Company: RMSGW
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001641172-25-021609
Chunk: 3

Company: Real Messenger Corp
Filing Date: 2025-07-31
Form: 20-F
Item: Item 3
Chunk 3
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 model and leveraging key third-party
relationships.

Our
ability to generate revenue depends on a number of factors, including, but not limited to, our ability to:

  grow                                                                                
  hire                                                                                
  acquire                                                                             
  enforce                                                                             
  maintain                                                                            

Due
to the uncertainties and risks associated with these activities, we are unable to accurately and precisely predict the timing and
amount of revenues, or the extent of any losses. We may never generate revenue that is significant enough to achieve profitability.
If we do achieve profitability, we may not be able to sustain or increase profitability on a quarterly or annual basis and we will
continue to incur substantial research and development, advertising, and other expenditures to grow and market our solutions. Our
failure in any of the above activities could jeopardize our revenue generation, growth and profitability and could decrease the
value of our securities and impair our ability to raise capital, maintain our research and development efforts, expand our business
or continue our operations.

Our
business model is untested and may never be successful or generate sufficient growth to sustain profitability.

We
are building an innovative platform for the real estate industry, leveraging our proprietary technology and unique experiences. However,
our business model is untested, and any of the assumptions underlying our expectations may be incorrect. There can be no assurance that
our assumptions are correct or that, if correct, our strategy will succeed.

Our
business model may never be successful or generate sufficient growth to sustain profitability. Our competitors or new market entrants
may adopt similar or otherwise more favorable products and strategies, leading to significant price competition and/or reducing or eliminating
our competitive advantage, each of which could adversely affect our potential future revenues.

   6  

We
are dependent on the active involvement of our key personnel.

The
Company’s ability to effectively manage its growth relies on the performance of highly skilled personnel, including its Chief
Executive Officer and Co-Founder, Kwai Hoi, Ma (Thomas Ma), among other members of its management team and other key employees. The
loss of key personnel or an inability to attract, retain and motivate qualified personnel may impair the Company’s ability to
expand its business and achieve its financial goals. The Company’s success is substantially dependent upon the continued
service and performance of its senior management team and key personnel with digital, technical and real estate expertise. Mr. Ma
has a significant influence on and is a driver of the Company’s business plan and business, design and technology development.
If he were to discontinue his