Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 389

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 8
Chunk 389
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    receivables from the parent entity represent loans from King Eagle (China) to the parent entity for working capital purposes.

    (3)
    Intercompany
    payables to King Eagle (China) and VIE represent loans from King Eagle (China) and VIE to the parent entity for working capital purposes.

    F-30

Consolidated
Statements of Operations Data

SCHEDULE OF VIE DATA OF OPERATION 

For
the fiscal year ended September 30, 2024

    Parent Only  
    Non-VIE and Non-WFOE Subsidiaries Consolidated  
    WFOE  
    VIE and VIE’s Subsidiaries Consolidated  
    Eliminating Adjustments  
    Consolidated Totals 
  
    Revenue 
    $-  
    $-  
    $-  
    $2,078,741  
    $-  
    $2,078,741 
  
    Intercompany revenue 
     -  
     700,576  
     -  
     -  
     (700,576) 
     - 
  
    Cost of revenue and related tax 
     -  
     21,378  
     -  
     584,260  
     -  
     605,638 
  
    Gross profit 
     -  
     679,198  
     -  
     1,494,481  
     (700,576) 
     1,473,103 
  
    Total operating expenses 
     203,479  
     760,968  
     319  
     3,201,495  
     (692,360) 
     3,473,901 
  
    Intercompany operating expenses 
     -  
     -  
     -  
     630,162  
     (630,162) 
     - 
  
    (Loss) income from operations 
     (203,479) 
     (81,770) 
     (319) 
     (1,695,514) 
     (8,216) 
     (1,989,260)
  
    Other (expenses) income 
     -  
     38  
     -  
     11,500