Company: ACCS
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0000843006-25-000012
Chunk: 53

Company: ACCESS Newswire Inc.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1
Chunk 53
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 needs, the price of our services and the quality of our products and supporting services are factors in this competition.

Some of our competitors have longer operating histories, greater name recognition, more established customer bases and significantly greater financial, technical, marketing and other resources than we do. As a result, they may be able to respond more quickly and effectively than we can to new or changing market demands and requirements. We could also be negatively impacted if our competitors reduce prices, add new features, form strategic alliances with other companies, or are acquired by other companies with greater available resources.

These competitive pressures to any aspect of our business could reduce our revenue and earnings.

Our business could be harmed if we do not successfully manage the integration of any business that we have acquired or may acquire in the future. These risks include, among other things:

 ·the difficulty of integrating the operations and personnel of the acquired businesses into our ongoing operations;

 ·the potential disruption of our ongoing business and distraction of management;

 ·the potential for new cyber-security risks to existing operations that weren’t previously mitigated:

 ·the difficulty in incorporating acquired technology and rights into our products and technology;

 ·unanticipated expenses and delays relating to completing acquired development projects and technology integration;

 ·a potential increase in our indebtedness and contingent liabilities, which could restrict our ability to access additional capital when needed or to pursue other important elements of our business strategy;

 ·the management of geographically remote units;

 ·the establishment and maintenance of uniform standards, controls, procedures and policies;

 ·the impairment of relationships with employees and customers as a result of any integration of new management personnel;

 ·risks of entering markets or types of businesses in which we have either limited or no direct experience;

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 ·the potential loss of key employees and/or customers of the acquired businesses; and

 ·potential unknown liabilities, such as liability for hazardous substances, or other difficulties associated with acquired businesses.

Our revenue growth rate in past periods relating to our historical Communications revenue stream may not be indicative of its future performance.

With respect to our historical Communications revenue stream, we have experienced an annual revenue growth rate ranging from 13% to 55% between 2016 and 2023, however in 2024 it decreased 7%. Throughout these years, most of the growth has been due to the success of our ACCESSWIRE newswire brand.  In 2023 and 2022, we also had additional growth from our acquisition of Newswire.