eToro SPAC Presentation Deck
50
бетого
Risk factors (1/12)
Certain factors may have a material adverse effect on our business, financial condition and results
of operations. The risks and uncertainties described below are not the only ones we face. Additional risks and uncertainties that we are unaware of, or that we currently
believe are not material, may also become important factors that adversely affect our business. If any of these risks actually occurs, our business, financial condition, results of
operations and future prospects could be materially and adversely affected. In that event, the trading price of our common shares following the business combination could
decline, and you could lose part or all of your investment.
Risks Related to the Operation of Our Business
1. Our operating results have significantly fluctuated and will significantly fluctuate due to market volatility, our number of funded customers and the level of activity of such
customers. Our business is highly dependent on the conditions of the various markets with respect to which we offer our services (such as securities markets, digital asset
markets, currency markets and commodities markets) and the scope of trading activity in such markets. Changes in such markets and in the scope of trading activity in such
markets, including customer sensitivity to adverse market conditions, could have a significant impact on our business and could result in lower revenues.
2. Our business and operations have experienced significant growth, and if we do not effectively manage our growth, or are unable to improve our systems and processes,
our operating results will be negatively affected. For example, due to increased trading activity, particularly in recent quarters, we experienced increased operational and
reputational risk with respect to our systems, people and processes. We prioritized several projects to strengthen our technological and operational control environment.
However, if we are unable to sufficiently enhance our human resources, technological and operational systems to meet the increased growth of our business and trading
activity, our reputation, business and results of operations may be materially and adversely affected.
3. Cyberattacks and security breaches of our platform, or those impacting our customers or third parties, could adversely impact our brand and reputation and our business,
operating results, and financial condition or result in theft of digital assets.
4. Our historical growth rates may not be indicative of our future growth. In particular, we experienced significant growth during the 2020 financial year and the early part of
the 2021 financial year, and during the COVID-19 virus outbreak generally, and our financial results may not be indicative of results for future periods. The future development
and growth of consumer trading, including trading digital assets, is subject to a variety of factors that are difficult to predict and evaluate. If consumer trading does not grow as
we expect, our business, operating results, and financial condition could be adversely affected.
5. If we cannot keep pace with rapid industry changes to provide new and innovative products and services, or to expand our geographic footprint, the use of our products
and services, and consequently our revenue, could decline, which could adversely impact our business, operating results, and financial condition. For example, if we are
unable to retain existing customers or attract new customers, or increase current customers' trading activity and/or their share of wallet with us, or if we fail to offer services to
address the needs of our customers as they evolve, or fail to provide the expected levels of customer service, our business and results of operations may be materially and
adversely affected.View entire presentation