/
Sugar & confectionery products company · DE · FY ends Feb · Revenue $27M · -13.05% margin · -$2M FCF
The business is unprofitable at the operating level (-13.05% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 7.0% YoY. The question is whether this is cyclical or a structural shift.
Negative free cash flow of -$2M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$27M
▼ -7.0% YoY
Net Income (TTM)
-$5M
▲ +25.5% YoY
Op. Margin
-13.05%
▲ +7.0pp YoY
ROIC
-20.74%
▲ +14.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$2M
▲ +77.0% YoY
Op. Cash Flow (TTM)
-$2M
▲ +72.6% YoY
Net Debt
$7M
Cash & Equiv.
$1M
5Y CAGR: +3.2%
Continue Research