Company: OTSA
Filing Date: 2025-05-23
Form Type: DRS/A
Source: 0001213900-25-047247
Chunk: 135

Company: OTSAW Ltd
Filing Date: 2025-05-23
Form: DRS/A
Chunk 135
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     |                           (2,776,315 | ) |     |      156.3 |     | (2,427,399 | ) |     |       87.7 |
| Finance cost                   |     |                             (513,158 | ) |     |       28.9 |     |   (414,799 | ) |     |       15.0 |
| Loss before income tax expense |     |                           (3,289,473 | ) |     |      185.2 |     | (2,842,198 | ) |     |      102.7 |
| Income tax expenses            |     |                                    — |   |     |          — |     |    (71,596 | ) |     |        2.6 |
| Loss for the financial year    |     |                           (3,289,473 | ) |     |      185.2 |     | (2,913,794 | ) |     |      105.3 |

Period Ended October 31, 2024 Compared to Period Ended October 31, 2023 Revenues Total revenues decreased by 35.8% from US$2.8 million for the period ended October 31, 2023 to US$1.8 million for the year ended October 31, 2024. This decrease was primarily an outcome of slowdown in business in Germany arising from parts and manpower shortage experienced and lower mix of revenue from its long tenure project flowing into current period. There were also some sales loss during transition from old to new models’ introduction to the market. Service and maintenance— Revenue from service and maintenance decreased by approximately US$0.8 million, or 33.9%, from approximately US$2.3 million for the year ended October 31, 2023, to approximately US$1.5 million for the year ended October 31, 2024, which was due to lower number of contracts serviced during this period.

83 Sales of robots — Sales of robots slightly decreased by US$192,697, or 48.9%, from approximately US$0.4 million for the period ended October 31, 2023, to approximately US$0.2 million for the period ended October 31, 2024. This is due to lower sales from existing models being phased out and new models have yet to be on sale. Robot as a service — Revenue from Robot as a service dipped by approximately US$21,946