TISI Team, Inc.

Risks

• The economic environment may affect our customers’ demand for our services.
• Our revenues are heavily dependent on certain industries.
• We sell our services in highly competitive markets, which places pressure on our profit margins and limits our ability to maintain or increase the market share of our services.
• we are not able to implement commercially competitive services in a timely manner in response to changes in the market, customer requirements, competitive pressures and technology trends, our business and results of operations could be materially and adversely affected.
• No assurances can be made that we will be successful in maintaining or renewing our contracts with our customers.
• No assurances can be made that we will be successful in hiring or retaining members of a skilled technical workforce.
• The loss or unavailability of any of our executive officers or other key personnel could have a material adverse effect on our business.
• Unsatisfactory safety performance can affect customer relationships, eliminate or reduce revenue streams from our largest customers, result in higher operating costs and negatively impact our ability to hire and retain a skilled technical workforce.
• The Company’s insurance coverage will not fully indemnify us against certain claims or losses. Further, the Company’s insurance has limits and exclusions and not all losses or claims are insured.
• are subject to risks associated with indebtedness under our banking credit facility, including the risk of failure to maintain compliance with financial covenants, the risk of being unable to make interest and principal payments when due and the risk of rising interest rates.
• No assurances can be made that we will be able to renew our Credit Facility, refinance the outstanding balance or otherwise repay our obligations in full prior to maturity on July 7, 2020.
• accounting method for our convertible debt securities may have a material effect on our reported financial results.
• Transactions relating to our convertible debt securities may dilute the ownership interest of existing stockholders, or may otherwise depress the price of our common stock.
• impairments of our goodwill, impairments of our intangible and other long-lived assets, and changes in the estimated useful lives of intangible assets could have a material adverse impact on our results of operations and financial condition.
• in operating results from expected savings in operating costs from workforce reductions and other cost saving and business improvement initiatives may not be realized in the estimated amounts, may take longer to be realized, or could be realized only for a limited period.
• Fluctuations in our effective tax rate and our tax obligations could adversely affect our financial results.
• The Company’s operations and information systems, including its employee, customer and financial records, are subject to cybersecurity risks
• We are involved and are likely to continue to be involved in legal proceedings, which will increase our costs and, if adversely determined, could have a material effect on our results of operations, financial position or cash flows.
• Economic, political and other risks associated with international operations could adversely affect our business.
• Business acquisitions entail risk for investors
• The price of our outstanding securities may be volatile.
• Our business may be adversely impacted by work stoppages, staffing shortages and other labor matters.
• operations and properties are subject to extensive environmental, health and safety regulations.
• Climate change legislation or regulations restricting emissions of “greenhouse gases” could result in reduced demand for our services and products.
• Interruptions in the proper functioning of our information systems could disrupt operations and cause increases in costs and/or decreases in revenues.