Company: KMRK
Filing Date: 2025-03-07
Form Type: DRS/A
Source: 0001213900-25-021451
Chunk: 16

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-03-07
Form: DRS/A
Chunk 16
---
 | $    |  1,209,863 |
| Net income   |     | $                        |    585,975 |     | $    |    601,082 |

|              |     | For the Years Ended 
 March 31            
 2024                
 US$                 |            |     | 2023 
 US$  |            |
|:-------------|:----|:--------------------|-----------:|:----|:-----|-----------:|
| Revenue      |     | $                   | 17,123,778 |     | $    | 16,638,743 |
| Gross profit |     | $                   |  2,174,522 |     | $    |  1,568,524 |
| Net income   |     | $                   |    928,529 |     | $    |    247,471 |

For the six months ended September30, 2024 and 2023, our total revenue amounted to approximately U.S.$12.4million and U.S.$10.2million, respectively. For the years ended March31, 2024 and 2023, our total revenue amounted to approximately U.S.$17.1million and U.S.$16.6million, respectively. We derive our revenue mainly from the design, development, testing and sales of a diverse portfolio of toy products. For detailed analysis and discussion of the Group’s financial performance, please refer to the section headed “Management’s Discussion and Analysis of Financial Condition and Results of Operations”in this prospectus. Our Competitive Strengths We believe we have the following competitive strengths: •Strong capability in product innovation and design; •Solid customer base and established reputation; and •Strong back up of production facilities to ensure stable supply of quality products For more details, see “ Business — Our Competitive Strengths.”

1 Our Strategies and Future Plans Our business strategies and future plans for our expansion are as follows: •Enhance research and development and design capabilities; •Diversify our product offerings through continuous development of new products and global licensing strategy; and •Commence manufacturing operations in Southeast Asian countries For more details, see “ Business — Our Strategies and Future Plans.” Corporate History and Structure For more details, see “ Corporate History and Structure.” The following diagram illustrates our corporate and shareholding structure as of the date of the prospectus and upon completion of the offering (assuming no exercise of the over -allotmentoption): As of the date of this prospectus Upon completion of