Company: AOAO
Filing Date: 2025-07-30
Form Type: S-1/A
Source: 0001641172-25-021532
Chunk: 65

Company: Alpha One Inc.
Filing Date: 2025-07-30
Form: S-1/A
Chunk 65
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 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

Cash flow used in investing activities was $29,964 and $30,162 for the years ended March 31, 2025 and 2024, respectively. The net cash flow used in investing activities was mainly due to the acquisition of other asset.

Cash Flow from Financing Activities

Cash flow provided by financing activities was $1,327,509
and $832,159 for the years ended March 31, 2025 and 2024, respectively. The increase in net cash provided by
financing activities was mainly due to the increase in loan from the related parties.

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<div align='center'>INDUSTRY OVERVIEW</div>

This section includes market and industry data that we have developed from publicly available information; various industry publications and other published industry sources and our internal data and estimates. Although we believe the publications and reports are reliable, we have not independently verified the data. Our internal data, estimates and forecasts are based upon information obtained from trade and business organizations and other contacts in the market in which we operate and our management’s understanding of industry conditions.

As of the date of the preparation of this section, these and other independent government and trade publications cited herein are publicly available on the Internet without charge. Upon request, the Company will also provide copies of such sources cited herein.

Telecom Infrastructure Engineering in China

China’s telecommunications infrastructure sector is one of the most dynamic and rapidly expanding industries in the world, fueled primarily by the accelerated deployment of 5G networks, broadband expansion, and increasing investments in digital infrastructure. As China pushes towards digital transformation, telecom infrastructure engineering plays a critical role in the construction and maintenance of the systems