/
Services-computer processing & data preparation company · DE · FY ends Dec · Revenue $129M · -6.87% margin
The business is unprofitable at the operating level (-6.87% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 9.6% YoY. The question is whether this is cyclical or a structural shift.
ROIC dropped from -40.51% to -50.94%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
$129M
▼ -9.6% YoY
Net Income (TTM)
-$20M
▲ +53.6% YoY
Op. Margin
-6.87%
▲ +12.2pp YoY
ROIC
-50.94%
▼ -10.4pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
-$7M
▲ +76.1% YoY
Net Debt
$45M
Cash & Equiv.
$5M
3Y CAGR: -11.7%
Continue Research