Company: AOAO
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001493152-25-001624
Chunk: 61

Company: Alpha One Inc.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 61
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:----|:----------------------|---------:|:--|:----|:--|-----------:|:--|:----|:--|:-----------|:--|
| Cash flows used in operating activities                      |     | $                     | (694,052 | ) |     | $ | (2,128,379 | ) |     | $ | (1,434,327 | ) |
| Cash flows used in investing activities                      |     |                       |  (30,162 | ) |     |   |   (151,920 | ) |     |   | (121,758   | ) |
| Cash flows provided by  financing activities                 |     |                       |  832,159 |   |     |   |  2,450,094 |   |     |   | (1,617,935 | ) |
| Effect of exchange rate changes on cash and cash equivalents |     |                       |  (54,257 | ) |     |   |      8,357 |   |     |   | (62,614    | ) |
| Net changes in cash and cash equivalents                     |     | $                     |   53,688 |   |     | $ |    178,152 |   |     | $ | (124,464   | ) |

Cash Flow from Operating Activities

Cash flow used in operating activities for the year ended March 31, 2024 was $694,052 as compared to the amount of $2,128,379 used in operating activities for the year ended March 31, 2023, reflecting a decrease of $1,434,327. The decrease in net cash used in operating activities was mainly due to the fact that the increase from accrued expenses and other payables impact on cash flows.

Cash Flow from Investing Activities

Cash flow used in investing activities was $30,162 and $151,920 for the years ended March 31, 2024 and 2023, respectively. The decrease in net cash flow used in investing activities was mainly due to the decrease of acquisition of Property and equipment.

Cash Flow from Financing Activities

Cash flow provided by financing activities was $832,159 and $2,450,094 for the years ended March 31, 2024 and 2023, respectively. The decrease in net cash provided by financing activities was mainly due to the decrease in net proceeds of bank borrowings and capital injection.

Results of Operations for the three and six months ended September