Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 99

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 3
Chunk 99
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E Subsidiaries Consolidated  
    WFOE  
    VIE and VIE’s Subsidiaries Consolidated  
    Eliminating Adjustments  
    Consolidated Totals 
  
    Revenue 
    $-  
    $-  
    $-  
    $3,917,335  
    $-  
    $3,917,335 
  
    Intercompany revenue 
     -  
     442,382  
     519,296  
     -  
     (961,678) 
     - 
  
    Cost of revenue and related tax 
     -  
     779  
     1,006  
     431,436  
     -  
     433,221 
  
    Gross profit 
     -  
     441,603  
     518,290  
     3,485,899  
     (961,678) 
     3,484,114 
  
    Total operating expenses 
     274,917  
     438,906  
     604,656  
     4,414,524  
     -  
     5,733,003 
  
    Intercompany operating expenses 
     -  
     -  
     -  
     961,678  
     (961,678) 
     - 
  
    (Loss) income from operations 
     (274,917) 
     2,697  
     (86,366) 
     (1,890,303) 
     -  
     (2,248,889)
  
    Other (expenses) income 
     -  
     (1,183) 
     461  
     100,398  
     -  
     99,676 
  
    (Loss) income before income taxes 
     (274,917) 
     1,514  
     (85,905) 
     (1,789,905) 
     -  
     (2,149,213)
  
    Income tax expense 
     -  
     -  
     -  
     -  
     -  
     - 
  
    Net (loss) income 
    $(274