Company: STAK
Filing Date: 2025-02-26
Form Type: 424B4
Source: 0001493152-25-008310
Chunk: 67

Company: STAK Inc.
Filing Date: 2025-02-26
Form: 424B4
Chunk 67
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    |     |                              |   2,717,963 |   |     |   |   4,175,502 |   |     |          | (1,457,539 | ) |     |     |  (34.91 | )% |
| Income tax expense                  |     |                              |    (276,189 | ) |     |   |    (715,040 | ) |     |          |    438,851 |   |     |     |  (61.37 | )% |
| Net income                          |     | $                            |   2,441,774 |   |     | $ |   3,460,462 |   |     | $        | (1,018,688 | ) |     |     |  (29.44 | )% |

| 43 |

Components of Results of Operations

Revenues

A detailed breakdown of
revenues for the years ended June 30, 2024 and 2023 is set forth below:

|                                          |     | For                      
 the Years Ended June 30, |       2024 |     |   |       2023 |     | Variance |     Amount |   |     |     |      % |    |
|:-----------------------------------------|:----|:-------------------------|-----------:|:----|:--|-----------:|:----|:---------|-----------:|:--|:----|:----|-------:|:---|
| Sales of specialized oilfield equipment  |     | $                        |  8,877,804 |     | $ | 13,919,600 |     | $        | (5,041,796 | ) |     |     | (36.22 | )% |
| Sales of specialized oilfield vehicle    |     |                          |  5,406,586 |     |   |  6,361,812 |     |          |   (955,226 | ) |     |     | (15.01 | )% |
| Service income from automation solutions |     |                          |  1,763,018 |     |   |    271,462 |     |          |  1,491,556 |   |     |     | 549.45 | %  |
| Others                                   |     |                          |  2,871,439 |     |   |    593,589 |     |          |  2