Company: NUTR
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001641172-25-000449
Chunk: 73

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 73
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 $6,389 for the year ended December 31, 2024 from$139,921 for the year
ended December 31, 2023 from $59,470 for the year ended December 31, 2022 are in line with the increasedue to the drop of refund margin forair ticket and hotel reservation. The overall increase was partially offset by the. The decrease of hotel technology platform software service of $125,2063,656 or 97.2734.84%,
to $6,837 for the year ended December 31, 2024 from $10,493 for the year ended December 31, 2022 from $135,699 for the year ended December 31, 20222023 is due to the dropping of Vietnam hotel technology platform software service subscription, which earned from local hotel for local cross-border traveler during the COVID19 countries border restriction in year 2022.

Cost of Revenue

For the year ended December 31, 20232024,
our cost of revenue foris hotel technology platform software service subscription, increaseddecreased
by $41,18524,757 or 3,07158.22% to $42,52617,769, as compared
to $1,34142,526 for the year ended December 31, 20222023. The increase in costdecrease is due to termination of some highsoftware subscription was due to the expansion of direct Vietnam IT team and software costs in year 2023. However, the expansion and software cost invested did not bring in expected revenue due to demand drop for local hotel stay after reopening of country border, local traveler reduced. No cost of revenue of online advertising revenue was recorded as online advertisement is shown on our ready/ongoing website and mobile Apps that is not subject to significant direct cost but general IT maintenance cost which recorded in General and Administrative Expensescost.

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Gross Profit

For the year ended December 31, 20232024,
our gross profit increaseddecreased by $862,2541,101,158 or 48.61.46%
to $2,265,1351,163,977, as compared to $1,402,8812,265,135 for the year ended December
31, 20222023. Gross profit margin of 98.1650% for the year ended December 31, 20232024
was decreasedincreased by 0.0234%, as compared to