Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Sales growth and profitability affected by general reduction in consumer spending on powersports, boats, and aftermarket products.
  • New products expected to represent a significant component of future sales, requiring effective competition.
  • Increased defaults on loans made under financial services partnership could adversely affect liquidity.
  • Failure to compete effectively with competitors or adjust pricing could negatively impact business.
  • Product liability lawsuits could result in significant damages, reputational harm, and legal costs.
  • Significant increases in the cost of manufacturing components could impact operational costs.
  • Weather conditions may disrupt manufacturing and distribution facilities, impacting product fulfillment.

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=931015&owner=exclude

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