Home / Going-concern warnings / Kun Peng International Ltd.

3/5Kun Peng International Ltd. (KPEA): Going-concern doubt

Filed 2025-08-14 路 Form 10-Q 路 Accession 0001641172-25-023821 small

Market data

Price before filing: $0.8975 (2025-08-13 close, split/dividend-adjusted)
Market cap at flag: $359.0M (2025-08-14) 路 Latest: $15.6M (2026-10-13)

What happened next

WindowKPEASPYvs SPY
30 days-10.9%+2.5%-13.3%2025-09-15
90 days-55.4%+6.3%-61.7%2025-11-12
180 days-30.5%+7.9%-38.4%2026-02-10

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-05-16 to 2025-09-13. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"For the quarter ended June 30, 2025, the Company incurred cash inflows from operating activities of $ 69,471 , the Company incurred a net loss of $ 888,749 , and the Company had negative working capital of $ 8,384,987 . For the fiscal year ended September 30, 2024, the Company incurred cash inflows from operating activities of $ 17,880 , the Company incurred a net loss of $ 1,991,747 , and the Company had negative..."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2025-06-30)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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