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• We have a limited operating history, which makes it difficult to forecast our revenue and evaluate our business and future prospects. • We have a history of
by jscheel 7y ago
• We have a limited operating history, which makes it difficult to forecast our revenue and evaluate our business and future prospects.
• We have a history of net losses, we anticipate increasing operating expenses in the future, and we may not be able to achieve and, if achieved, maintain profitability.
• We have experienced rapid growth in recent periods and our recent growth rates may not be indicative of our future growth.
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Feel like this is essentially copypasta for tech IPOs now. Still, congrats to them, their revenue growth is pretty dang impressive.
- chimeracoder 7y ago> Feel like this is essentially copypasta for tech IPOs now. It literally is; the SEC requires companies to state that unless they have an established track record of profitability (which most tech IPOs do not).