Company: OTSA
Filing Date: 2025-03-26
Form Type: DRS/A
Source: 0001013762-25-002776
Chunk: 119

Company: OTSAW Ltd
Filing Date: 2025-03-26
Form: DRS/A
Chunk 119
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 the “Risk Factors” section of this prospectus to gain an understanding of the important factors that could cause actual results to differ materially from our forward -looking statements. Overview We are a Singapore -basedcompany specializing in AMRs and robotics solutions, with cutting -edgerobotics software development and manufacturing capabilities. Founded in 2015, we are an innovator in advanced robotics autonomy technologies and next -generationAI. Our mission is to disrupt, revolutionize, and redefine the global facilities management industry with our AI -enabledAMRs and robotics solutions across security, disinfection, last -miledelivery, and healthcare facilities. Leveraging our core software technologies, robot and machine outdoor autonomy expertise, and AI -enabledAMRs, our products empower customers to enhance productivity, reduce reliance on human capital, and seamlessly integrate automation into their facilities management operations. By addressing labor shortages, rising wages, and labor cost challenges, we aim to empower the entire facilities management industry globally. For the fiscal years ended April 30, 2024, and 2023, we reported revenues of US$5.3 million and US$5.1 million, respectively, and net losses of US$6.5 million and US$6.7 million, respectively. To drive growth, we are focused on advancing our core software technologies, the commercialization of our latest Autonomous Navigation System (“ANS”) Version3, Odyssey, tailored for the AMR and robotics industry, and the expansion of our production capacity. These efforts aim to enable cost -efficientmanufacturing and competitive pricing as we develop our next -generationTranscar 5.0 and Camello +solutions. Additionally, we are actively increasing our global presence in the security and healthcare facilities management industries by expanding our sales and marketing team, strengthening our distribution network, and pursuing strategic alliances, acquisitions, investments, and partnership opportunities. Factors Affecting Our Results of Operations Our business and results of operations are affected by the macroeconomic factors, including but not limited to overall economic growth rates in Singapore and globally, the penetration rate of robotic autonomy and AI technologies, regulatory, tax and geopolitical environments, the stability of our supply chain as well as costs of raw materials and components. Changes in any of these general factors could affect the demand for our principal businesses and our results of operations. Moreover, the following company -specificfactors can directly impact our results of operations materially: Our ability to introduce and commercialize new products and services The introduction and commercialization of new products and services are important to our results of