Cra International (CRAI) risk factors, FY2025 10-K

Risks Related to Our People

1. 01We depend upon key employees to generate revenue
2. 02Our business could suffer if we are unable to hire and retain additional qualified consultants as employees
3. 03Maintaining our professional reputation is crucial to our future success
4. 04We depend on our non-employee experts
5. 05Additional hiring and business acquisitions could disrupt our operations, increase our costs, or adversely affect our results

Risks Related to Our Client Relationships

1. 06Clients can terminate engagements with us at any time
2. 07Potential conflicts of interests may preclude us from accepting some engagements
3. 08We derive revenue from a limited number of large engagements
4. 09Our clients may be unable or unwilling to pay us for our services

Risks Related to Our Operations

1. 10Our revenues, operating results and cash flows are likely to fluctuate
2. 11Fluctuations in our quarterly revenues and results of operations could depress the market price of our common stock
3. 12Our engagements may result in professional liability and we may be subject to other litigation, claims or assessments
4. 13We may need to take material write-offs for the impairment of goodwill, including if our market capitalization declines
5. 14Our performance could be affected if employees and non-employee experts default on loans
6. 15Fluctuations in the types of service contracts we enter into may adversely impact revenue and results of operations
7. 16We could incur substantial costs protecting our proprietary rights from infringement or defending against a claim of infringement

Risks Related to Our Competition

1. 17Competition from other litigation, regulatory, financial, technology and management consulting firms could hurt our business70% rewritten

Risks Related to Our International Operations

1. 18Our international operations create risks
2. 19Fluctuations in currency exchange rates could adversely affect our operations

Risks Related to Our Indebtedness

1. 20Our debt obligations may adversely impact our financial performance

Risks Related to Our Common Stock

1. 21The market price of our common stock may be volatile
2. 22There can be no assurance that we will continue to declare cash dividends at all or in any particular amounts
3. 23Our stock repurchase programs could affect the market price of our common stock and increase its volatility
4. 24Our charter and by-laws, and Massachusetts law may deter takeovers