Revenue GrowthConsistent multi-year revenue growth (7,063m to 8,871m and ~12% growth) indicates durable end-market demand and successful product/market fit in specialty retail. Sustained top-line expansion supports scale economics, reinvestment capacity, and provides a foundation to sustainably improve margins and cash generation over time.
Stronger Balance Sheet / Lower LeverageMaterial reduction in leverage and an increased equity ratio strengthen solvency and reduce interest burden, improving financial flexibility. A stronger balance sheet supports resilience through cycles, allows prioritized capex or acquisitions, and lowers refinancing risk, benefiting the company’s strategic options on a durable horizon.
Stable Gross Margins & Operational EfficiencyStable gross margins (~31-32%) and consistent EBIT/EBITDA margins point to enduring cost control and effective merchandising in its specialty retail model. Reliable operating efficiency supports predictable operating cash flows, which help fund growth initiatives and absorb margin pressure over the medium term without eroding core profitability.