MPAA Motorcar Parts of America Dashboard

Risks

• The current pandemic from the outbreak of COVID-19 could have a material impact on our results of operations and financial condition, and the continuation of this pandemic, further outbreaks of COVID-19, or any future outbreak of other highly infectious diseases or public health emergencies could have a similar or worse impact.
• We rely on a few large customers for a majority of our business, and the loss of any of these customers, significant changes in the prices, marketing allowances or other important terms provided to any of these customers or adverse developments with respect to the financial condition of these customers could reduce our net income and operating results.
• Failure to compete effectively could reduce our market share and significantly harm our financial performance.
• If we do not respond appropriately, the evolution of the automotive industry could adversely affect our business.
• Work stoppages, production shutdowns and similar events could significantly disrupt our business.
• Unfavorable economic conditions may adversely affect our business.
• Interruptions or delays in obtaining component parts could impair our business and adversely affect our operating results.
• Increases in the market prices of key component raw materials could increase the cost of our products and negatively impact our profitability.
• Our financial results are affected by automotive parts failure rates that are outside of our control.
• An increase in the cost or a disruption in the flow of our imported products may significantly decrease our sales and profits.
• Our operating results may continue to fluctuate significantly.
• Regulations related to conflict minerals could adversely impact our business.
• Natural disasters or other disruptions in our business in California and Baja California, Mexico could increase our operating expenses or cause us to lose revenues.
• Our past material weakness, and any future failure to maintain effective internal control over financial reporting, may affect our ability to accurately report our financial results and could materially and adversely affect the market price of our common stock.
• Our offshore remanufacturing and logistic activities expose us to increased political and economic risks and place a greater burden on management to achieve quality standards.
• Unfavorable currency exchange rate fluctuations could adversely affect us.
• Changes in trade policy and other factors beyond our control could materially adversely affect our business.
• Possible new tariffs that might be imposed by the United States government could have a material adverse effect on our results of operations.
• Our debt can impact our operating results and cash flows and limit our operations.
• Our lenders may not waive future defaults under our credit agreements.
• Our stock price may be volatile and could decline substantially.
• We may continue to make strategic acquisitions of other companies or businesses and these acquisitions introduce significant risks and uncertainties, including risks related to integrating the acquired businesses and achieving benefits from the acquisitions.
• If our technology and telecommunications systems were to fail, or we were not able to successfully anticipate, invest in or adopt technological advances in our industry, it could have an adverse effect on our operations.
• Cyber-attacks or other breaches of information technology security could adversely impact our business and operations.
• Weakness in conditions in the global credit markets and macroeconomic factors could adversely affect our financial condition and results of operations.