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Services-automotive repair, services & parking company · E9 · FY ends Dec · Revenue $442M · -13.21% margin · $11M FCF
The business is unprofitable at the operating level (-13.21% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 21.5%, still solid. Margins contracted 9.0pp, which offsets some of the top-line progress.
ROIC dropped from -11.58% to -46.95%, capital efficiency is deteriorating. Operating margin contracted 9.0pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
$442M
▲ +21.5% YoY
Net Income (TTM)
-$69M
▼ -155.1% YoY
Op. Margin
-13.21%
▼ -9.0pp YoY
ROIC
-46.95%
▼ -35.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$11M
▲ +134.5% YoY
Op. Cash Flow (TTM)
$12M
▲ +142.8% YoY
Net Debt
$36M
Cash & Equiv.
$48M
3Y CAGR: +21.0%
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