Company: LDDD
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-013782
Chunk: 216

Company: Longduoduo Co Ltd
Filing Date: 2025-02-14
Form: 10-Q
Item: Part II, Item 8
Chunk 216
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,473  
     (1,192,482)
  
    Cash and cash equivalents, beginning of period 
     1,404,042  
     1,136,562  
     267,480 
  
    Cash and cash equivalents, end of period 
    $1,619,033  
    $2,544,035  
    $(925,002)

Net Cash Provided by Operating Activities

For the six months ended December 31, 2024, our
operating activities provided $280,261 in cash, compared to $1,603,516 provided by operating activities for the six months ended December
31, 2023. The cash inflow that we realized during the six months ended December 31, 2024 was less than the net income of $442,095 recorded
for that period primarily due to a$344,758 reduction in the amount of deposits by customers for future services.

5

During the six months ended December 31, 2023
we recorded $1,603,516 in net cash provided by operating activities although our net income for that period was only $477,572. The primary
source of cash from operations in the six months ended December 31, 2023 was an increase of $1,157,063 in deposits by customers that we
recorded as Deferred Revenue.

Net Cash Used in Investing Activities

Net cash used in investing activities for the
six months ended December 31, 2024 was $56,306, compared to $250,820 for the six months ended December 31, 2023. In both periods, the
cash was used for the purchase of fixed assets and office decoration.

Trends, Events and Uncertainties

The U.S. government, including the SEC, has made
statements and taken actions that have led to changes in relations between the U.S. and China, and will impact companies with connections
to the United States or China. Those actions by the U.S. government included imposing several rounds of tariffs affecting certain products
manufactured in China and imposing sanctions and restrictions in relation to China. Actions by the SEC included issuing statements indicating
that it would make enhanced review of companies with significant China-based operations. It is unknown whether and to what extent new
legislation, executive orders, tariffs, laws or regulations will be adopted, or the effect that any such actions would have on U.S.-domiciled
companies with significant connections to China,