Company: KPEA
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006580
Chunk: 91

Company: Kun Peng International Ltd.
Filing Date: 2025-02-14
Form: 10-Q
Item: Item 1
Chunk 91
---
 months ended December 31, 2024 included in this report.

Financial
Operations Overview

Results
of operations for the three months ended December 31, 2024 and 2023

    Three Months Ended December 31, 

    2024  
    2023 

    Amount  
    % of revenue  
    Amount  
    % of revenue 

    Revenues 
    $356,519  
     100.0% 
     562,158  
     100.0%
  
    Cost of revenues 
     55,683  
     15.6  
     149,347  
     26.6 
  
    Gross profit 
     300,836  
     84.4  
     412,811  
     73.4 
  
    Operating expenses: 

    General and administrative expenses 
     652,433  
     183.0  
     547,819  
     97.4 
  
    Selling expense 
     346,489  
     97.2  
     431,988  
     76.8 
  
    Total operating expenses 
     998,922  
     280.2  
     979,807  
     174.2 
  
    Loss from operations 
     (698,086) 
     (195.8) 
     (566,996) 
     (100.8)
  
    Other income 
     47,079  
     13.2  
     32,190  
     5.7 
  
    Loss before income taxes 
     (651,007) 
     (182.6) 
     (534,806) 
     (95.1)
  
    Income tax expense 
     -  
     -  
     -  
     - 
  
    Net loss 
    $(651,007) 
     (182.6)% 
     (534,806) 
     (95.1)%

Revenues

For
the three months ended December 31, 2024 and 2023, revenues amounted to $356,519 and $562,158, respectively.

40

The
following tables present disaggregated revenues for the three months ended December 31, 2024 and 202