Company: MASK
Filing Date: 2025-11-25
Form Type: F-1
Source: 0001185185-25-001852
Chunk: 139

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-11-25
Form: F-1
Chunk 139
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 |  (45,688 | ) |
| Net increase in cash and cash equivalents                    |     |                     |    261,757 |   |     |   |   32,413 |   |     |   |  (27,369 | ) |
| Cash and cash equivalents at the beginning of period         |     |                     |     51,809 |   |     |   |   19,396 |   |     |   |   46,765 |   |
| Cash and cash equivalents at the end of period               |     | $                   |    313,566 |   |     | $ |   51,809 |   |     | $ |   19,396 |   |

To date, we have financed our operations primarily through borrowings from our stockholders, related and unrelated parties. Operating Activities Net cash used in operating activities from continuing operations for the year ended June 30, 2025 was US$376,065 (total of US$13,832 provided by operating activities including net cash provided by operating activities from discontinued operations of US$389,897), mainly comprising a net income from continuing operations of US$1,477,806, a non-cash adjustment for loss on disposal of subsidiaries of $880,707 and an increase in tax payables and other liabilities of US$1,010,090, offset by an increase in accounts receivable of US$2,679,313, and an increase in advances to suppliers of US$1,167,355. 79 Net cash provided by operating activities from continuing operations for the year ended June 30, 2024 was US$250,776 (total of US$929,203 provided by operating activities including net cash provided by operating activities from discontinued operations of US$678,427), mainly comprising a net income from continuing operations of US$702,604 and an increase in tax payables of US$114,958, offset by an increase in accounts receivable of US$539,261. Net cash used in operating activities from continuing operations for the year ended June 30, 2023 was US$72,525 (total of US$901,288 provided by operating activities including net cash provided by operating activities from discontinued operations of US$973,813), mainly comprising a net income from continuing operations of US$14,022, offset by an decrease in other liabilities of US$90,201. Investing Activities Net cash used in investing activities was US$2