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Changed Risks for CARDTRONICS PLC (CATM)

Here are risks that changed year over year. risks from the recent filings of CARDTRONICS PLC. Our algorithms work hard to highlight risks unique to this company.
The election by our merchant customers not to participate in our surcharge-free network offerings could impact the effectiveness of our offerings, which would negatively impact our financial results
Computer viruses or unauthorized software (malware) could harm our business by disrupting or disabling our systems, including transaction processing services, causing noncompliance with network rules, damaging our relationships with our merchant and financial institution customers, and damaging our reputation causing a decrease in transactions by individual cardholders
The broad introduction of free-to-use ATMs in Australia has and will continue to adversely impact our revenues and
Item 8 Financial Statements and Supplementary Data, Note 1 Basis of Presentation and Summary of Significant Accounting – (l) Intangible Assets Other Than Goodwill and (m) Goodwill
If we are unable to adequately protect our intellectual property, we may lose a valuable competitive advantage or be forced to incur costly litigation to protect our rights Additionally, if we face claims of infringement of third-party intellectual property, we may be forced to incur costly litigation
Changes in tax laws, regulations and interpretations or challenges to our tax positions could adversely affect our business
We are subject to laws and regulations across many jurisdictions, changes which could restrict our business, increase our costs and individually or in the aggregate adversely affect our business
We derive a significant portion of our revenues and profits from bank-branding relationships with financial institutions and surcharge-free revenue from our Allpoint network A decline in these revenues as a result of changes in financial institution and card provider demand for these services may have a significant negative impact to our results
We operate in many sovereign jurisdictions across the globe and expect to continue to grow our business in new regions Operating in different countries involves special risks which could result in a reduction of our gross and net profits
We may be unable to effectively integrate our acquisitions, which could increase our cost of operations, reduce our profitability, or reduce our shareholder value
Noncompliance with established EFT network rules and regulations could expose us to fines, penalties or other liabilities and could negatively impact our results of operations Additionally, new EFT network rules and regulations could require us to expend significant amounts of capital to remain in compliance with such rules and regulations
The proliferation of payment options and increasingly frictionless methods of payment other than cash, including credit cards, debit cards, stored-value debit cards, contactless, and mobile payments options could result in a reduced need for cash in the marketplace and a resulting decline in the usage of our ATMs
We depend on ATM and financial services transaction fees for substantially all of our revenues, and our revenues would, and profits could, be reduced by a decline in the usage of our ATMs or a decline in the number of ATMs that we operate, whether as a result of changes in consumer spending preferences, global economic conditions or otherwise
The accounting method for convertible debt securities that may be settled in cash could have a material affect on our reported financial results
Our US shareholders could suffer tax consequences if we are treated as a “controlled foreign corporation” for US federal income tax purposes
Operational failures could harm our business and our relationships with our merchant and financial institution customers
We operate in several jurisdictions and we could be adversely affected by violations of the US Foreign Corrupt Practices Act, the UK Bribery Act and other similar anti-corruption laws
The fundamental change and make-whole fundamental change provisions associated with our $2875 million of 100% Convertible Senior Notes due December 2020 (“Convertible Notes”) may delay or prevent an otherwise beneficial takeover attempt of us
could harm our business by compromising Company, merchant or vendor data or cardholder information and disrupting our transaction processing services, thus damaging our relationships with our merchant customers, business partners, and generally exposing us to liability
The broad introduction of free-to-use ATMs in Australia has and may continue to adversely impact our revenues and profits
We rely on third-party EFT network providers, transaction processors, bank sponsors, armored courier providers, and maintenance providers to provide services to our ATMs If some of these providers that service a significant number of our ATMs fail or otherwise cease, consolidate, or no longer agree to provide their services, we could suffer a temporary loss of transaction revenues, incur significant costs or suffer the permanent loss of any contract with a merchant or financial institution affected by such disruption in service

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