Company: KPEA
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010699
Chunk: 73

Company: Kun Peng International Ltd.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 73
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 3.4 
  
    Loss before income taxes 
     (843,884) 
     (87.4) 
     (1,118,457) 
     (120.7)
  
    Income tax expense 
     -  
     -  
     13,364  
     1.4 
  
    Net loss 
    $(843,884) 
     (87.4) 
    $(1,131,821) 
     (122.1)

 42 

Revenues

For
the six months ended March 31, 2025 and 2024, revenues amounted to $965,804 and $926,666, respectively.

The following tables present disaggregated
revenues for the six months ended March 31, 2025 and 2024:

    Six Months Ended March 31, 

    2025  
    2024 

    Retail 
    $231,128  
    $543,451 
  
    Wholesale 
     -  
     2,164 
  
    Equipment-based service revenue 
     734,676  
     307,687 
  
    Technical service revenue 
     -  
     36,018 
  
    Commission revenue 
     -  
     2,953 
  
    Training revenue 
     -  
     34,393 
  
    Total 
    $965,804  
    $926,666 

We recognize our revenue on a gross
basis, net of sub-charges and value-added tax (“VAT”) on gross sales.

In addition to
revenue from retail and wholesale sales, we have developed the following sources of revenue: (i) equipment-based service revenue,
generated through providing cards for online medical consultation services and selling prepaid cards to our customers for the
use of card-operated health screening equipment located at the Kun Zhi Jian Customer Service Center; (ii) technical service revenue,
generated through promoting vendors’ products or businesses on our online platform; (iii) commission revenue, generated
through the Mini Program by selling health care instruments on behalf of third parties on a commission basis; and (iv) training
revenue, generated through offering training programs provided by a local health care service team.

We recognize equipment-based service
revenue upon the completion of medical consultation services and consuming the prepaid cards. We recognize technical service revenue upon
the completion of promoting