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Services-business services, nec company · FY ends Apr · Revenue $355K · -317.55% margin · -$775K FCF
The business is unprofitable at the operating level (-520.11% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 22.7%, still solid. Margins contracted 69.9pp, which offsets some of the top-line progress.
Negative free cash flow of -$1M. The business is consuming cash, not generating it. Operating margin contracted 69.9pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
$355K
▲ +22.7% YoY
Net Income (TTM)
-$2M
▼ -248.2% YoY
Op. Margin
-317.55%
▼ -69.9pp YoY
ROIC
-8.11%
▲ +9.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$775K
▼ -1.3% YoY
Op. Cash Flow (TTM)
-$775K
▼ -1.3% YoY
Net Debt
$10M
Cash & Equiv.
$70K
5Y CAGR: -6.0%
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