Balance Sheet WeaknessNegative equity and extreme leverage signal structural solvency risk. Excessive debt restricts capital-raising options, increases financing costs, and can force dilution or asset sales, limiting the company's ability to invest in growth or withstand prolonged industry headwinds.
Weak Cash GenerationA 72.4% decline in free cash flow and negative operating cash conversion indicate poor cash generation. This increases reliance on external financing, reduces capacity to fund R&D and capital needs internally, and elevates liquidity risk during industry downturns or growth investments.
Profitability ShortfallsNegative EBIT and a -12.5% net margin show persistent unprofitability despite revenue growth. Without structural cost reduction or a shift to higher-margin products, ongoing losses will erode equity, hamper reinvestment, and challenge long-term viability even if revenue momentum continues.