The company is experiencing challenges with supplier deliveries, extended lead times, and increased costs in freight, jet fuel, maritime insurance, purchased materials, and manufacturing labor. These issues may result in reduced sales and shipping volumes, adversely affecting the company's operations and financial condition. To address capital requirements, develop new services and technologies, and cover operating expenses, the company may need to raise additional funds, which could lead to dilution of existing shares or increased indebtedness.
Freightos Ltd's Comment on Supply Chain
The company is experiencing challenges with supplier deliveries, extended lead times, and increased costs in freight, jet fuel, maritime insurance, purchased materials, and manufacturing labor. These issues may result in reduced sales and shipping volumes, adversely affecting the company's operations and financial condition. To address capital requirements, develop new services and technologies, and cover operating expenses, the company may need to raise additional funds, which could lead to dilution of existing shares or increased indebtedness.
Sources:
Freightos Ltd's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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