OFA Group (OFAL) Registration Filing summary

Company overview and business model

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

• Integrates AI and digital tools (e.g., Houzz, proprietary TransBIM system) to enhance design efficiency and compliance.

• Operates a project-based revenue model, with a growing focus on subscription-based AI tools and digital asset strategies.

• Launched a digital asset treasury and accepts cryptocurrency payments for services, with plans to tokenize real-world assets.

• Maintains strong client relationships, with a high proportion of repeat and referral business.

Financial performance and metrics

• For the six months ended September 30, 2025: revenue $634,222 (up 405% YoY), gross profit $204,157 (up 469% YoY), net loss $3,432,452 (vs. $192,862 loss prior year).

• For the year ended March 31, 2025: revenue $202,007 (down 62% YoY), gross profit $88,631 (down 49% YoY), net loss $714,680 (vs. $93,197 loss prior year).

• Cash and cash equivalents as of September 30, 2025: $505,786; working capital deficit of $3,187,582.

• IPO in May 2025 raised $15 million gross proceeds; additional capital raised via convertible preferred shares and equity facility.

• Significant increase in operating expenses due to US expansion, professional services, and marketing.

Use of proceeds and capital allocation

• Up to $100 million in gross proceeds from equity facility with Atsion; 80% contractually allocated to cryptocurrency purchases (BTC and SOL), 20% for general corporate purposes.

• Proceeds from IPO and private placements used for working capital, AI platform development, and US market expansion.

• Structured liquidity plan includes minimum cash reserves, rebalancing protocols, and risk controls for digital asset holdings.