OFA (OFAL) investor relations material

Company overview and business model

• Provides architectural, interior design, fit-out, project management, and application services in Hong Kong, with expansion plans for the US and Asia-Pacific markets.

• Focuses on innovation, efficiency, and scalability, integrating AI and digital tools such as Houzz and developing proprietary AI platforms for code compliance and design automation.

• Operates a traditional project-based model but is transitioning to a subscription-based model for AI tools and digital asset strategies.

• Launched a digital asset strategy, accepting cryptocurrency payments and planning blockchain-based mortgage solutions.

• Maintains a strong client referral base, with 90% of revenue from repeat or referred customers.

Financial performance and metrics

• Revenue declined 61.9% to $202,007 for the year ended March 31, 2025, primarily due to weak demand and economic downturn in Hong Kong.

• Net loss increased to $714,680 in 2025 from $93,197 in 2024, driven by lower revenue and higher operating expenses from US expansion.

• Gross profit margin improved to 43.9% in 2025 from 33.0% in 2024, reflecting a shift to higher-margin services.

• Cash and cash equivalents were $31,950 as of March 31, 2025, with positive working capital of $93,229.

• Outstanding bank borrowings totaled $473,566 as of March 31, 2025.

Use of proceeds and capital allocation

• May receive up to $100 million in gross proceeds from the equity facility with Atsion; 80% of net proceeds are contractually designated for cryptocurrency purchases (BTC, SOL, SUI), with the remainder for general corporate purposes.

• Proceeds are managed under strict treasury policies, with digital assets held in institutional-grade custody and minimum liquidity reserves maintained.