Company: KMRK
Filing Date: 2025-03-07
Form Type: DRS/A
Source: 0001213900-25-021451
Chunk: 200

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-03-07
Form: DRS/A
Chunk 200
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 class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended 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 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. F-33

K-TECH SOLUTIONS COMPANY LIMITED Notes to the unaudited INTERIM CONDENSED combined financial statements 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 six months ended September 30, 2024 and 2023, respectively, are as follow:

|                         |     | For the six months ended 
            September 30, |     |            |
|                         |     |                     2023 |     |       2024 |
|                         |     |                      US$ |     |        US$ |
|                         |     |               -Unaudited |     | -Unaudited |
| Sales of finished goods |     |               10,014,364 |     | 12,048,933 |
| Sales for tooling       |     |                  198,079 |     |    361,557 |
|                         |     |               10,212,443 |     | 12,410,490 |

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:

|                          |     | For the six months ended 
            September 30, |     |            |
|                          |     |                     2023 |     |       2024 |
|                          |     |                      US$ |     |