One paragraph is repeated:

The stock is currently trading between CHF 10.00 and CHF 11.00, giving it a market capitalization of roughly CHF 100 million. On the surface, it looks cheap: a price-to-sales ratio of around 0.35 and at times trading close to book value. But caution is warranted: both the P/S multiple and the free cash flow yield are based on the FY 2024/25 peak year, while the company is currently reporting losses. Trading below book value is less reassuring when book value is actively eroding.