Company: KMRK
Filing Date: 2025-07-16
Form Type: 424B4
Source: 0001213900-25-064537
Chunk: 188

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-07-16
Form: 424B4
Chunk 188
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 transition period and comply with the requirements that apply to non -emerginggrowth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public F-13

K-TECH SOLUTIONS COMPANY LIMITED AND SUBSIDIARYNOTES TO COMBINED FINANCIAL STATEMENTS
(Currency expressed in United States Dollars (“US$”) NOTE 2 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statements with another public company which is not an emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. NOTE 3 — BUSINESS SEGMENT AND DISAGGREGATION OF REVENUE A summary of the Company’s revenue disaggregated by major service lines and timing of revenue recognition of the years ended March 31, 2024 and 2023, respectively, are as follow:

|                         |     | Year ended March 31, 
                 2023 |     |       2024 |
|:------------------------|:----|---------------------:|:----|-----------:|
|                         |     |                  US$ |     |        US$ |
| Sales of finished goods |     |           16,402,720 |     | 16,730,463 |
| Sales for tooling       |     |              236,023 |     |    393,315 |
|                         |     |           16,638,743 |     | 17,123,778 |

In accordance with ASC 280, Segment Reporting (“ASC 280”), the Company has one reportable business segments. Sales are based on the countries in which the customers are from overseas including United States of America, United Kingdom and Europe. Summarized financial information concerning our geographic segments is shown in the following tables:

|                          |     | Year ended March 31, 
                 2023 |     |       2024 |
|:-------------------------|:----|---------------------:|:----|-----------:|
|                          |     |                  US$ |     |        US$ |
| United States of America |     |           14,854,985