Company: FLYE
Filing Date: 2025-02-19
Form Type: 10-Q
Source: 0001213900-25-015334
Chunk: 3

Company: Fly-E Group, Inc.
Filing Date: 2025-02-19
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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(82,150)
  
    Income (Loss) Before Income Taxes 
     (1,112,651) 
     108,607  
     (2,528,497) 
     1,939,885 
  
    Income Tax Benefit (Expense) 
     428,164  
     (87,718) 
     521,654  
     (731,997)
  
    Net Income (Loss) 
    $(684,487) 
    $20,889  
    $(2,006,843) 
    $1,207,888 

    Other Comprehensive Income (Loss) 

    Foreign currency translation adjustment 
     (22,516) 
     3,101  
     (19,542) 
     3,101 
  
    Total Comprehensive Income (Loss) 
    $(707,003) 
    $23,990  
    $(2,026,385) 
    $1,210,989 

    Earnings (Losses) per Share* 
    $(0.03) 
    $0.001  
    $(0.08) 
    $0.05 
  
    Weighted Average Number of Common Stock 

    – Basic and Diluted* 
     24,587,500  
     22,000,000  
     23,946,578  
     22,000,000 

  * Shares and per share data are presented on a retroactive basis to reflect the stock split completed on April 2, 2024. 

The accompanying notes are an integral part of these unaudited condensed
consolidated financial statements. 

2

FLY-E GROUP, INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS
OF CHANGES IN

STOCKHOLDERS’ EQUITY 

(Expressed in U.S. dollars, except for the
number of shares)

    Preferred Stock  
    Common Stock  
    Additional  Paid-in  
    Shares   Subscription  
    Accumulated Other  
    Retained  
    Total Stockholders’ 

    Shares*  
    Amount  
    Shares*  
    Amount  
    Capital  
    Receivables  
    Comprehensive  
    Earnings  
    Equity 

    Balance at March 31, 2024 
     —