Company: AOAO
Filing Date: 2025-10-16
Form Type: S-1/A
Source: 0001493152-25-018240
Chunk: 64

Company: Alpha One Inc.
Filing Date: 2025-10-16
Form: S-1/A
Chunk 64
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| Effect of exchange rate changes on cash and cash equivalents |     |                       |     15,279 |   |     |   |  (54,257 | ) |     |   |     69,536 |   |
| Net changes in cash and cash equivalents                     |     | $                     |   (383,068 | ) |     | $ |   53,688 |   |     | $ |   (436,756 | ) |

Cash Flow from Operating Activities

Cash
flow used in operating activities for the year ended March 31, 2025 was $1,695,892, represented an increase of $1,001,218 compared to last year. This change was mainly due to (i) a decrease of 862,485 in accounts receivable; (ii) an increase of $148,201 in contract costs; (iii) an increase of $1,400,130 in prepaymen and other current assets; (iv) a decrease of $690,523 in account payable; (v) a decrease of $447,597 in accrued liabilities and other payable; and (vi) an increase of $1,681,722 in customer advances.

Cash flow used in operating activities for the year ended March 31, 2024 was $694,052, as compared to a net income of $1,245,550 in the same year. The difference was primarily due to (i) an increase of $4,217,024 in accounts receivable; (ii) an increase of $992,043 in prepayment and other current assets; (iii) an increase of $2,934,347 in accrued liabilities and other payable; (iv) an increase of 537,472 in income tax payable; and (v) a decrease of $331,684 in contract liabilities.

Cash Flow from Investing Activities

Cash flow used in investing activities was $29,964 and $30,162 for the years ended March 31, 2025 and 2024, respectively. The net cash flow used in investing activities was mainly due to the acquisition of other asset.

Cash Flow from Financing Activities

Cash flow provided by financing activities was $1,327,509
and $832,159 for the years ended March 31, 2025 and 2024, respectively. The increase in net cash provided by
financing activities was mainly due to the increase in loan from the related parties.

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Results of Operations