Company: KMRK
Filing Date: 2025-01-02
Form Type: DRS
Source: 0001213900-25-000267
Chunk: 15

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-01-02
Form: DRS
Chunk 15
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 all of the information you should consider before making your investment decision. Before investing in our Class A Shares, you should carefully read this entire prospectus, including our financial statements and the related notes thereto and the information set forth under including “Risk Factors,” “Summary Consolidated Financial Data,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and “Business.” Unless the context otherwise requires, all references to “we,” “us,” “our,” “the Company” and similar designations refer to K -Tech Solutions Company Limited, a BVI company, and its wholly -owned subsidiary . Overview We are principally engaged in the design, development, testing and sale of a diverse portfolio of toy products ranging from simple plastic toy products to more complex electromechanical toy products. Our solution services span across the entire development stage of toy products from design, prototype testing, production management, quality control to after -salesservices. We specialize in the development of infant and pre -schooleducational toys and learning kits. Below is a summary of the Company’s financial information for the years indicated:

|              |     | For the Years Ended 
 March 31            
 2024                
 US$                 |            |     | 2023 
 US$  |            |
|:-------------|:----|:--------------------|-----------:|:----|:-----|-----------:|
| Revenue      |     | $                   | 17,123,778 |     | $    | 16,638,743 |
| Gross profit |     | $                   |  2,174,522 |     | $    |  1,568,524 |
| Net income   |     | $                   |    928,529 |     | $    |    247,471 |

For the years ended March31, 2024 and 2023, our total revenue amounted to approximately U.S.$17.1million and U.S.$16.6million, respectively. We derive our revenue mainly from the design, development, testing and sales of a diverse portfolio of toy products. For detailed analysis and discussion of the Group’s financial performance, please refer to the section headed “Management’s Discussion and Analysis of Financial Condition and Results of Operations”in this prospectus. Our Competitive Strengths We believe we have the following competitive strengths: •Strong capability in product innovation and design; •Solid customer base and established reputation; and •Strong back up of production facilities to ensure stable supply of quality products For more