Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 147

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 147
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,545,967 | ) |     |  (757,476 | ) |
| Net cash used in investing activities                |     |                 (676,129 | ) |     |  (168,821 | ) |
| Net cash generated from financing activities         |     |                2,345,873 |   |     | 1,047,682 |   |
| Net increase in cash and cash equivalents            |     |                  123,777 |   |     |   121,385 |   |
| Foreign exchange impact on cash and cash equivalents |     |                  -75,772 |   |     |   (95,578 | ) |
| Cash, beginning of financial year                    |     |                   30,331 |   |     |    34,982 |   |
| Cash, end of financial year                          |     |                   78,336 |   |     |    60,789 |   |

88 Operating activities Net cash used in operating activities for the period ended October31, 2024 was approximately US$1.5million, the difference between our net loss of approximately US$3.3million and the net cash used in operating activities was primarily attributable to (i) depreciation and amortization expense of US$0.8million on property, plant and equipment, intangible assets based on our accounting policies; (ii) finance cost of US$0.5million in relation to loans from related parties; (iii) impairment and write off of receivables of US$0.2million; (iv) an increase in trade Trade and other payables of US$0.6million and partially offset by a decrease in payable to Swisslog Healthcare Holding AG for the acquisition of Swisslog assets. Net cash used in operating activities for the period ended October31, 2023 was approximately US$0.8million, the difference between our net loss of approximately US$2.8million and the net cash used in operating activities was primarily attributable to (i) depreciation and amortization expense of US$0.7million on property, plant and equipment, intangible assets based on our accounting policies; (ii) finance cost of US$0.4million in relation to loans from related parties; (iii) an increase of approximately US$0.6million in trade and other payables, which is in line with level of sales activities; and partially offset by; (v) an increase in inventories and trade and other receiv