Company: FSTWF
Filing Date: 2025-02-28
Form Type: F-1
Source: 0001213900-25-018264
Chunk: 62

Company: FST Corp.
Filing Date: 2025-02-28
Form: F-1
Chunk 62
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 The Group generates revenue primarily from the sales of golf club shafts and sales of sports accessories, food and beverage. The total revenue for the six months ended June 30, 2023 amounted to $12,625,218, $12,178,015 of revenue was from the sales of golf club shafts, and $447,203 of revenue was from the sales of sports accessories, food, beverage and others. The total revenue increase by $5,204,527 to $17,829,745 for the six months ended June 30, 2024, of which $17,216,880 of revenue was from the sales of golf club shafts, and $612,865 of revenue was from the sales of sports accessories, food, beverage and others. Of the total revenue of $49,779,465 for the year ended December 31, 2022, $49,111,948 of revenue was from the sales of golf club shafts, and $667,517 of revenue was from the sales of sports accessories, food and beverage. The total revenue decreased by $21,048,916 to $28,730,549 for the year ended December 31, 2023, of which $27,825,905 of revenue was from the sales of golf club shafts, and $904,644 of revenue was from the sales of sports accessories, food and beverage. 39

The table below sets forth the revenue contribution by types of products in the six months ended June 30, 2024 and 2023, the years ended December 31, 2023 and 2022:

| Year/Period                                            |     | June 30, 2024 |     |             |     | June 30, 2023 |     |             |     | December 31, 2023 |     |             |     | December 31, 2022 |     |             |
|:-------------------------------------------------------|:----|--------------:|:----|------------:|:----|--------------:|:----|------------:|:----|------------------:|:----|------------:|:----|------------------:|:----|------------:|
| Revenue Categories                                     |     |       Revenue 
        Amount |     |     Revenue 
 Proportion/ 
      Share, 
           % |     |       Revenue 
        Amount |     |     Revenue 
 Proportion/ 
      Share, 
           % |     |           Revenue 
            Amount |