Company: YSXT
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001410578-25-001545
Chunk: 110

Company: YSX Tech Co., Ltd
Filing Date: 2025-07-31
Form: 20-F
Item: Item 5
Chunk 110
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4 million in fiscal year 2025. The decrease in our revenue from other scenario-based customized services was driven by a decrease in average service price the YSX Operating Companies charged customers for such services by approximately $278,831 or 40.3%, from fiscal year 2024 to fiscal year 2025. Our revenue generated from providing other scenario-based customized services to customers increased by approximately $8.2 million, or 232.5%, from approximately $3.5 million in fiscal year 2023 to approximately $11.8 million in fiscal year 2024. The increase in our revenue from other scenario-based customized services was driven by an increased average service price the YSX Operating Companies charged customers for such services by approximately 134.7%, and an increase in the number of customers for such services, which increased by 41.7%, from fiscal year 2023 to fiscal year 2024. Please see the detailed discussion of the revenue breakdown of the other scenario-based customized services under “ Comparison of Results of Operations for the Fiscal Years Ended March 31, 2025, 2024 and 2023” below.

Our revenue from providing software development and information technology services to customers decreased by approximately $0.6 million, or 49.5%, from approximately $1.2 million in fiscal year 2024 to approximately $0.6 million in fiscal year 2025, primarily because of the decrease in the number of customers for software development and information technology services by 57.1% from 7 customers in fiscal year 2024 to 3 customers in fiscal year 2025. The average service price we charged customers for such services increased by approximately $31,074, or 17.8%, from $174,402 in fiscal year 2024 to $205,476 in fiscal year 2025. The overall decrease in our revenue from providing software development and information technology services in fiscal year 2025 reflected these combined factors. Our revenue from providing software development and information technology services to customers decreased by approximately $2.0 million, or 62.5%, from approximately $3.3 million in fiscal year 2023 to approximately $1.2 million in fiscal year 2024, primarily because of the decrease in the number of customers for software development and information technology services by 22.2% from 9 customers in fiscal year 2023 to 7 customers in fiscal year 2024. In addition, the average service price we charged customers for