Company: FLYE
Filing Date: 2025-02-19
Form Type: 10-Q
Source: 0001213900-25-015334
Chunk: 170

Company: Fly-E Group, Inc.
Filing Date: 2025-02-19
Form: 10-Q
Item: Part I, Item 8
Chunk 170
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750,202) 
     (23.6)%
  
    Cost of Revenues 
     3,116,940  
     4,455,399  
     (1,338,459) 
     (30.0)%
  
    Gross Profit 
     2,561,070  
     2,972,813  
     (411,743) 
     (13.9)%
  
    Operating Expenses 

    Selling Expenses 
     1,943,633  
     1,935,498  
     8,135  
     0.4%
  
    General and Administrative Expenses 
     1,557,716  
     843,326  
     714,390  
     84.7%
  
    Total Operating Expenses 
     3,501,349  
     2,778,824  
     722,525  
     26.0%
  
    (Loss) Income from Operations 
     (940,279) 
     193,989  
     (1,134,268) 
     (584.7)%
  
    Other Income (Expenses), Net 
     (16,699) 
     (53,824) 
     37,125  
     (69.0)%
  
    Interest Expenses, Net 
     (155,673) 
     (31,558) 
     (124,115) 
     393.3%
  
    Income Tax Benefit (Expense) 
     428,164  
     (87,718) 
     515,882  
     (588.1)%
  
    Net (Loss) Income 
    $(684,487) 
    $20,889  
    $(705,376) 
     (3376.8)%

Revenues

    For the Three Months Ended December 31, 

    2024  
    2023  
    Change  
    Percentage  Change 
  
    Sales-Retail 
    $4,914,741  
    $6,292,490  
    $(1,377,749) 
     (21.9)%
  
    Sales-Wholesale 
     714,308  
     1,135,722  
     (421,