Company: KPEA
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010699
Chunk: 94

Company: Kun Peng International Ltd.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 2
Chunk 94
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 currency are included in the results of operations as incurred. As a result of foreign currency
translation, which is a noncash adjustment, we reported foreign currency translation loss of $41,427 and income of $97,909 for the three months ended March
31, 2025 and 2024, respectively.

Comprehensive loss

We recognized a comprehensive
loss of $234,304 and $499,526 for the three months ended March 31, 2025 and 2024, respectively.

Results of operations for the six months ended
March 31, 2025 and 2024

    Six Months Ended  March 31, 

    2025  
    2024 

    Amount  
    % of revenue  
    Amount  
    % of revenue 

    Revenues 
    $965,804  
     100.0  
    $926,666  
     100.0 
  
    Cost of revenues 
     154,288  
     16.0  
     248,383  
     26.8 
  
    Gross profit 
     811,516  
     84.0  
     678,283  
     73.2 
  
    Operating expenses: 

    General and administrative expenses 
     965,047  
     99.9  
     1,076,276  
     116.1 
  
    Selling expense 
     859,397  
     89.0  
     752,214  
     81.2 
  
    Total operating expenses 
     1,824,444  
     188.9  
     1,828,490  
     197.3 
  
    Loss from operations 
     (1,012,928) 
     (104.9) 
     (1,150,207) 
     (124.1)
  
    Other income 
     169,044  
     17.5  
     31,750  
     3.4 
  
    Loss before income taxes 
     (843,884) 
     (87.4) 
     (1,118,457) 
     (120.7)
  
    Income tax expense 
     -  
     -  
     13,364