Company: MASK
Filing Date: 2025-12-30
Form Type: F-1
Source: 0001185185-25-002198
Chunk: 83

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-12-30
Form: F-1
Chunk 83
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|                               |     | Revenue |               |     | % |     |     | Revenue |               |     | % |     |     | Variance |           |     | % |     |
| Software development services |     |         |     4,835,167 |     |   | 100 |     |         |       859,344 |     |   | 100 |     |          | 3,975,823 |     |   | 463 |
| Total                         |     |         |     4,835,167 |     |   | 100 |     |         |       859,344 |     |   | 100 |     |          | 3,975,823 |     |   | 463 |

Our total revenues increased by US$3,975,823, or 462.66%, to US$4,835,167 for the year ended June 30, 2025 from US$859,344 for the year ended June 30, 2024. The increase in overall revenues reflects a recovery from the operational challenges experienced during the year ended June 30, 2024, caused by COVID-19 restrictions in our operating markets. This growth is also attributed to our efforts in attracting new customers. 47 Revenue from software development services increased by US$3,975,823 or 462.66% to US$4,835,167 for the year ended June 30, 2025 from US$859,344 for the year ended June 30, 2024. This was driven by our efforts to expand our customer base and develop new software tailored to the needs of new customers. Cost of revenues Our cost of revenues comprise mainly outsourcing fees, employee salaries, social security and housing funds, and other incidental expenses. Cost of revenues increased by US$2,395,317 or 7752.84% to US$2,426,213 for the year ended June 30, 2025 from US$30,896 for the year ended June 30, 2024. The increase in cost of revenues was primarily attributable to our efforts to expand the customer base, aligned with our overall revenue growth. As a percentage of revenue, our cost of revenues increased to 50.18% for the year