Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Added risk associated with accounts receivable securitization facility and foreign currency exchange rate fluctuations.
  • Increased risk due to the potential impact of security incidents and breaches on operations and financial condition.
  • New strategy focusing on cloud-centric solutions may not guarantee consistent profitability.
  • Increased risk due to substantial customer concentration, with the top five customers accounting for over 90% of net revenues.
  • Increased emphasis on potential adverse effects of consolidation in telecommunications and media industries.
  • Added risks related to the evolving SaaS pricing model and failure to adapt to rapid technological changes.
  • Mention of potential adverse effects of geopolitical tensions and conflicts on business operations.

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=1131554&owner=exclude

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