margins point to cost pressure or reduced operating leverage, which can persist and compress free cash generation. If structural, margin decline limits capacity to reinvest in R&D, marketing or price competitiveness, weakening long-term profitability.
Falling EPSA marked drop in EPS signals profit per share deterioration, reflecting margin, cost or non-recurring pressures. Over the medium term this can reduce retained earnings, limit shareholder returns, and raise scrutiny on management execution unless operational improvements restore earnings power.