Genetec (4492) · RiskRestated
Dependence on the Mastercam Distributor Agreement
First written in FY2020. 2 of 3 entries say "Restated". Latest entry: FY2023.
3entries
4years
0from disclosures
How it moved
Same theme, other companies
Risk to the continuity of key telecommunications and sales agency agreementsA theme 38 companies write about · 36 as a headwind · 1 as a tailwind
The whole theme swung hardest in 2022: 2 of 18 companies on the "Worse" side.
24 other companies' latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 38 companies compared. The sentences above are computed from all 38.Full recordFilings, disclosures and news, newest first
- FY2023RestatedAnnual report
「Mastercam Business Partner Agreement "Software Reseller" CNC Software, LLC Reseller agreement for the 3D CAD/CAM software "Mastercam" 1 January 2023–31 December 2023 (renewed annually)」
The Mastercam reseller agreement was continued through a 1-year renewal in 2023. The risk remains that termination of the agreement would prevent the company from handling the products. - FY2022RestatedAnnual report
「Mastercam Business Partner Agreement "Software Reseller"…Contract term: 1 January 2022–31 December 2022 (renewed annually)」
The Mastercam reseller agreement has been continued through a 1-year renewal. The risk remains that termination of the agreement would prevent the company from handling the products. - FY2020First statedAnnual report
「The agreement is renewed annually, but may be terminated by giving prior notice even during the contract term. It may also be terminated immediately in the event of a material breach of contract or similar circumstances.」
The company indicates that if the agreement cannot be continued, it will no longer be able to handle Mastercam products and services, which could result in lower revenue.