Company: OTSA
Filing Date: 2025-06-09
Form Type: F-1
Source: 0001213900-25-052720
Chunk: 122

Company: OTSAW Ltd
Filing Date: 2025-06-09
Form: F-1
Chunk 122
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680?accessId=456656 19.Healthcare Worker Shortage in 2024, https: // hrforhealth.com / blog /healthcare -worker -shortage 20.Disinfection Robot Market, https://www.persistencemarketresearch.com/market -research /disinfection -robot-market .asp 21.Autonomous Last Mile Delivery Market Size, Share & Trends Analysis Report, https://www.grandviewresearch.com/industry -analysis /autonomous -last-mile-delivery-market 72 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS
AND RESULTS OF OPERATIONS You should read the following discussion and analysis of our financial condition and results of operations in conjunction with our consolidated financial statements and the related notes included elsewhere in this prospectus. This discussion and analysis and other parts of this prospectus contain forward -looking statements based upon current beliefs, plans and expectations that involve risks, uncertainties and assumptions. Our actual results and the timing of selected events could differ materially from those anticipated in these forward -looking statements as a result of several factors, including those set forth under “Risk Factors” and elsewhere in this prospectus. You should carefully read 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. For the six months ended October31, 2024, and 2023, we reported revenues