/
Retail-retail stores, nec company · E9 · FY ends Dec · Revenue -$38M · 54.44% margin · -$18M FCF
54.44% operating margin is above average. ROIC at -10.74%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue declined 190.0% YoY. The question is whether this is cyclical or a structural shift.
ROIC dropped from -8.64% to -10.74%, capital efficiency is deteriorating. Negative free cash flow of -$18M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
-$38M
▼ -190.0% YoY
Net Income (TTM)
-$19M
▼ -13.0% YoY
Op. Margin
54.44%
▲ +99.1pp YoY
ROIC
-10.74%
▼ -2.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$18M
▲ +6.9% YoY
Op. Cash Flow (TTM)
-$8M
▲ +52.2% YoY
Net Debt
-$19M
Net Cash Position
Cash & Equiv.
$28M
Continue Research