Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 104

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 3
Chunk 104
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 Net loss 
     (1,698,001) 
     (1,789,905)
  
    Less: Net loss attributable to non-controlling interest 
     (20,309) 
     (47)
  
    Net loss attributable to Kun Peng International Ltd 
    $(1,677,692) 
    $(1,789,858)

    F-34

The
cash flows of the VIE were as follows:

    2024  
    2023 

    For the years ended September 30, 

    2024  
    2023 
  
    Cash flows from operating activities 

    Net loss 
    $(1,698,001) 
    $(1,789,905)

    Adjustments to reconcile net loss to net cash provided by (used in) operating activities 

    Impairment losses 
     8,412  
     318,999 
  
    Amortization of right-of-use assets 
     62,490  
     98,939 
  
    Loss on investment of cooperative enterprise 
     12,426  
     - 
  
    Depreciation and amortization 
     185,192  
     - 

    Changes in operating assets and liabilities 

    Advance and prepayments 
     (101,429) 
     173,345 
  
    Trade receivable – intercompany 
     (92,827) 
     (432,747)
  
    Other receivable – related party 
     (40,492) 
     - 
  
    Other receivables – third parties 
     (203,963) 
     40,544 
  
    Other receivables – intercompany 
     (850,946) 
     (494,332)
  
    Inventory 
     93,335  
     (110,954)
  
    Trade payable – third parties 
     (1,837,412) 
     1,367,773 
  
    Trade payable – intercompany 
     239,325  
     439,836 
  
    Other payables and accrual – third parties 
     130,859  
     (485,039)
  
    Other payables and accrual – intercompany 
     611,964  
     13,904 
  
    Deferred revenue 
     (1,607,