Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Increased operational costs and complexities related to compliance mechanisms may result in significant cost increases.
  • Increased reliance on artificial intelligence in products and operations, including AI-driven changes and technologies.
  • Potential additional costs may be incurred due to changes in transfer mechanisms, impacting GDPR compliance.
  • Google's policy change to allow alternative billing methods, potentially subjecting the company to higher fees.
  • Regulatory changes, such as the EU Digital Services Act, could lead to increased complexity and costs.
  • Potential impact of new laws and regulations on data protection and privacy, especially in various U.S. states.
  • New reporting requirements, like the Climate Corporate Data Accountability Act, may necessitate additional disclosures.
  • Risks associated with intellectual property, including challenges in obtaining and maintaining trademarks and open-source technology misuse.
  • Fluctuations in foreign exchange rates, such as the GBP and Euro, could impact international revenue translation.
  • Concerns over cybersecurity, data breaches, and improper access to sensitive information, leading to potential liability.
  • Increased attention to ESG standards may lead to higher costs and resource allocation for compliance.
  • Risks related to regulatory changes impacting the company's operations, compliance costs, and user engagement.
  • Potential impairment charges related to the Badoo brand could impact financial results.
  • Challenges in attracting and retaining qualified personnel, potentially leading to increased labor costs and operational disruptions.

Full Text Changes in Most Recent 10-K

Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.

To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1830043&owner=exclude

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