Company: IMG
Filing Date: 2025-11-18
Form Type: 10-Q/A
Source: 0001493152-25-024067
Chunk: 37

Company: CIMG Inc.
Filing Date: 2025-11-18
Form: 10-Q/A
Chunk 37
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 | Six months ended 
 March 31,        |   2025 |     |   |      2024 |     | Change | Dollars    |   |     |     | %      |    |
|:--------|:----|:-----------------|-------:|:----|:--|----------:|:----|:-------|:-----------|:--|:----|:----|:-------|:---|
| Revenue |     | $                | 22,853 |     | $ | 1,289,338 |     | $      | (1,266,485 | ) |     |     | (98.23 | )% |

For the six months ended March 31, 2025, our revenue decreased by $1,266,485, or approximately 98.23%, compared to the same period in 2024. The decline was primarily attributable to the Company’s strategic shift toward expanding new sales channels and intensifying new product launches during 2025, which are expected to support revenue growth in the fourth quarter.

Cost of sales and gross margin

|                       |     | Six months ended 
 March 31,        |   2025 |   |     |   |      2024 |    |     | Change |    Dollars |   |     |     | %       |    |
|:----------------------|:----|:-----------------|-------:|:--|:----|:--|----------:|:---|:----|:-------|-----------:|:--|:----|:----|:--------|:---|
| Cost of sales         |     | $                |  7,374 |   |     | $ | 1,321,309 |    |     | $      | (1,313,935 | ) |     |     | (99.44  | )% |
| Gross profit (loss)   |     | $                | 15,479 |   |     | $ |   (31,971 | )  |     | $      |     47,450 |   |     |     | (148.42 | )% |
| Gross profit (loss) % |     |                  |  67.73 | % |     |   |     (2.48 | )% |     |        |          - |   |     |     | -       |    |

For the six months ended March 31, 2025