1. Its top ten clients contribute majority of its revenues from operations. Any loss of business from one or more of them may adversely affect the company revenues and profitability.
2. The company's inability to effectively manage its rapid growth could have a material adverse effect on the company operations, results of operations and financial condition.
3. Its business is highly dependent on technology and any disruption or failure of its technology systems may affect the company operations.
4. The business of the company is exposed to operational disruptions which can disrupt the normal functioning of the company's operations. These disruptions can be caused by various factors such as system failures, cyberattacks, or internal inefficiencies.
5. Its failure to perform in accordance with the standards prescribed in its client contracts could result in loss of business or payment of liquidated damages.
6. The properties used by the Company for the purpose of its operations are not owned by it. Any termination of the relevant lease agreement or rent agreement in connection with such properties or its failure to renew the same could adversely affect the company operations.
7. Certain Computer Systems used by the Company for the purpose of its operation are not owned by it. Any termination of the relevant lease/rent agreement in connection with such properties or its failure to renew the same could adversely affect its operations.
8. If the company is unable to successfully implement its proposed expansion plans; its results of operations and financial condition could be adversely affected.
9. The Company is yet to place orders for purchase of computer Systems, Servers, Work Station, Furniture, Networking System, UPS, Air Conditioner, CCTV, Biometric, Server Room Peripherals and Carpet Tiles. Any delay in placing orders or procurement of such items may delay the schedule of implementation and possibly increase the cost of commencing operations.
10. Its may fail to attract and retain enough sufficiently trained employees to support its operations, as competition for highly skilled personnel is intense and its experience significant employee turnover rates.