Company: APXIF
Filing Date: 2025-06-13
Form Type: F-4/A
Source: 0001213900-25-054324
Chunk: 417

Company: APx Acquisition Corp. I
Filing Date: 2025-06-13
Form: F-4/A
Chunk 417
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 related to interest charges in respect of these transactions. While this strategy improved liquidity and provided faster access to funds, the associated costs were reflected in the higher finance costs during the period. Other financial results, net Other financial results, net, decreased by $946,650, or 65.4%, from $1,447,763 for the six months ended December 31, 2023, to $501,113 for the six months ended December 31, 2024. The decrease was primarily due to a lower impact from foreign exchange differences. In contrast to the prior year, the Company experienced more stable exchange rates, resulting in a reduced positive effect from the revaluation of foreign currency -denominatedliabilities, including shareholder loans and payments to international suppliers. Net loss for the six months ended Net loss decreased by $112,378, or 7.8%, from $1,434,684 for the six months ended December 31, 2023, to $1,322,306 for the six months ended December 31, 2024. This decrease was primarily driven by a lower impact of foreign exchange differences reflected in other financial results, which offset the increase in operating loss. Although revenues declined and both cost of revenues and operating expenses increased compared to the prior period, which are factors that would typically lead to a higher net loss, the reduced financial loss from currency fluctuations more than compensated for the operating deterioration, resulting in an overall improvement in net loss. 214

Comparison of the Year Ended June 30, 2024 and the Year Ended June 30, 2023 The following table sets forth The Company’s results of operations for the years ended June 30, 2024 and 2023:

|                                         |     | For the year ended 
           June 30, 
               2024 |   |     |       2023 |   |     |  Variation 
      (US$) |   |     | Variation 
       (%) |    |
|:----------------------------------------|:----|-------------------:|:--|:----|-----------:|:--|:----|-----------:|:--|:----|----------:|:---|
|                                         |     |   -in U.S. dollars |   |     |            |   |     |            |   |     |           |    |
| Revenues                                |     |          1,819,370 |   |     |  1,879,939 |   |     |