Perfect SPAC Presentation Deck
PERFECT
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Risks Related to Perfect's Technology, Data Privacy and Intellectual Property
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Security breaches, improper access to or disclosure of our data or user data, other hacking and phishing attacks on our systems, or other cyberattacks may make our products and solutions to be perceived as
not being secure, which could harm our reputation and adversely affect our business.
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Risk Factors (Continued)
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Confidential 42
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Our business and operating results may be harmed by any significant service disruptions. If our products and services are subject to attacks or misuse that disrupt or deny the ability of users to access our
products and services, and we fail to develop enhancements to resolve any defect or other problems or adapt our existing technology and infrastructure, our users and partners may curtail or stop using our
products and services, which could significantly harm our business.
We rely on Google Cloud, AWS and Alicloud for the vast majority of our computing, storage, bandwidth, and other services. Any service interruption of their operating systems, networks and hardware or other
disruptions of or interference with our use of the cloud operation could impair the delivery of our platform and thus negatively affect our operations and harm our business.
Risks Related to Perfect's Financial Results
We have incurred operating losses in the past, and our ability to achieve or maintain profitability in the future is uncertain.
We recognize revenue from SaaS subscriptions to our products over the terms of these subscriptions. Increases or decreases in new sales may not be immediately reflected in our results of operations and may
be difficult to discern.
We rely on third-party proprietary and open source software for our products and services. The inability to obtain third-party licenses for such software, obtain them on favorable terms, or adhere to the license
terms or any errors or failures caused by such software could harm our business.
Our business depends upon the interoperability of our platform across devices, operating systems, and third-party applications that we do not control.
We may incur substantial costs in protecting or defending our intellectual property and any failure to protect our intellectual property could impair our competitive position and the value of our brands and other
intangible assets may be diminished.
We may be subject to intellectual property infringement claims or other allegations by third parties, which may cause substantial costs and materially and adversely affect our business operations.
Our financial results are likely to fluctuate from quarter to quarter due to seasonality and a variety of other factors, which makes our period-to-period results volatile and difficult to predict.
Changes in subjective assumptions, estimates and judgments by our management related to complex accounting matters or changes in the IFRS could significantly affect our financial condition and results of
operations.
Examinations by relevant tax authorities may result in material changes in reserves for tax positions taken in previously filed tax returns or may impact the valuation of certain deferred income tax assets.
Our costs are growing rapidly and may increase faster than our revenue, which could seriously harm our business or increase our losses.View entire presentation