Company: AOAO
Filing Date: 2025-07-30
Form Type: S-1/A
Source: 0001641172-25-021532
Chunk: 117

Company: Alpha One Inc.
Filing Date: 2025-07-30
Form: S-1/A
Chunk 117
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 |
| Total                 |     | $ | 1,392,112 |

NOTE 14 – CONCENTRATIONS OF RISK

(a) Major customers

For the year ended March 31, 2025, the customers
who accounted for more than 10% of the Company’s revenues and the accounts receivable balances at period-end are presented as follows:

|            |     |          | For the year ended 
          March 31, 
               2025 |     |               |    |   |     |                     |          As of 
 March 31, 2025 |     |                     |    |   |
|:-----------|:----|:---------|-------------------:|:----|:--------------|---:|:--|:----|:--------------------|---------------:|:----|:--------------------|---:|:--|
|            |     | Revenues |                    |     | Percentage of 
 revenues      |    |   |     | Accounts receivable |                |     | Percentage of       
 accounts receivable |    |   |
| Customer C |     | $        |             78,322 |     |               | 11 | % |     | $                   |      1,657,870 |     |                     | 59 | % |
| Customer G |     |          |             89,300 |     |               | 12 | % |     |                     |      1,049,416 |     |                     | 38 | % |
| Total      |     | $        |            167,622 |     |               | 23 | % |     | $                   |      2,707,286 |     |                     | 97 | % |

For the year ended March 31, 2024, the customers who accounted for more than 10% of the Company’s revenues and the accounts receivable balances at period-end are presented as follows:

|            |     | For the year ended 
 March 31,          
 2024               |            |     |               |    |   |     | As of               
 March 31, 2024      |           |     |                     |    |   |
|:-----------|:----|:-------------------|-----------:|:----|:--------------|---:|:--|:----|:--------------------|----------:|:----|:--------------------|---:|:--|
|            |     | Revenues           |            |     | Percentage