Company: KPEA
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006580
Chunk: 66

Company: Kun Peng International Ltd.
Filing Date: 2025-02-14
Form: 10-Q
Item: Item 1
Chunk 66
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     (524,539) 
     -  
     (698,086)
  
    Other (expense) income 
        
     (362) 
        
     45,407  
     2,034  
     47,079 
  
    Loss before income taxes 
     (135,349) 
     (38,553) 
     (7) 
     (479,132) 
     2,034  
     (651,007)
  
    Income tax expense 
     -  
     -  
     -  
     -  
     -  
     - 
  
    Net (loss) income 
    $(135,349) 
    $(38,553) 
    $(7) 
    $(479,132) 
    $2,034  
    $(651,007)

    24

Condensed
Consolidated Statements of Operations Data

    Parent  Only  
    Non-VIE and  Non-WFOE  Subsidiaries  Consolidated  
    WFOE  
    VIE and  VIE’s  Subsidiaries  Consolidated  
    Eliminating  Adjustments  
    Consolidated  Totals 

    Three Months Ended December 31, 2023 

    Parent  Only  
    Non-VIE and  Non-WFOE  Subsidiaries  Consolidated  
    WFOE  
    VIE and  VIE’s  Subsidiaries  Consolidated  
    Eliminating  Adjustments  
    Consolidated  Totals 

    Revenue 
    $-  
    $-  
    $-  
    $562,158  
    $-  
    $562,158 
  
    Intercompany revenue 
     -  
     235,043  
     -  
     -  
     (235,043) 
     - 
  
    Cost of revenue and related tax 
     -  
     466  
     -  
     148,881  
     -  
     149,347 
  
    Gross profit 
     -  
     234,577  
     -  
     413,277  
     -  
     412,811