Motor vehicle parts & accessories company · FY ends Dec · Revenue $64M · -465.00% margin · -$198M FCF
The business is unprofitable at the operating level (-465.00% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 15.3% YoY. The question is whether this is cyclical or a structural shift.
Negative free cash flow of -$198M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$64M
▼ -15.3% YoY
Net Income (TTM)
-$366M
▼ -34.1% YoY
Op. Margin
-465.00%
▲ +112.0pp YoY
ROIC
—
Cash Flow & Balance Sheet
FCF (TTM)
-$198M
▲ +29.5% YoY
Op. Cash Flow (TTM)
-$196M
▲ +29.0% YoY
Net Debt
$94M
Cash & Equiv.
$23M
5Y CAGR: +35.5%
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