Since this loan was removed from the Carlyle Group and facing the increasing competition From Chinese manufacturersIROBOT did not find a profitable way and says she expects to bear losses for the “foreseeable future”. With no clear way to pay the debt, the future appears to be dark for the inventor of the robot vacuum.
There A quarterly financial report On March 12, which witnessed its revenues in the United States by 47 percent in the fourth quarter, the company published a “official strategy review to evaluate a wide range of alternatives, including, but not limited to, exploring a possible sale or strategic treatment and re -financing our debts.”
If its new product line is not successful, which the report notes is completely possible because of “consumer’s request, competition, macroeconomic conditions, and customs tariff policies”, and no other haven has been found to pay off, IROBOT says that the company may not be able to continue after 12 months.
