High ProfitabilitySustained very high margins indicate durable software economics and pricing power. Such profitability supports reinvestment, high return on capital and resilience to cyclical headwinds, enabling consistent cash generation and strategic optionality over the medium term.
Debt-Free Balance SheetElimination of leverage materially reduces financial risk and interest expense sensitivity, improving flexibility to fund R&D, M&A, or shareholder returns. A debt-free position strengthens resilience through downturns and preserves strategic choices over the coming years.
Strong Cash ConversionRobust cash conversion shows reported earnings are largely backed by real cash, supporting sustainable funding for operations and strategic investments. Persistent positive FCF enhances ability to invest in growth, build reserves, or return capital, bolstering long-term financial health.