Company: FSTWF
Filing Date: 2025-07-25
Form Type: 424B3
Source: 0001213900-25-067790
Chunk: 61

Company: FST Corp.
Filing Date: 2025-07-25
Form: 424B3
Chunk 61
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,611 | ) |
| Less: net loss attributable to non-controlling interests                 |     |                   — |   |     |          — |   |
| Net loss attributable to the Company’s shareholders                      |     |          (3,235,175 | ) |     | (2,167,611 | ) |
| OTHER COMPREHENSIVE LOSS                                                 |     |                     |   |     |            |   |
| Foreign currency translation adjustment                                  |     |          (1,260,555 | ) |     |    (26,625 | ) |
| Remeasurement of defined benefit obligations                             |     |               1,591 |   |     |          — |   |
| TOTAL COMPREHENSIVE LOSS                                                 |     |          (4,494,139 | ) |     | (2,194,236 | ) |
| Less: total comprehensive loss attributable to non-controlling interests |     |                   — |   |     |          — |   |
| 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

41

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