Company: AOAO
Filing Date: 2025-09-16
Form Type: S-1/A
Source: 0001493152-25-013575
Chunk: 63

Company: Alpha One Inc.
Filing Date: 2025-09-16
Form: S-1/A
Chunk 63
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 |     | $                     | (1,695,892 | ) |     | $ | (694,052 | ) |     | $ | (1,001,840 | ) |
| Cash flows used in investing activities                      |     |                       |    (29,964 | ) |     |   |  (30,162 | ) |     |   |       (198 | ) |
| Cash flows provided by financing activities                  |     |                       |  1,327,509 |   |     |   |  832,159 |   |     |   |    495,350 |   |
| 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