Company: OTSA
Filing Date: 2025-07-07
Form Type: F-1/A
Source: 0001213900-25-061733
Chunk: 151

Company: OTSAW Ltd
Filing Date: 2025-07-07
Form: F-1/A
Chunk 151
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, 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 of US$1.8million and US$2.8million, respectively, and net losses of US$3.3million and US$2.9million, 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. Market Opportunities The global facility management market size was valued at USD 1,277.8 billion in 2023 and is projected to grow from USD 1,315.7 billion in 2024 to USD 2,284.8 billion by 2032, exhibiting a compound annual growth rate of 8.2% during the forecast period 2. We believe the world is entering a new era where AMRs, robotics and AI are becoming increasingly prevalent in the facilities management for residential communities, hospitals, hotels, office blocks, parks, airports, train stations, university campuses, shopping malls, and warehouses. Every such facility requires guarding, cleaning and delivery services. However, aging populations, inflation, structural labor changes and shortages, high labor turnover rate, rising labor costs, and post -COVIDhealth -conscioushuman behavior changes have created