Broadridge Financial Solutions (BR) risk factors, FY2025 10-K

Other

1. 01If any of the following risks and uncertainties develop into actual events, they could have a material adverse effect on our business, financial condition, or results of operations
2. 02Our clients are subject to complex laws and regulations, and new laws or regulations and/or changes to existing laws or regulations could impact our clients and, in turn, adversely impact our business or may reduce our profitability
3. 03Consolidation in the financial services industry could adversely affect our revenues by eliminating some of our existing and potential clients and could make us increasingly dependent on a more limited number of clients
4. 04A large percentage of our revenues are derived from a small number of clients in the financial services industry and the loss of any of such clients, a reduction of their demand for our services, or change in the method of delivery of our services could have a material impact on our financial results
5. 05Security breaches or cybersecurity incidents could adversely affect our financial results and ability to operate, could result in personal, confidential or proprietary information being misappropriated, and may cause us to be held liable or suffer harm to our reputation
6. 06Our revenues may decrease due to declines in the levels of participation and activity in the securities markets
7. 07We may be adversely impacted by a failure of third-party service providers to perform their functions
8. 08In the event of a disaster, our disaster recovery and business continuity plans may fail, which could result in the loss of client data and adversely interrupt operations
9. 09Any slowdown or failure of our computer or communications systems could impact our ability to provide services to our clients and support our internal operations and could subject us to liability for losses suffered by our clients or their customers
10. 10The inability to properly perform our services or operational errors in the performance of our services could lead to liability for claims, client loss and result in reputational damage
11. 11Our use and incorporation of a broad range of artificial intelligence technologies in our products, services, and operations present risks, uncertainties, and challenges that could adversely affect our business, financial condition, and results of operations
12. 12If we are unable to respond to the demands of our existing and new clients, or adapt to technological changes or advances, our business and future growth could be impacted
13. 13If the operational systems and infrastructure that we depend on fail to keep pace with our growth, we may experience operating inefficiencies, client dissatisfaction and lost revenue opportunities
14. 14Intense competition could negatively affect our ability to maintain or increase our business, financial condition, and results of operations
15. 15We may be unable to attract and retain key personnel
16. 16The inability to identify, obtain, retain, enforce and protect important intellectual property rights could harm our business
17. 17Acquisitions and integrating such acquisitions create certain risks and may affect operating results
18. 18Our existing and future debt levels, and compliance with our debt service obligations, could have a negative impact on our financing options and liquidity position, which could adversely affect our business
19. 19We may incur non-cash impairment charges in the future associated with our portfolio of intangible assets, including goodwill
20. 20Certain of our services may be exposed to risk from our counterparties and third parties