Company: RMSGW
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001641172-25-021609
Chunk: 15

Company: Real Messenger Corp
Filing Date: 2025-07-31
Form: 20-F
Item: Item 3
Chunk 15
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 Other companies such as large real estate brokerages, Zillow, Facebook,
Alphabet (Google), Microsoft and Twitter are developing or could develop competing solutions. Further, some of these companies are partnering
with third parties to offer products and services that could compete with ours. Our competitors may announce new products, services or
enhancements that better address changing industry standards or the needs of users, such as mobile access. Any such increased
competition could cause pricing pressure, loss of market share or decreased user engagement, any of which could adversely affect our
business and operating results. Internet search engines could also change their methodologies in ways that adversely affect our ability
to optimize our page rankings within their search results.

If
we fail to effectively manage our growth, our business and operating results could be harmed.

We
expect growth in our headcount and operations, which will place significant demands on our management and our operational and financial
infrastructure. As of March 31, 2025, approximately 17% of our employees had been with us for less than one year and approximately 38%
for less than two years. As we continue to grow, we must effectively integrate, develop and motivate new employees in various
countries around the world, and we must maintain the beneficial aspects of our corporate culture. In particular, we intend to continue
to make investments in our research and development, sales, and our international operations. To attract top talent, we have had to offer,
and believe we will need to continue to offer, highly competitive compensation packages before we can validate the productivity of those
employees. The risks of over-hiring or over-compensating and the challenges of integrating a growing employee base into our corporate
culture are exacerbated by our international expansion. Additionally, we may not be able to hire new employees quickly enough to meet
our needs. If we fail to effectively manage our hiring needs and successfully integrate our new hires, our efficiency and ability to
meet our forecasts and our employee morale, productivity and retention could suffer, and our business and operating results could be
adversely affected.

Additionally,
if we do not effectively manage the growth of our business and operations, the quality of our solutions could suffer, which could negatively
affect our brand, operating results and overall business. Further, we have made changes in the past, and will in the future make changes,
to our features, products and services that our users may not like, find useful or agree with. We may also decide to discontinue
certain features, products