Company: KMRK
Filing Date: 2025-06-05
Form Type: F-1/A
Source: 0001213900-25-051459
Chunk: 95

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-06-05
Form: F-1/A
Chunk 95
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 Shareholders after the completion of this offering, we will be a controlled company under the Nasdaq Capital Market corporate governance rules. See “ Risk Factors — Risks Related to Our Shares.” At each general meeting, each Class A shareholder who is present in person or by proxy (or, in the case of a shareholder being a corporation, by its duly authorized representative) will have one (1) vote for each Class A Share which such shareholder holds and each Class B shareholder who is present in person or by proxy (or, in the case of a shareholder being a corporation, by its duly authorized representative) will have ten (10) votes for each Class B Share which such shareholder holds. There are no prohibitions to cumulative voting under the laws of the BVI, but our Articles of Association do not provide for cumulative voting.

54 MANAGEMENT’S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our financial statements and the related notes included elsewhere in this prospectus. This discussion contains forward -looking statements reflecting our current expectations that involve risks and uncertainties. See “Special Note Regarding Forward -Looking Statements” for a discussion of the uncertainties, risks and assumptions associated with these statements. Actual results and the timing of events could differ materially from those discussed in our forward -looking statements as a result of many factors, including those set forth under “Risk Factors” and elsewhere in this prospectus. Overview We are principally engaged in the design, development, testing and sale of a diverse portfolio of toy products ranging from simple plastic toy products to more complex electromechanical toy products. Our solution services span across the entire development stage of toy products from design, prototype testing, production management, quality control to after -salesservices. We specialize in the development of infant and pre -schooleducational toys and learning kits. For the six months ended September30, 2024 and 2023, our total revenue was US$12,410,490 and US$10,212,443, respectively. For the years ended March 31, 2024 and 2023, our total revenue was US$17,123,778 and US$16,638,743, respectively. Our gross profit and net income were US$1,611,850 and US$585,975, respectively, for the six months ended September30, 2024, as compared to our gross profit and net income of US$