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our ability to service our existing indebtedness and obtain additional capital to finance operations and our growth opportunities;
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our ability to establish and maintain intellectual property protection for our products, as well as our ability to operate our business without infringing, misappropriating or otherwise violating the intellectual property rights of others;
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the impact of material cost and other inflation;
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our ability to attract and retain senior management and other qualified personnel;
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the impact of changes in laws, regulations and administrative policy, including those that limit U.S. tax benefits, impact trade agreements and tariffs, or address the impacts of climate change;
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the outcome of litigation and governmental proceedings; and
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the impact of product manufacturing disruptions, including as a result of catastrophic and other events beyond our control, including risks associated with geopolitical conflict.
While we believe the expectations reflected in such forward-looking statements are reasonable, we can give no assurance such expectations will prove to have been correct. There are a variety of factors which could cause future outcomes to differ materially from those described or incorporated by reference in this prospectus supplement or the accompanying prospectus including, but not limited to, the following:
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Our business depends on the performance of distributors, builders, buying groups, retailers and servicers.
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The demand for our swimming pool equipment products may be adversely affected by unfavorable economic and business conditions.
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We compete in markets with high levels of competition, which may result in pressure on our profit margins and limit our ability to maintain or increase the market share of our products.
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Our future success depends on developing, manufacturing and attaining market adoption of new products.
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Past growth may not be indicative of future growth.
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Our results of operations and cash flows may fluctuate from quarter to quarter for many reasons, including seasonality and weather conditions.
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A loss of, or material cancellation, reduction or delay in purchases by, one or more of our largest customers could harm our business.
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We are exposed to credit risk on our accounts receivable and this risk is heightened during periods when economic conditions worsen.
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We are exposed to political, regulatory, economic, trade, and other risks that arise from our international business operations.
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Changes in U.S. or foreign government administrative policy, including changes to existing trade agreements, could have a material adverse effect on us.
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We may not be able to identify, finance and complete suitable acquisitions, and any completed acquisitions may be unsuccessful or consume significant resources.
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The COVID-19 pandemic and associated responses could adversely impact our business, operations, financial condition, results of operations or cash flows.
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Sales of counterfeit versions of our products, as well as unauthorized sales of our products, may adversely affect our reputation, business, financial condition, results of operations and cash flows.
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We may be negatively impacted by litigation and other claims, including intellectual property, product liability or warranty claims, and health and safety concerns, including product recalls.
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We have significant goodwill and intangible assets and future impairment of our goodwill and intangible assets could have a material adverse effect on our results of operations.