Company: AOAO
Filing Date: 2025-12-12
Form Type: S-1/A
Source: 0001493152-25-027381
Chunk: 60

Company: Alpha One Inc.
Filing Date: 2025-12-12
Form: S-1/A
Chunk 60
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 Interest income                 |     |                       |         59 |   |     |   |          91 |   |     |   |         (32 | ) |     |  (35 | )% |
| Interest expense                |     |                       |   (292,929 | ) |     |   |    (323,528 | ) |     |   |     (30,599 | ) |     |   (9 | )% |
| Income taxes benefit (expenses) |     |                       |  1,464,984 |   |     |   |    (500,201 | ) |     |   |  (1,965,185 | ) |     | (393 | )% |
| Net (loss) income               |     | $                     | (6,142,321 | ) |     | $ |   1,245,550 |   |     | $ |  (7,387,871 | ) |     | (593 | )% |

| 28 |

Net Revenues

Net revenues totaled $720,263 for the year ended March 31, 2025, an decrease of $22,828,881, or 97%, as compared to the revenue for the year ended March 31, 2024. The decrease in net revenues was mainly due to a significantly decrease in sales of intelligent products US$17,580,582 from the third parties, coverage of 75% of total net revenues for the year ended March 31, 2024.The credit term for the customers
of telecommunication engineering services is 90 days after the quality acceptance checked. For the years ended March 31, 2024 and 2025,
the average sales outstanding days are 600 days and 720 days.

Cost of Revenues

Cost of revenues totaled $864,677 for the year ended March 31, 2025, an decrease of $19,547,216, or 96%, as compared to for the year ended March 31, 2024. The decrease in cost of revenue was due to the decrease of revenue.

Gross (Loss) Profit

Gross loss was $144,414 for the years ended March 31, 2025 and gross profit $3,137,251 for the year ended March 31, 2024. Gross profit decreased $3,281,665 for the year ended March 31, 2025 primarily due to the significantly decrease in sales of intelligent products