Company: AOAO
Filing Date: 2025-07-30
Form Type: S-1/A
Source: 0001641172-25-021532
Chunk: 64

Company: Alpha One Inc.
Filing Date: 2025-07-30
Form: S-1/A
Chunk 64
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 our PRC subsidiaries to fund cash and financing requirements. Any limitation on the ability of our PRC subsidiaries to pay dividends to us could have a material adverse effect on our ability to conduct our business and to pay dividends to shareholders of our ordinary shares. The ability of our subsidiaries in China to make dividends or other cash payments to us is subject to various restrictions under PRC laws and regulations.

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Cash Flows

|                                                              |     | Years Ended March 31, |       2025 |   |     |   |     2024 |   |     |   |     Change |   |
|:-------------------------------------------------------------|:----|:----------------------|-----------:|:--|:----|:--|---------:|:--|:----|:--|-----------:|:--|
| Cash flows used in operating activities                      |     | $                     | (1,695,892 | ) |     | $ | (694,052 | ) |     | $ | (1,001,840 | ) |
| Cash flows used in investing activities                      |     |                       |    (29,964 | ) |     |   |  (30,162 | ) |     |   |       (198 | ) |
| Cash flows provided by financing activities                  |     |                       |  1,327,509 |   |     |   |  832,159 |   |     |   |    495,350 |   |
| Effect of exchange rate changes on cash and cash equivalents |     |                       |     15,279 |   |     |   |  (54,257 | ) |     |   |     69,536 |   |
| Net changes in cash and cash equivalents                     |     | $                     |   (383,068 | ) |     | $ |   53,688 |   |     | $ |   (436,756 | ) |

Cash Flow from Operating Activities

Cash
flow used in operating activities for the year ended March 31, 2025 was $1,695,892, represented an increase of $1,001,218 compared to last year. This change was mainly due to (i) a decrease of 862,485 in accounts receivable; (ii) an increase of $148,201 in contract costs; (iii) an increase of $1,400,130 in prepaymen and other current assets; (iv) a decrease of $690,523