Services-advertising company · DE · FY ends Dec · Revenue $242M · -6.97% margin · $15M FCF
The business is unprofitable at the operating level (-5.72% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue growth slowed to 1.0%, essentially flat. This is a business that needs a catalyst.
Free cash flow declined 95% versus the prior year, cash generation momentum has weakened.
Profitability & Returns
Revenue (TTM)
$242M
▲ +1.0% YoY
Net Income (TTM)
-$9M
▲ +52.5% YoY
Op. Margin
-6.97%
▲ +2.4pp YoY
ROIC
-3.58%
▲ +0.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$15M
▼ -94.9% YoY
Op. Cash Flow (TTM)
$21M
▼ -86.1% YoY
Net Debt
-$26M
Net Cash Position
Cash & Equiv.
$49M
5Y CAGR: +21.9%
5Y CAGR: -43.2%
Continue Research