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Services-prepackaged software company · D8 · FY ends Dec · Revenue $808K · -470.87% margin · -$4M FCF
The business is unprofitable at the operating level (-470.87% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 56.8% YoY. Margins deteriorated 307.1pp alongside, both lines moving the wrong way.
Free cash flow declined 615% versus the prior year, cash generation momentum has weakened. ROIC dropped from -2.29% to -7.80%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
$808K
▼ -56.8% YoY
Net Income (TTM)
-$56M
▲ +38.5% YoY
Op. Margin
-470.87%
▼ -307.1pp YoY
ROIC
-7.80%
▼ -5.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$4M
▼ -614.6% YoY
Op. Cash Flow (TTM)
-$4M
▼ -611.0% YoY
Net Debt
-$5M
Net Cash Position
Cash & Equiv.
$8M
5Y CAGR: +1.7%
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