/
Retail-miscellaneous retail company · L3 · FY ends Dec · Revenue $17M · -46.59% margin · -$6M FCF
The business is unprofitable at the operating level (-46.59% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 23.0%, still solid.
Negative free cash flow of -$6M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$17M
▲ +23.0% YoY
Net Income (TTM)
-$4M
▲ +52.9% YoY
Op. Margin
-46.59%
▼ -1.3pp YoY
ROIC
-44.63%
▲ +12.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$6M
▼ -3.5% YoY
Op. Cash Flow (TTM)
-$6M
▼ -5.9% YoY
Net Debt
$6M
Cash & Equiv.
$2M
5Y CAGR: +49.0%
Continue Research