Company: AOAO
Filing Date: 2025-07-30
Form Type: S-1/A
Source: 0001641172-25-021532
Chunk: 61

Company: Alpha One Inc.
Filing Date: 2025-07-30
Form: S-1/A
Chunk 61
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 | ) |     |  (41 | )% |
| Other income                    |     |                       |        461 |   |     |   |       6,658 |   |     |   |      (6,197 | ) |     |  (93 | )% |
| 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.

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