Risk Factors Update Summary
- Increased legal and financial compliance costs to XBP Europe could potentially have a significant adverse effect on revenue growth and profit margins.
- The company seeks to refinance approximately $1.1 billion of long-term debt, with no assurance of success.
- The company's EMEA business is now operating as a separate public company, XBP Europe.
- Economic downturns like those in North America and EMEA could result in decreased demand for services.
- The outstanding shares of Common Stock increased significantly from 1,259,393,748 to 1,278,655,353.
- The company received a notice from Nasdaq regarding non-compliance with the Annual Meeting Requirement.
- Failure to attract, train, and retain skilled professionals may materially adversely affect business operations.
- The company may face delisting from Nasdaq due to non-compliance with listing standards.
- The company's goodwill balance decreased from $186 million to $170 million.
- The company's revenue dependency on customers in ITPS, HS, and LLPS changed slightly in 2023.
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=1620179&owner=exclude
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