Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 587

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 1
Chunk 587
---
078,741  
    $3,917,335 
  
    Cost of revenue 
      
     (605,638) 
     (433,221)
  
    Gross profit 
      
     1,473,103  
     3,484,114 

    Operating expenses 

    General and administrative expenses 
      
     1,818,877  
     2,416,372 
  
    Selling expense 
      
     1,655,024  
     3,316,631 
  
    Total operating expenses 
      
     3,473,901  
     5,733,003 

    Loss from operations 
      
     (2,000,798) 
     (2,248,889)

    Other income, net: 

    Other income 
      
     31,925  
     99,676 
  
    Less: Interest expense for finance lease 
      
     (6,253) 
     - 
  
    Investment loss on associate 
      
     (12,426) 
     - 
  
    Other expense 
      
     (1,708) 
     - 
  
    Total other income, net 
      
     11,538  
     99,676 

    Loss before income taxes 
      
     (1,989,260) 
     (2,149,213)

    Income tax expense 
    12 
     2,487  
     - 

    Net loss 
      
     (1,991,747) 
     (2,149,213)
  
    Less: Net loss attributable to non-controlling interest 
      
     (20,309) 
     (47)
  
    Net loss attributable to Kun Peng International Ltd 
      
     (1,971,438) 
     (2,149,166)
  
    Foreign currency translation adjustment 
      
     (226,916) 
     147,374 
  
    Comprehensive loss 
      
     (2,218,663) 
     (2,001,839)
  
    Less: Comprehensive loss attributable to non-controlling interest 
      
     (20,309) 
     (47)