/
Services-business services, nec company · FL · FY ends Dec · Revenue $4M · -134.15% margin · -$14M FCF
The business is unprofitable at the operating level (-887.96% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 81.1% YoY with margins expanding 667.3pp.
ROIC dropped from -86.21% to -90.83%, capital efficiency is deteriorating. Negative free cash flow of -$32M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$4M
▲ +81.1% YoY
Net Income (TTM)
-$1M
▲ +86.0% YoY
Op. Margin
-134.15%
▲ +667.3pp YoY
ROIC
-10.14%
▼ -4.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$14M
▼ -55.2% YoY
Op. Cash Flow (TTM)
-$14M
▼ -55.5% YoY
Net Debt
-$1M
Net Cash Position
Cash & Equiv.
$1M
5Y CAGR: +59.7%
Continue Research