Company: JSKJ
Filing Date: 2025-11-17
Form Type: F-1
Source: 0001477932-25-008401
Chunk: 112

Company: Jiansu (Shanghai) Information Technology Co., Ltd
Filing Date: 2025-11-17
Form: F-1
Chunk 112
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 |                                    |      876,594 |   |     |   |      821,098 |   |     |        |      55,496 |   |     |     |   6.8 | %  |
| Income taxes (expenses)             |     |                                    |      (42,998 | ) |     |   |            - |   |     |        |     (42,998 | ) |     |     |  (100 | )% |
| Net income (loss)                   |     | $                                  |    2,087,694 |   |     | $ |     (602,317 | ) |     | $      |   2,690,011 |   |     |     | 446.6 | %  |

| 78 |

Revenue

Our revenue increased by approximately $63.1 million, or 12.9%, from approximately $489.4 million for the fiscal year ended June 30, 2023 to approximately $552.5 million for the fiscal year ended June 30, 2024. The increase in revenue is primarily due to the following factors:

(i) Increase in demand amid global economic recovery: The orders made by our customers via our platform had increased as the global economy rebounded and the pandemic came to an end.

(ii) Expansion of our marketing and sales efforts: In response to the growing market opportunities, we had expanded our sales teams across various cities in China. This strategic initiative had not only enhanced our market penetration but also diversified our customer base. By broadening our sales channels, we had effectively captured a larger market share, contributing significantly to our revenue growth.

Cost of Revenue

Our cost of revenues primarily consists of products purchase cost and sales related taxes. Cost of revenue generally is generally affected by factors such as availability of products in the market, purchase price of third-party products, changes in sales volume and product mix.

The following table sets forth the breakdown of our cost of revenues for the fiscal years ended June 30, 2024 and 2023:

|                                   |     | For the Fiscal Years Ended June 30, |             |     |   |      |   |     |      |             |     | Change |      |   |     |   |            |     |   |       |   |
|:----------------------------------|:----|------------------------------------:|------------:|:----|:--|-----:|:--|:----|-----:|------------:|: