Household appliances company · E9 · FY ends Dec · Revenue $346M · 5.32% margin · $16M FCF
Operating margin is thin at 5.32%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 19.2%, still solid. Margins contracted 2.1pp, which offsets some of the top-line progress.
Free cash flow declined 83% versus the prior year, cash generation momentum has weakened.
Profitability & Returns
Revenue (TTM)
$346M
▲ +19.2% YoY
Net Income (TTM)
$20M
▲ +133.2% YoY
Op. Margin
5.32%
▼ -2.1pp YoY
ROIC
7.21%
▼ -1.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$16M
▼ -82.8% YoY
Op. Cash Flow (TTM)
$22M
▼ -77.5% YoY
Net Debt
-$109M
Net Cash Position
Cash & Equiv.
$127M
5Y CAGR: -17.2%
5Y CAGR: -5.1%
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