Company: DKI
Filing Date: 2025-06-13
Form Type: F-1
Source: 0001641172-25-015001
Chunk: 99

Company: DarkIris Inc.
Filing Date: 2025-06-13
Form: F-1
Chunk 99
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 the fiscal year ended September 30, 2024, our quarterly Average MDU demonstrated strong growth momentum, particularly in Q2 and Q3. Average MDU of the fiscal year ended September 30,2024 surged from 43,273 in Q1 to 110,111 in Q2, representing a remarkable 154.5% quarter-over-quarter increase. This was one of the most significant quarterly growth figures of the fiscal year ended September 30, 2024 and underscores our exceptional execution in product promotion and market penetration.

This substantial increase can be primarily attributed to several key factors. The surge was largely driven by a concentrated rollout of new product lines, which fueled a sharp rise in organic traffic. Between Q1 and Q2 for the fiscal year ended September 30, 2024, we launched several new games, including Floating Sky and Wei, Su & Wu, as part of our strategic product pipeline. These games were major research and development initiatives backed by comprehensive multi-channel promotional campaigns. Their successful market reception upon release significantly contributed to the spike in organic user downloads, serving as a major source of quarterly user growth.

(1) Quarterly Average MDU refers to the Average
MDU calculated on a quarterly basis, facilitating year-over year comparisons.

Results of Operations for the Financial Years ended September 30, 2024 and 2023

|                                     |     | For                                 
 the Financial Years Ended September 
 30,                                 |       2024 |   |     |   |       2023 |   |     | Variance |     Amount |   |     |     |        % |    |
|:------------------------------------|:----|:------------------------------------|-----------:|:--|:----|:--|-----------:|:--|:----|:---------|-----------:|:--|:----|:----|---------:|:---|
| Revenues                            |     | $                                   |  7,920,461 |   |     | $ |  3,951,074 |   |     | $        |  3,969,387 |   |     |     |    100.5 | %  |
| Cost of revenues                    |     |                                     | (4,912,281 | ) |     |   | (1,551,295 | ) |     |          |  3,360,986 |   |     |     |    216.7 | %  |
| Gross profit                        |