Company: FSTWF
Filing Date: 2025-07-08
Form Type: F-1/A
Source: 0001213900-25-061884
Chunk: 61

Company: FST Corp.
Filing Date: 2025-07-08
Form: F-1/A
Chunk 61
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     |                   — |   |     |          — |   |
| Comprehensive loss attributable to the Company’s shareholders            |     |          (4,494,139 | ) |     | (2,194,236 | ) |

Revenue The total revenue increased from $28,730,549 for the year ended December 31, 2023 to $36,499,644 for the year ended December 31, 2024, representing a 27.0% increase. The revenue from sales of golf shafts increased 26.9% from $27,825,905 for the year ended December 31, 2023 to $35,315,363 for the year ended December 31, 2024. The increase was attributable to the fact that: (i) we opened KBS Taipei Flagship Store during the fiscal year 2024, which greatly enhanced customer experience as well as brand awareness; (ii) we expanded our brand portfolio to offer more high -endproduct lines, allowing customers to choose from advanced features and premium designs. The revenue of sales of sports accessories, food and beverage remained stable with a minor increase of 3.4%. Revenue generated from

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software service climbed from nil for the year ended December 31, 2023 to $248,688 for the year ended December 31, 2024 since it’s a new business commenced in fiscal year 2024 in which we contracted with Parametric Technology Corporation (“PTC”) to act as a distributor for its software.

| Year/Period                                    |     | December 31, 2024 |     |             |   |     | December 31, 2023 |     |             |   |     |    Change |     |      |   |
|:-----------------------------------------------|:----|------------------:|:----|------------:|:--|:----|------------------:|:----|------------:|:--|:----|----------:|:----|-----:|:--|
| Revenue Categories                             |     |           Revenue 
            Amount |     |     Revenue 
 Proportion/ 
      Share, 
           % |   |     |           Revenue 
            Amount |     |     Revenue 
 Proportion/ 
      Share, 
           % |   |     |    Amount |     |    % |   |
| Sales of golf shafts                           |     |        35,315,363 |     |        96.8 | % |