However, short-term debts have surpassed the company’s assets, leading to discussions with partners about additional financing. The company intends to secure a three-to-five-year facility to support its growth in the third quarter of this year. In the absence of additional funding, YAVICA‘s current credit facility and operational cash flows will maintain its ongoing activities.

The cost of acquiring new customers is something of a challenge because revenue from these customers may not materialize for several years. Nevertheless, YAVICA remains confident in its solid business foundation.

In the short term, the high cost of launching new products and expanding into new markets may be delayed. YAVICA has ambitious plans to establish its presence in German- and French-speaking countries, but these efforts may be postponed by approximately a year due to overwhelming interest in the UK and Scandinavia.

YAVICA acknowledges that it is crucial to strengthen its presence in existing markets before pursuing growth in new territories. With key partnerships in place, including with Landsec, YAVICA remains focused on reaching its ambitious goals.