Company: KMRK
Filing Date: 2025-07-16
Form Type: 424B4
Source: 0001213900-25-064537
Chunk: 96

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-07-16
Form: 424B4
Chunk 96
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 secure new projects and maintain our backlog We generated the majority of our revenue from projects which are on contract basis and non -recurringin nature. We generally secure our government and non -governmentprojects through tenders and/or quotation. Our future growth and success will then depend on our ability to maintain a stable and sustainable project backlog. Our results of operations will be adversely affected if we are unable to secure sufficient number and sizeable contracts in the future. Ability to complete our projects with quality on a timely basis If there is any quality problem in relation to our services or delay in our projects, we may incur liability. Moreover, service standard and works quality are usually one of the considerations in awarding tenders by our customers. Accordingly, if we are unable to maintain our service standards and work quality or unable to complete our projects on a timely basis, our financial performance may be adversely affected due to cost -overrunsfor catching up scheduled time or reworking for substandard works. In addition, since our revenue recognition is based on measurement of progress by output method of our contract works, any delay in completing our works with appropriate certification will affect our revenue recognized during the same period. Thus, our revenue and results of the operation may be affected if we are unable to complete our scheduled work on time. The above does not list all the material risk factors that may affect our results of operations. The above -mentionedrisks and others are discussed in more detail in the section titled “Risk Factors” beginning on page 16 of this prospectus. 55

Results of Operations Comparison of Six Months Ended September 30, 2024 and 2023 The following table sets forth the combined results of our operations for the six months ended September 30, 2024 and 2023, respectively:

|                                                                |     | For the six months ended 
            September 30, |             |   |     |      |            |   |
|                                                                |     |                     2024 |             |   |     | 2023 |            |   |
| Revenue                                                        |     |                      US$ |  12,410,490 |   |     |  US$ | 10,212,443 |   |
| Cost of revenue                                                |     |                          | (10,798,640 | ) |     |      | (9,002,580 | ) |
| Gross profit                                                   |     |                          |   1,611,850 |   |     |      |  1,209,863 |