Company: LDDD
Filing Date: 2025-09-26
Form Type: 10-K
Source: 0001213900-25-091988
Chunk: 133

Company: Longduoduo Co Ltd
Filing Date: 2025-09-26
Form: 10-K
Item: Item 1A
Chunk 133
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 we intend to roll over into expanded advertising
and promotion expense for the purpose of achieving a broader market.

31

●$182,198
in professional fees in the year ended June 30, 2025, compared to $172,337 in recorded in the year ended June 30, 2024. In both cases,
the expense was primarily related to the costs incurred by the Company to establish and sustain its status as an SEC-reporting company
in the United States.

●$580,370
in salaries and benefits expenses in the year ended June 30, 2025, compared to $642,094 in the year ended June 30, 2024. The decrease
in our labor costs was primarily caused by the Company decreasing the number of employees due to adjustments in its operational policies.

●$722,447
in office expenses in the year ended June 30, 2025, compared to $878,968 in the year ended June 30, 2024. The decrease was mainly attributable
to the decline in revenue, which reduced additional administrative services.

Our
net income for the year ended June 30, 2025 was $492,260, compared to a net income of $1,363,278 in the year ended June 30, 2024.

Each
of the four subsidiaries of Longduoduo Health Technology has a minority shareholder holding from 10% of its equity (Qingguo) to 49% of
its equity (Tianju). For that reason, we allocate to non-controlling interests the portion of net income corresponding to the minority
interest. After that allocation of $31,825, the net income attributable to common stockholders for the year ended June 30, 2025 was $460,435
(i.e. $0.015 per share). By comparison, for the year ended June 30, 2024 we recorded a net income attributable to common stockholders
of $1,255,448.

Our reporting currency is the U.S. dollar. Our
functional currency is the local currency, which is the Renminbi (RMB) for our Chinese subsidiaries, the Hong Kong Dollar (HKD) for our
Hong Kong subsidiaries, and the U.S. Dollar (USD) for our BVI subsidiary. Results of operations and cash flow for RMB and HKD are translated
at average exchange rates during the period being reported upon, and assets and liabilities are translated at the unified exchange rate