Company: OTSA
Filing Date: 2025-07-07
Form Type: F-1/A
Source: 0001213900-25-061733
Chunk: 140

Company: OTSAW Ltd
Filing Date: 2025-07-07
Form: F-1/A
Chunk 140
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3,280,368 | ) |     |      184.7 |     | (3,179,140 | ) |     |      114.9 |
| Operating loss                 |     |                           (2,776,315 | ) |     |      156.3 |     | (2,427,399 | ) |     |       87.7 |
| Finance cost                   |     |                             (513,158 | ) |     |       28.9 |     |   (414,799 | ) |     |       15.0 |
| Loss before income tax expense |     |                           (3,289,473 | ) |     |      185.2 |     | (2,842,198 | ) |     |      102.7 |
| Income tax expenses            |     |                                    — |   |     |          — |     |    (71,596 | ) |     |        2.6 |
| Loss for the financial year    |     |                           (3,289,473 | ) |     |      185.2 |     | (2,913,794 | ) |     |      105.3 |

Period Ended October 31, 2024 Compared to Period Ended October 31, 2023 Revenues Total revenues decreased by 35.8% from US$2.8 million for the period ended October 31, 2023 to US$1.8 million for the period ended October 31, 2024. This decrease was primarily due to lower deployment and delivery of AGVs for the six month period ended October31, 2024 as compared to the earlier six month period ended October31, 2023, as well as a loss in sales due to the transition from the older AGV models to the introduction of the new AGV models in the market. Service and maintenance— Revenue from service and maintenance decreased by approximately US$0.8 million, or 33.9%, from approximately US$2.3 million for the year ended October 31, 2023, to approximately US$1.5 million for the year ended October 31, 2024, which was due to lower number of contracts serviced during this period.

84 Sales of robots — Sales of robots slightly decreased by US$192,697, or 48.9%, from approximately US$0.4 million for the period ended October 31, 2023, to approximately US