Company: LDDD
Filing Date: 2025-09-26
Form Type: 10-K
Source: 0001213900-25-091988
Chunk: 470

Company: Longduoduo Co Ltd
Filing Date: 2025-09-26
Form: 10-K
Item: Item 6
Chunk 470
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 the United States.

●$580,370
in salaries and benefits expenses in the year ended June 30, 2025, compared to $642,094 in the year ended June 30, 2024. The decrease
in our labor costs was primarily caused by the Company decreasing the number of employees due to adjustments in its operational policies.

●$722,447
in office expenses in the year ended June 30, 2025, compared to $878,968 in the year ended June 30, 2024. The decrease was mainly attributable
to the decline in revenue, which reduced additional administrative services.

Our
net income for the year ended June 30, 2025 was $492,260, compared to a net income of $1,363,278 in the year ended June 30, 2024.

Each
of the four subsidiaries of Longduoduo Health Technology has a minority shareholder holding from 10% of its equity (Qingguo) to 49% of
its equity (Tianju). For that reason, we allocate to non-controlling interests the portion of net income corresponding to the minority
interest. After that allocation of $31,825, the net income attributable to common stockholders for the year ended June 30, 2025 was $460,435
(i.e. $0.015 per share). By comparison, for the year ended June 30, 2024 we recorded a net income attributable to common stockholders
of $1,255,448.

Our reporting currency is the U.S. dollar. Our
functional currency is the local currency, which is the Renminbi (RMB) for our Chinese subsidiaries, the Hong Kong Dollar (HKD) for our
Hong Kong subsidiaries, and the U.S. Dollar (USD) for our BVI subsidiary. Results of operations and cash flow for RMB and HKD are translated
at average exchange rates during the period being reported upon, and assets and liabilities are translated at the unified exchange rate
as quoted by OANDA on the balance sheet date. Translation adjustments resulting from this process are included in other comprehensive
income (loss). For the years ended June 30, 2025 and 2024, foreign currency translation adjustments of $22,921 and $(11,722), respectively,
have been reported as other comprehensive income in the consolidated statement of operations and comprehensive income.

Liquidity
and Capital Resources

As
of June 30,