Sprockets Risk Report

👥 Labor & Workforce

The company has recently encountered several labor-related challenges, notably with layoffs being a critical point of concern. These developments could indicate underlying financial or operational issues affecting employee stability.

• Silver Sprocket announced layoffs 🗓 on March 17, 2025.
• More information on layoffs affecting Silver Sprocket came to light 🗓 on March 17, 2025.
• Sprocket faced employee-related challenges, as highlighted in industry conversations and reports in February 2025.

These events suggest potential instability within the workforce, posing moderate risks to the company's operational effectiveness.

📜 Innovation & R&D

Innovation remains a vital focus for the company, with notable advancements and collaborations indicating growth and adaptability. Continued support and investment in R&D could provide significant strategic advantages.

• The company engaged in an innovative collaboration with Kempower and Sprocket Power to deploy EV charging infrastructure microgrids 🗓 on January 31, 2025.
• On January 24, 2025, Kempower and Sprocket Power signed a collaboration agreement in the US, showcasing initiatives in R&D.

This emphasis on R&D underscores the company's commitment to innovation, setting the stage for future opportunities in emerging markets.

🏅 Awards & Recognition

Though less frequent, instances of recognition and accolades for employees or the company can enhance reputation and morale.

• Tannor Johnson-Go of Boston Sprocket was named 2024 Club Mixed Division Player of the Year 🗓 on November 12, 2024.
• Employment recognition, such as player awards in the sports division, was noted as a morale-boosting event.

Such moments of acknowledgment, albeit infrequent, contribute positively to the company's image and employee engagement.