Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • The Active Customers declined in 2023 compared to 2022, impacting financial performance.
  • The number of new RV inventory supplied by Forest River, Inc. decreased from 74% to 63%.
  • The average selling price of a new vehicle unit decreased from $45,866 to $43,834 in 2023.
  • The average selling price began to decrease in 2023, impacting same store revenue.
  • The percentage of annual revenue generated in the second months decreased from 31% to 30%.
  • The percentage of annual revenue generated in the fourth months decreased from 29% to 27%.
  • The number of leases relating to the 2019 Strategic Shift decreased from 11 to eight.

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=1669779&owner=exclude

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