Positive Free Cash Flow ReboundA return to positive operating and free cash flow in 2025 materially improves near-term liquidity and reduces reliance on external financing. This enhances the company’s ability to fund operations, modest reinvestment, and short-term obligations—critical for stability over the next several months.
Modest And Declining DebtLower absolute debt and a declining debt trend reduce interest burden and financial strain, improving solvency headroom. For a small, loss-making specialist, modest leverage preserves flexibility to pursue restructuring or targeted investments without immediate refinancing pressure.
Specialized High-performance Battery NicheA specialized product focus on high-performance and industrial applications creates technical barriers and differentiated value, supporting durable customer relationships and potential pricing power. Structural electrification trends sustain underlying demand for niche, high-output battery systems.