1. The company commercial success is largely depends upon its ability to successfully anticipate market needs and utilize and manage its research and development resources to upgrade and enhance existing solutions and develop and introduce new solutions that meet the end users' needs on a timely basis. Any failure to do so, might impact its ability to compete effectively and could make the company products obsolete, thereby affecting its revenue, reputation, financial conditions, results of operations and cash flows.
2. As part of its growth strategy, the company intend to expand the company business operations to geographical areas in which its have limited operation history. The company cannot assure you that its expansion plans will be profitable or that such expansion will not adversely affect its business, results of operations and financial condition.
3. The company is depends on technology in carrying out its business activities and it forms an integral part of the company business. If its face failure of the company technology platform, the company may not be able to compete effectively which may result in lower revenue, higher costs and would affect its business and results of operations.
4. If the company solutions fail to perform properly due to defects, delays or similar problems, and if its fail to develop enhancements to resolve any defect or other problems, the company could lose customers, become subject to service performance or warranty claims or incur significant costs.
5. The company is dependent on government authorities for a substantial proportion of its business and revenue. Any decline in the budgetary allocation towards infrastructure and environmental projects and delays in payments will have a material impact on its business, financial condition, and results of operations.
6. The company is depends on a number of Key Managerial Personnel and the senior management, and the loss of, or its inability to attract or retain such persons could adversely affect the company business, results of operations and financial condition.
7. The company recent rapid growth may not be indicative of the future growth, and, if its continue to grow rapidly, the company may not be able to manage its growth effectively.
8. The industry is competitive, and the company face significant competition from both established and new companies offering environmental consultancy solutions, which may have a negative effect on its ability to add new customers, retain existing customers and grow the company business. Its inability to compete effectively will adversely affect of the business, results of operations, financial condition and cash flows.
9. Substantial portion of the company revenues are dependent on few customers other than government and semi-government and the loss of, or a significant reduction of one or more such customers could adversely affect its financial performance.
10. The Company does not have any long-term agreements with clients and is subject to uncertainties in demand for its services.