High Profitability / MarginsSustained, best-in-class margins indicate strong pricing power and low incremental costs typical of packaged enterprise software. High operating and net margins provide durable cash to fund R&D, customer support, and shareholder returns, insulating profitability across cycles.
Zero Net Debt / Conservative Balance SheetA zero-debt balance sheet delivers long-term financial flexibility, lowering default and refinancing risk and enabling opportunistic M&A, hiring, or investment during downturns. This conservatism supports steady operations and strategic optionality over multiple quarters.
Strong Cash GenerationHigh-quality cash conversion (FCF ≈ net income) underpins sustainable capital allocation for product development, maintenance, and shareholder returns. Reliable operating cash flow strengthens balance-sheet resilience and funds long-term investments without relying on external financing.