Kun Peng International Ltd.
0.0700+0.00 (+0%)
Oct 29, 4:00:00 PM EDT · OTC Markets OTCQB · KPEA · USD
Key Stats
Market Cap
28.00MP/E (TTM)
-Basic EPS (TTM)
0.00Dividend Yield
0%Recent Filings
10-Q
Q3 FY2025 results
Kun Peng International's Q3 FY2025 revenue fell 83.9% y/y to $107.8K, driven by the termination of two subsidiaries, while gross profit dropped 95.2% to $23.8K with margins contracting to 22.1% from 73.2%. Operating loss widened 53.3% y/y to $435.7K amid lower expenses from restructuring, but other income of $390.9K from asset liquidations cushioned the net loss to $44.9K, or $0.0001 per diluted share on 400M shares. YTD revenue declined 32.8% y/y to $1.1M, with operating loss steady at $1.4M and net loss narrowing 37.5% to $888.7K, or $0.0022 per share; EPS reconciles to weighted shares with no anti-dilution. Cash ended at $59.9K after $69.5K operating inflow, offset by $30.4K capex and $58.7K financing outflow including $98.5K short-term debt at 3.86%; free cash flow not disclosed in the 10-Q. Acquired Kun Pin Hui in April 2024 for nominal cash, recognizing no goodwill. VIE structure exposes the firm to PRC regulatory risks on enforceability.
8-K
VIE agreements renewed post-equity shift
Kun Peng International terminated old VIE agreements with King Eagle Tianjin on June 10, 2025, after a shareholder transferred 45.48% equity to two others, prompting new contracts to sustain control. These refreshed pacts—business operation, agency, equity disposal, and pledge—keep the WFOE gripping Tianjin's operations tight. No financial ripples disclosed. VIE tweaks like this maintain status quo.
10-Q
Q2 FY2025 results
Kun Peng International Ltd. posted Q2 FY2025 revenue of $609K, up 67% y/y from $365K, fueled by equipment-based services that hit $457K while retail added $153K; gross margin widened to 83.8% from 72.7% on tighter cost controls. Yet operating loss narrowed to $315K from $584K as general expenses dropped 41% y/y (derived), though selling costs rose 60% on promotions. Net loss improved to $193K, or $0.000 per share on 400M diluted shares, with other income boosted by a $148K gain on subsidiary disposal. Cash dipped to $27K amid $4K operating outflow, offset by $98K borrowing; short-term debt stands at $98K with $4M related-party support. Revenue relies heavily on PRC VIE structure. Regulatory shifts in China pose enforcement risks to VIE contracts.
10-Q
Q2 FY2025 results
Kun Peng International's Q2 FY2025 revenue fell 36.6% y/y to $356.5K, driven by a sharp drop in retail sales but offset by surging equipment services at $278.1K, yielding a healthier 84.4% gross margin versus 73.4% last year. Operating loss widened to $698.1K from $567.0K, with general and administrative expenses up 19.0% to $652.4K on higher professional fees, though selling costs dipped 19.8% to $346.5K. Net loss hit $651.0K, or $(0.002) per diluted share on 400M shares, consistent with weighted average. Cash climbed to $207.4K on $45.9K operating inflow and $71.3K capital contribution, funding $97.5K short-term debt at 3.86%; free cash flow not disclosed in the 10-Q. Recent M&A included acquiring Kun Pin Hui in April 2024 for nominal cash, recognizing no goodwill. PRC regulatory shifts on VIE structures pose enforcement risks.
10-K
FY2024 results
Kun Peng International Ltd. reported FY2024 revenue of $2.08M, down 47% y/y from $3.92M, as wholesale sales of physiotherapy equipment via Kun Zhi Jian platform plunged amid a pivot to retail dietary supplements and new equipment services through the November 2023 Kun Zhi Jian Mini Program launch. Q4 retail revenue accelerated sequentially, driving 76% gross margins versus 58% in FY2023, while overall gross profit fell to $1.47M from $3.48M due to higher cost of sales at 29% of revenue. Operating expenses dropped 39% to $3.47M, mainly from reduced agent fees and promotions, yielding a narrower net loss of $1.99M versus $2.15M in FY2023. Cash dwindled to $82K from $458K, with negative working capital at $8.0M; liquidity relies on related-party funding and customer advances. No annual guidance disclosed. PRC regulatory shifts on VIE structures could disrupt quarterly momentum.
IPO
Website
Employees
Sector
Industry
BZUN
Baozun Inc.
3.41-0.10
CPNG
Coupang, Inc.
32.07+0.15
JWEL
Jowell Global Ltd.
1.70+0.07
KMFG
KEEMO FASHION GROUP LTD
0.85+0.00
NHTC
Natural Health Trends Corp. - C
4.45+0.04
PDD
PDD Holdings Inc.
138.08+0.05
VIPS
Vipshop Holdings Limited
18.30-0.36
WNW
Meiwu Technology Company Limite
1.71-0.03
YJ
Yunji Inc. - American Depositor
1.85-0.01
ZKH
ZKH Group Limited
3.00+0.00