Company: FLYE
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001213900-25-064293
Chunk: 400

Company: Fly-E Group, Inc.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 1B
Chunk 400
---
OLIDATED STATEMENTS OF OPERATIONS AND

COMPREHENSIVE (LOSS) INCOME

(Expressed in U.S. dollars, except for the
number of shares)

    For the Years Ended  March 31, 

    2025  
    2024 
  
    Revenues 
    $25,427,163  
    $32,205,666 
  
    Cost of Revenues 
     14,976,266  
     19,099,120 
  
    Gross Profit 
     10,450,897  
     13,106,546 

    Operating Expenses 

    Selling Expenses 
     7,403,374  
     5,914,786 
  
    General and Administrative Expenses 
     7,607,489  
     3,931,203 
  
    Total Operating Expenses 
     15,010,863  
     9,845,989 
  
    Income (Loss) from Operations 
     (4,559,966) 
     3,260,557 

    Other Income (Expenses), net 
     10,588  
     (30,352)
  
    Interest Expenses, net 
     (405,615) 
     (152,050)
  
    Income (Loss) Before Income Taxes 
     (4,954,993) 
     3,078,155 
  
    Income Tax Expense 
     (336,166) 
     (1,182,933)
  
    Net Income (Loss) 
    $(5,291,159) 
    $1,895,222 

    Other Comprehensive Income (Loss) 

    Foreign currency translation adjustment 
     (27,230) 
     (13,829)
  
    Total Comprehensive Income (Loss) 
    $(5,318,389) 
    $1,881,393 

    Earnings (Losses) per Share* 
    $(1.10) 
    $0.43 
  
    Weighted Average Number of Common Stock 

    – Basic and Diluted* 
     4,821,010  
     4,400,000 

  * Shares and per share data are presented on a retroactive basis to reflect
the 1-for-110,000 stock split completed on April 2, 2024 and the