Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 651

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 1A
Chunk 651
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 $1,991,747 and $2,149,213, for the years ended September
30, 2024 and 2023, respectively. We have generated very limited revenue. Our current operations are small with a short history. We
may be unable to achieve our performance targets, which will impact the Company’s operating results. Our ability to achieve
profitability depends on the competitiveness of our products and services as well as our ability to control costs and to provide new
products and services to meet the market demands and attract new customers. Due to the numerous risks and uncertainties associated
with the development of our business, we cannot guarantee that we will be able to achieve profitability in the short-term or
long-term. The Company focus on increasing its revenue through the sale of health care products and equipment service from
card-operated health screening equipments on its new online platform, Kun Zhi Jian and Kun Zhi Jian Mini Program, and promoting its own brand of preventive
health care related products to reduce its costs of goods sold, streamlining its overhead costs, or
obtaining financing from its stockholders or directors. Management may seek additional funds, primarily through the issuance of
equity securities for cash and loans from our officers and controlling stockholders, to operate our business and estimates that
additional capital will be necessary to support our operations and growth.

We
have a limited operating history and face many of the risks and difficulties frequently encountered by development stage companies.

Our
operating entity and our VIE, King Eagle (China), Kun Peng Tian Yu, and King Eagle VIE, commenced their operations in June 2020, August
2021, and September 2020, respectively. As a result of our limited operating history, our ability to accurately forecast our future operating
results is limited and subject to a number of uncertainties. We have encountered, and will continue to encounter, risks and uncertainties
frequently experienced by growing companies in rapidly changing industries, such as the risks and uncertainties described herein. If
our assumptions regarding these risks and uncertainties (which we use to plan our business) are incorrect or changed due to changes in
our markets, or if we do not address these risks and uncertainties successfully, our operating and financial results could differ materially
from our expectations, and our business could suffer.

The
market in which we participate is intensely competitive, and if we do not compete effectively, our operating results could be harmed.

The
market for health care and household products and services is fragmented, rapidly evolving