Company: FOXX
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-043597
Chunk: 78

Company: Foxx Development Holdings Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 78
---

the same period in 2024. Other service cost increased by approximately $21,000, or 100.0% to approximately $21,000 for the nine months
ended March 31, 2025 from $0 for the same period in 2024.

42

Gross Profit

Our gross profit increased
by approximately $3.2 million, or 5,329.2%, to approximately $3.3 million for the nine months ended March 31, 2025, from approximately
$60,000 for the nine months ended March 31, 2024.

Our gross profit from their
major revenue categories is summarized as follows:

    For the Nine Months Ended March 31, 

    2025  
    2024  
    Change  
    Change  (%) 

    (Unaudited)  
    (Unaudited)  

    Tablet products 

    Gross profit 
    $79,956  
    $175,192  
    $(95,236) 
     (54.4)%
  
    Gross profit percentage 
     20.4% 
     26.6% 
     (6.3)% 

    Mobile phone products 

    Gross profit (loss) 
    $1,121,406  
    $(115,291) 
    $1,236,697  
     1,072.7%
  
    Gross profit (loss) percentage 
     2.4% 
     (16.7)% 
     19.1% 

    Wearable products and others 

    Gross profit 
    $409,519  
    $-  
    $409,519  
     100.0%
  
    Gross profit percentage 
     12.2% 
     0.0% 
     12.2% 

    App service commission revenue and others 

    Gross profit 
    $1,641,274  
    $-  
    $1,641,274  
     100.0%
  
    Gross profit percentage 
     98.8% 
     0.0% 
     98.8% 

    Total 

    Gross profit 
    $3,252,155  
    $59,901  
    $3,192,254  
     5,329.2