Company: KPEA
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023821
Chunk: 71

Company: Kun Peng International Ltd.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 71
---
076  
     30.9  
     428,647  
     26.8 
  
    Gross profit 
     741,530  
     69.1  
     1,170,081  
     73.2 
  
    Operating expenses: 

    General and administrative expenses 
     1,196,450  
     111.4  
     1,429,945  
     89.4 
  
    Selling expense 
     993,742  
     92.6  
     1,174,826  
     73.5 
  
    Total operating expenses 
     2,190,192  
     204.0  
     2,604,771  
     162.9 
  
    Loss from operations 
     (1,448,662) 
     (134.9) 
     (1,434,690) 
     (89.7)
  
    Other income 
     559,913  
     52.1  
     30,663  
     1.9 
  
    Loss before income taxes 
     (888,749) 
     (82.8) 
     (1,404,027) 
     (87.8)
  
    Income tax expense 
     -  
     -  
     16,029  
     1.0 
  
    Net loss 
    $(888,749) 
     (82.8) 
    $(1,420,056) 
     (88.8)

Revenues

For
the nine months ended June 30, 2025 and 2024, revenues amounted to $1,073,606 and $1,598,728, respectively.

41

The
following table presents revenues disaggregated by customer type for the nine months ended June 30, 2025 and 2024:

    Nine
months ended
                                                                               June 30, 

    2025  
    2024 

    Retail 
    $252,367  
    $983,694 
  
    Wholesale 
     -  
     2,164 
  
    Equipment-based service revenue 
     821,239  
     539,630 
  
    Technical service revenue 
     -  
     35,959