Company: AOAO
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001493152-25-001624
Chunk: 117

Company: Alpha One Inc.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 117
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116,035 |   |
| Foreign currency translation adjustment |     |        |          - |     |        |      - |     |                    |         - |     |           |      - |     |                                |       - |     |                   |    5,274 |   |     |                     |     5,274 |   |
| Net income for the period               |     |        |          - |     |        |      - |     |                    |         - |     |           |    451 |     |                                |   2,434 |     |                   |        - |   |     |                     |     2,885 |   |
| Balance as of September 30, 2023        |     |        | 76,809,533 |     | $      | 76,809 |     | $                  | 1,320,008 |     | $         | 87,615 |     | $                              | 547,644 |     | $                 | (121,870 | ) |     | $                   | 1,910,206 |   |

<div align='center'>See accompanying notes to the unaudited condensed consolidated financial statements.</div>

| F-22 |

<div align='center'>Alpha One Inc. and Subsidiaries

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2024 AND 2023

(Unaudited)</div>

| Cash flows from operating activities                                                               |     | Six months ended September 30, 
 2024                           |            |   |     | 2023 |            |   |
|:---------------------------------------------------------------------------------------------------|:----|:-------------------------------|-----------:|:--|:----|:-----|-----------:|:--|
| Net income (loss)                                                                                  |     | $                              |   (860,310 | ) |     | $    |    512,866 |   |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: |     |                                |            |   |     |      |            |   |
| Depreciation and amortization expense                                                              |     |                                |     32,472 |   |     |      |     31,244 |   |
| Noncash lease expense                                                                              |     |                                |      7,287 |   |     |      |