Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Exposure to credit losses from extending credit to many customers could have a material adverse effect.
  • Changes in energy and commodity prices, particularly petroleum, may adversely affect business operations.
  • Increased cybersecurity attacks, including sophisticated threats, pose a growing risk to operations.
  • Unionized workforce may lead to labor disruptions, affecting business operations and profitability.
  • Acquisition of Flyers Energy Group, LLC significantly increased the scale and geographic footprint.
  • Seasonal variability impacts financial results, with stronger quarters historically in the second and third.
  • Failure to comply with financial covenants could limit business operations and affect financial results.

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=789460&owner=exclude

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