Company: KPEA
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023821
Chunk: 73

Company: Kun Peng International Ltd.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 73
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    Equipment-based service revenue 
     292,081  
     158,167 
  
    Technical service revenue 
     -  
     - 
  
    Commission revenue 
     -  
     - 
  
    Training revenue 
     -  
     20,323 
  
    Total 
    $332,076  
    $428,647 

Our
cost of revenue for the nine months ended June 30, 2025 was $332,076, a $96,571, or 22.5%, decrease over our cost of revenue for
the nine months ended June 30, 2024 of $428,647. Our cost of revenue primarily consisted of the purchase of consumer health care and
health related household products from our suppliers and payments related to maintaining health screening equipment. For the nine
months ended June 30, 2024, we also had  payments
of training fees and related reimbursements to our third-party trainers; however, no such costs were incurred during the nine months
ended June 30, 2025 due to the suspension of the related business. We made our retail product sales through our King Eagle Mall and
our Kun Zhi Jian Mini Program. We also offered equipment-based services through the Kun Zhi Jian Mini Program. We pay an
equipment-based service fee that includes a prepaid card activation fee and a technical support fee. 

42

During
the nine months ended June 30, 2025, our cost of revenue decreased in line with the decrease in revenue as a result of the
termination of two subsidiaries’ businesses.

Gross
profit

    Nine
months ended
                                                                               June 30, 

    2025  
    2024 

    Retail 
    $212,372  
    $734,687 
  
    Wholesale 
     -  
     1,010 
  
    Equipment-based service revenue 
     529,158  
     381,463 
  
    Technical service revenue 
     -  
     35,959 
  
    Commission revenue 
     -  
     2,948 
  
    Training revenue 
     -  
     14,014 
  
    Total 
    $741,530  
    $1,170,081 

For
the nine months ended June 30, 2025 and 2024, our overall gross profit and margin was $741