Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 411

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 411
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 in Q2-2024. For the six months ended June 30, 2025, gross profit fell to $213,960, compared to $262,593 for the same period in 2024. This decline was the result of decreased sales volume and changes in product mix during the period. The gross profit margin remained consistent at 13% in Q2-2024 and Q2-2025, as well as in the first half of both 2024 and 2025. Operating Expenses — Selling and Marketing Selling and marketing expenses decreased to $38,515 in Q2-2025, down from $38,947 in Q2-2024. This represents a minor decrease of $432, or 1%. For the six months ended June 30, 2025, selling and marketing expenses increased to $75,107, up from $69,165 for the same period in 2024. There are ongoing selling and marketing expenses to support revenue. In line with this, there has been an increase of $5,942 in selling and marketing expenses, the increase in selling and marketing expenses consistent with the Company’s operational strategy and reflect a deliberate effort to strengthen brand presence and sustain sales momentum. Operating Expenses — General and Administrative General and administrative expenses decreased to $159,752 in Q2-2025 from $210,042 in Q2-2024, representing a decrease of $50,290, or 24%. For the six months ended June 30, 2025, general and administrative expenses increased to $278,954, up from $342,976 for the same period in 2024. These changes were primarily driven by a decrease in the Superannuation Guarantee Charge for both the quarter ended and the six months ended June 30, 2025, compared to the prior period. Loss from Operations Loss from operations was $86,824 in Q2-2025 compared to a loss from operations of $120,139 in Q2-2024. This decrease in loss from operations of $33,315 was primarily driven by a decrease in administration expenses arising from Superannuation Guarantee Charge offset by decrease in revenue. For the six months

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ended June 30, 2025, loss from operation decrease to $140,102 from $149,548 for the same period in 2024 was primarily driven by a decrease in administration expenses arising from superannuation guarantee charge. Results of Operations — Australia Third-Party Produced