ARCHOS SA

Climate Impact & Sustainability Data (2022-01 to 2022-06, 2023, 2024-01 to 2024-06)

Short-term Goals:

Shifting to a business model focused on future-oriented services and innovation.
Targeting over 50% of activity in B2B support for large accounts.
Accelerating the deployment of Medical Devices Venture and its innovative startups.
Considering external growth opportunities to accelerate the Group's development program.
Reducing fixed costs.

Supply chain disruptions due to the war in Ukraine and global inflation, impacting consumer electronics sales.
Competition from major consumer electronics companies (Apple, Microsoft, Samsung, etc.) and players in mobile computing, connected objects, and electric mobility.
Dependence on Asian suppliers for production, posing risks of contract termination, quality issues, or technological adaptation challenges.
Dependence on key personnel, particularly Loïc Poirier, whose departure could significantly impact the company's development and strategy.
Liquidity risk due to limited access to bank financing, although some financing options exist.
Currency exchange risk due to significant transactions in USD and GBP, without currency hedging strategies.
Risks related to the use of third-party technologies and dependence on intellectual property held by others, leading to potential legal actions and costs.
Dilution risk due to past and potential future capital increases and convertible bonds, impacting existing shareholders.

Maintaining a strong presence in Asia to manage supplier relationships.
Leveraging experience and a wide supplier network to find alternative solutions in case of supplier failure.
Implementing a centralized payment platform to supervise disbursements.
Utilizing a reliable sales tracking information system and monitoring competition to anticipate market changes.
Having a right of draw (subject to meeting liquidity conditions) for €9.4 million under the OCABSA 2021 contract.
Seeking contractual guarantees from suppliers regarding intellectual property rights.
Developing alternative intellectual property to avoid infringement issues.
Using a mandataire ad hoc to ensure quorum at shareholder meetings.

Medium-term Goals:

Litiges et procédures judiciaires: Lawsuits with a former employee and some shareholders.
Propriété intellectuelle: Ongoing legal disputes with KONINKLIJKE PHILIPS N.V. regarding patent infringement.
Impact de la guerre en Ukraine: The war in Ukraine and its economic consequences (inflation) impacted the group's activity, particularly in the consumer electronics sector.