Company: FLYE
Filing Date: 2025-12-18
Form Type: 10-Q
Source: 0001213900-25-123281
Chunk: 270

Company: Fly-E Group, Inc.
Filing Date: 2025-12-18
Form: 10-Q
Item: Item 2
Chunk 270
---
 and should not be considered
a substitute for net (loss) income as determined in accordance with U.S. GAAP.

EBITDA along with a reconciliation to net income
is shown within the Results of Operations below.

44

Results of Operations for the Three Months
Ended September 30, 2025 and 2024

The following table sets forth the components
of our results of operations for the three months ended September 30, 2025 and 2024:

    For the Three Months Ended September 30, 

    2025  
    2024  
    Change  
    Percentage  Change 
  
    Revenues, Net 
    $3,908,862  
    $6,824,406  
    $(2,915,544) 
     (42.7)%
  
    Cost of Revenues 
     2,932,341  
     3,919,952  
     (987,611) 
     (25.2)%
  
    Gross Profit 
     976,521  
     2,904,454  
     (1,927,933) 
     (66.4)%
  
    Operating Expenses 

    Selling Expenses 
     1,027,726  
     2,041,435  
     (1,013,709) 
     (49.7)%
  
    General and Administrative Expenses 
     997,218  
     2,094,078  
     (1,096,860) 
     (52.4)%
  
    Total Operating Expenses 
     2,024,944  
     4,135,513  
     (2,110,569) 
     (51.0)%
  
    Loss from Operations 
     (1,048,423) 
     (1,231,059) 
     182,636  
     (14.8)%
  
    Other Expenses, Net 
     (148,153) 
     (53,929) 
     (94,224) 
     174.7%
  
    Interest Expense, Net 
     (539,537) 
     (23,795) 
     (515,742) 
     2,167.4%
  
    Income Taxes Benefit (Expense) 
     (