/
Services-prepackaged software company · E9 · FY ends Dec · Revenue $9M · -647.90% margin
The business is unprofitable at the operating level (-647.90% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 505.5%, still solid. Margins contracted 527.3pp, which offsets some of the top-line progress.
ROIC dropped from -2.23% to -109.13%, capital efficiency is deteriorating. Operating margin contracted 527.3pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
$9M
▲ +505.5% YoY
Net Income (TTM)
-$57M
▼ -2623.3% YoY
Op. Margin
-647.90%
▼ -527.3pp YoY
ROIC
-109.13%
▼ -106.9pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
-$522K
▼ -116.0% YoY
Net Debt
-$5M
Net Cash Position
Cash & Equiv.
$5M
5Y CAGR: -9.7%
Continue Research