Company: FVN
Filing Date: 2025-05-02
Form Type: S-4
Source: 0001829126-25-003304
Chunk: 282

Company: Future Vision II Acquisition Corp.
Filing Date: 2025-05-02
Form: S-4
Chunk 282
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1 | % |     |      | (21,240,364 | ) |     |         |  41.7 | % |     |          | (6,875,428 | ) |     |   |  47.9 | %  |
| Total cost of revenue         |     |                                         | (51,118,054 | ) |     |         | 100.0 | % |     |      | (50,961,630 | ) |     |         | 100.0 | % |     |          |    156,424 |   |     |   |  (0.3 | )% |

Our cost of revenue decreased by RMB 0.2 million, or 0.3%, from RMB 51.1 million for the three months ended December 31, 2023 to RMB 51.0 million for the three months ended December 31, 2024.

Our Martech services costs decreased by RMB 7.0 million or 19.1%, from RMB 36.8 million for the three months ended December 31, 2023 to RMB 29.7 million for the three months ended December 31, 2024, which is due to the decline of business revenue utilizing less resource costs. Our Software development services costs increased by RMB 6.9 million or 47.9%, which is due to the company has developed more business utilizing more resource costs.

Gross profit

Our gross profit from our major revenue type is summarized as follows:

|                               |     | For the three months ended December 31, |            |   |     |      |            |   |     |          |            |    |     |          |         |    |
|                               |     |                                    2023 |            |   |     | 2024 |            |   |     | Variance |            |    |     | % of     
 variance |         |    |
| Gross profit                  |     |                                         |            |   |     |      |            |   |     |          |            |    |     |          |         |    |
| Martech services              |     |                                         | 18,373,143 |   |     |      | 14,066,772 |   |     |          | (4,306,371 | )  |     |          |   (23.4 | )% |
| Software development services |