Return To Positive Cash FlowFY2025’s shift to sustained positive operating and free cash flow indicates the company can internally fund operations and reinvest in R&D and commercialization without near‑term capital raises. Predictable cash generation materially lowers funding risk and supports long‑term program continuity.
Very Low Leverage Balance SheetExtremely low leverage provides durable financial flexibility, reducing insolvency risk and enabling the firm to support lengthy clinical programs or frontload commercial investments. A conservative balance sheet is a lasting buffer through biotech funding cycles and operational setbacks.
Revenue And Margin ExpansionThe sharp FY2025 revenue increase alongside ~23% EBIT and ~20% net margins demonstrates the business can scale revenue with healthy unit economics. If persistent, this improved margin profile enhances capital efficiency, supports R&D funding, and signals a more sustainable commercial model.