/
Services-computer processing & data preparation company · E9 · FY ends Jun · Revenue $118M · 2.87% margin · $2M FCF
Operating margin is thin at 2.87%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 18.7% YoY. Margins deteriorated 2.9pp alongside, both lines moving the wrong way.
Free cash flow declined 50% versus the prior year, cash generation momentum has weakened. ROIC dropped from 26.65% to 9.33%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
$118M
▼ -18.7% YoY
Net Income (TTM)
$4M
▼ -52.0% YoY
Op. Margin
2.87%
▼ -2.9pp YoY
ROIC
9.33%
▼ -17.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$2M
▼ -50.0% YoY
Op. Cash Flow (TTM)
$2M
▼ -50.4% YoY
Net Debt
-$16M
Net Cash Position
Cash & Equiv.
$17M
Continue Research