Company: STAK
Filing Date: 2025-02-26
Form Type: 424B4
Source: 0001493152-25-008310
Chunk: 66

Company: STAK Inc.
Filing Date: 2025-02-26
Form: 424B4
Chunk 66
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 the gross profit margin for the specialized oilfield vehicles was 28.17%.

Key Factors that Affect Operating Results

We believe the following
key factors may affect our financial condition and results of operations:

| ● | our ability to maintain our major customers;                             |
| ● | our ability to attract new customers and to increase our revenue         
 per customer;                                                            |
| ● | our ability to enhance our operational efficiency; and                   |
| ● | our ability to acquire sufficient parts and materials and key components 
 from their suppliers in suitable quantity and quality.                   |

| 42 |

Results of Operations

The following table sets
forth a summary of our consolidated statements of income and comprehensive income for the fiscal years ended June 30, 2024 and 2023,
respectively. This information should be read together with our consolidated financial statements and related notes included elsewhere
in this prospectus. The results of operations in any period are not necessarily indicative of our future trends.

|                                     |     | For the Years Ended June 30, |        2024 |   |     |   |        2023 |   |     | Variance |     Amount |   |     |     |       % |    |
|:------------------------------------|:----|:-----------------------------|------------:|:--|:----|:--|------------:|:--|:----|:---------|-----------:|:--|:----|:----|--------:|:---|
| Revenues                            |     | $                            |  18,918,847 |   |     | $ |  21,146,463 |   |     | $        | (2,227,616 | ) |     |     |  (10.53 | )% |
| Cost of revenues                    |     |                              | (13,245,171 | ) |     |   | (14,385,492 | ) |     |          |  1,140,321 |   |     |     |   (7.93 | )% |
| Gross profit                        |     |                              |   5,673,676 |   |     |   |   6,760,971 |   |     |          | (1,087,295 | ) |     |     |  (16.08 | )% |
| Operating expenses:                 |     |                              |             |   |     |   |             |   |     |          |            |   |