Company: KMRK
Filing Date: 2025-01-02
Form Type: DRS
Source: 0001213900-25-000267
Chunk: 98

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-01-02
Form: DRS
Chunk 98
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| Weighted average number of Ordinary Shares outstanding – basic 
 and diluted*                                                   |     |                    |             |   |     |   |             |   |

Revenue For the year ended March31, 2024, the Company’s revenue amounted to approximately US$17.1million, representing an increase of approximately US$0.5million (2.9%) as compared with the corresponding year ended March31, 2023 approximately US$16.6million. The increase in revenue was mainly an increase in Europe sales from US$688,370 for the year ended March31, 2023 to US$3,780,278 for the year ended March31, 2024 and the number of customers from 15 customers for the year ended March31, 2023 to 20 customers for the year ended March 2024. Cost of revenue

|                        |     | For the year ended March 31, 
                         2024 |     |        |     |       2023 |     |       |
|:-----------------------|:----|-----------------------------:|:----|-------:|:----|-----------:|:----|------:|
|                        |     |                          US$ |     |      % |     |        US$ |     |     % |
| Materials for products |     |                   14,595,924 |     |  97.64 |     | 14,859,430 |     | 98.60 |
| Materials for tools    |     |                      353,332 |     |   2.36 |     |    210,789 |     |  1.40 |
| Total                  |     |                   14,949,256 |     | 100.00 |     | 15,070,219 |     |   100 |

Our cost of revenue amounted to approximately US$14.9 million and US$15.1 million in the year ended March 31, 2024, and 2023, respectively. The trend of cost of revenue in line with the revenue.

55

Our cost of revenue mainly comprised materials. Our total cost of revenue decreased by approximately US$0.1 million or 0.80%, from approximately US$15.1 million for the year ended March 31, 2023, to approximately US$14.9 million for the year ended March 31, 2024, primarily due to decrease in materials usage. Gross profit Our