Company: NUTR
Filing Date: 2025-08-15
Form Type: 424B3
Source: 0001641172-25-024295
Chunk: 55

Company: NUSATRIP Inc
Filing Date: 2025-08-15
Form: 424B3
Chunk 55
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 of 98.16% in
December 31, 2023. Significant high gross profit margin is the nature of our business for which the majority of the revenue are
recognized at net basis, according to agency theory, the cost of purchase is net off in the revenue against the Gross
Merchandise Value (GMV) and the revenue is supported by operating costs. The increase is mainly attributable to the decrease in cost
of revenue for the year ended December 31, 2024.

Sales and Marketing Expenses (“S&M”)

For the year ended December 31, 2024, our sales
and marketing expenses decreased by $135,308 or 44.86% to $166,289, as compared with $301,597 for the year ended December 31, 2023. The
decrease in S&M is primarily attributable to the further cost control for related marketing and promotion.

General and Administrative Expenses (“G&A”)

For the year ended December 31, 2024, our
general and administrative expenses decreased by $286,551 or 14.12% to $1,742,420, as compared with $2,028,971 for the year ended
December 31, 2023. The decrease was mainly due to the adjustment of post-employment benefit, unclaimable sales tax and the fact that
the Company imposed an overall cost control since beginning of year 2024.

Other income (expenses)

For the year ended December 31, 2024, net other
expenses increased by $207,925 or 128.72% to $46,395, as compared to net other income of $161,530 for the year ended December 31, 2023.
The reduction is mainly due to the fixed assets written off of $67,406 for the year ended December 31, 2024 due to office renovation.

Income (Loss) before income taxes

For the year ended December 31, 2024, our loss
before income tax increased by $887,224 or 923.26% to $791,127, as compared to income before income tax of $96,097
for the year ended December 31, 2023. This is mainly caused by significant decrease in revenue.

Income Tax Expense

The company had a net reverse income tax expense
for over provision in prior year of $4,031 for the year ended December 31, 2024 while we have incurred income tax expense and