$WETO

Wetour Robotics Ltd

CIK:0001941158|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

12 Months Ended

Jun. 30, 2025

USD ($)

$ / shares

Jun. 30, 2025

CNY (¥)

¥ / shares

Jun. 30, 2024

CNY (¥)

¥ / shares

Jun. 30, 2023

CNY (¥)

¥ / shares

Revenues

$ 4,968,599

¥ 35,593,055

¥ 45,976,421

¥ 154,226,006

Cost of revenues

(4,144,942)

(29,692,707)

(39,546,098)

(145,998,264)

Gross profit

823,657

5,900,348

6,430,323

8,227,742

Operating expenses:

Sales and marketing expenses

(1,163,311)

(8,333,493)

(7,468,321)

(14,656,903)

General and administrative expenses

(1,379,720)

(9,883,761)

(5,098,450)

(10,428,318)

Research and development expenses

(147,459)

(1,056,335)

(1,331,037)

(2,367,231)

Total operating expenses

(2,690,490)

(19,273,589)

(13,897,808)

(27,452,452)

Loss from operations

(1,866,833)

(13,373,241)

(7,467,485)

(19,224,710)

Other income/(expenses)

Financial expenses, net

(162,124)

(1,161,392)

(1,134,713)

(788,073)

Other income, net

272,802

1,954,244

4,500,552

2,630,368

Total other income, net

110,678

792,852

3,365,839

1,842,295

Loss before income tax expense

(1,756,155)

(12,580,389)

(4,101,646)

(17,382,415)

Income tax (expense)/benefit

13,588

97,342

46,054

(248,419)

Net loss

(1,742,567)

(12,483,047)

(4,055,592)

(17,630,834)

Other comprehensive income/(loss):

Foreign currency translation adjustments, net of nil tax

(110,199)

(789,425)

2,945

20,469

Total other comprehensive income/(loss)

(110,199)

(789,425)

2,945

20,469

Total comprehensive loss

$ (1,852,766)

¥ (13,272,472)

¥ (4,052,647)

¥ (17,610,365)

Loss per ordinary share

Earnings per share, basic | (per share)

^[1]

$ (0.08)

¥ (0.6)

¥ (0.2)

¥ (0.88)

Earnings per share, diluted | (per share)

^[1]

$ (0.08)

¥ (0.6)

¥ (0.2)

¥ (0.88)

Earnings Per Share, Basic, Other Disclosure [Abstract]

Weighted average number of ordinary shares, basic

^[1]

20,668,493

20,000,000

Weighted average number of ordinary shares, diluted

^[1]

20,668,493

20,000,000

[1]	The shares and per share data are presented on a retroactive basis to reflect the Company’s recapitalization. (Note 11). The diluted loss per ordinary share excluded the impact of the Representative Warrants, as their effect was antidilutive.

CONSOLIDATED STATEMENTS OF CASH FLOWS	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS	Jun. 30, 2025 USD ($)	Jun. 30, 2025 CNY (¥)	Jun. 30, 2024 CNY (¥)	Jun. 30, 2023 CNY (¥)
Cash flows from operating activities:
Net Income (Loss)	$ (1,742,567)	¥ (12,483,047)	¥ (4,055,592)	¥ (17,630,834)
Adjustments to reconcile net loss to net cash (used in)/provided by operating activities:
Depreciation and amortization	309,746	2,218,894	2,187,449	1,792,256
Amortization of right-of-use assets	34,160	244,706	281,066	263,898
Loss on disposal of property and equipment	0	0	10,458	0
Share-based compensation	0	0	0	12,880,986
Realized loss of short-term investments	8,202	58,759	0	0
Unrealized gain of short-term investments	(3,217)	(23,042)	0	0
Changes in operating assets and liabilities:
Accounts receivable	73,372	525,606	(588,929)	2,769,371
Amounts due from related parties	(23,522)	(168,504)	(111,341)	0
Prepaid expenses and other assets	(6,592,087)	(47,223,077)	307,294	475,113
Accounts payable	(51,536)	(369,181)	294	(3,596,797)
Deferred revenue	(130,393)	(934,085)	1,755,688	(1,278,805)
Income tax payable	(13,588)	(97,342)	(30,831)	128,175
Lease liabilities	(25,146)	(180,135)	(285,225)	(210,121)
Accrued expenses and other current liabilities	(42,008)	(300,929)	584,700	(352,234)
Net cash (used in)/provided by operating activities	(8,198,584)	(58,731,377)	55,031	(4,758,992)
Cash flows from investing activities:
Purchase of short-term investments	(2,556,343)	(18,312,616)	(523,000)	0
Redemption of short-term investments	2,431,238	17,416,415	523,000	0
Purchase of property and equipment	(20,861)	(149,439)	(1,470,287)	(795,635)
Loans to related parties	(949,243)	(6,800,000)	(400,000)	0
Collection from loans to related parties	949,243	6,800,000	400,000	0
Net cash used in investing activities	(145,966)	(1,045,640)	(1,470,287)	(795,635)
Cash flows from financing activities:
Proceeds from short-term bank borrowings	5,165,001	37,000,000	10,000,000	13,000,000
Repayments of short-term bank borrowings	(2,373,108)	(17,000,000)	(10,000,000)	(3,000,000)
Proceeds from long-term bank borrowings	0	0	2,200,000	0
Proceeds from short-term bank borrowings with a third party	0	0	0	3,000,000
Repayments of short-term bank borrowings with a third party	0	0	0	(3,000,000)
Proceeds from loans from related parties	422,972	3,030,000	300,000	0
Repayment of loans to related parties	(422,972)	(3,030,000)	(300,000)	0
Payments of offering cost related to IPO	(210,949)	(1,511,154)	(157,962)	(5,192,203)
Proceeds from issuance of common shares pursuant to IPO, net of issuance cost	7,070,278	50,648,640	0	0
Net cash provided by financing activities	9,651,222	69,137,486	2,042,038	4,807,797
Effect of exchange rate changes on cash and cash equivalents	(110,201)	(789,424)	2,945	20,469
Net change in cash and cash equivalents	1,196,471	8,571,045	629,727	(726,361)
Cash and cash equivalents at beginning of the years	388,200	2,780,907	2,151,180	2,877,541
Cash and cash equivalents at end of the years	1,584,671	11,351,952	2,780,907	2,151,180
Supplement disclosures of cash flow information
Cash paid for income tax	0	0	94,833	120,243
Refund of prepaid income tax	0	0	(109,908)	0
Cash paid for interest	156,901	1,123,974	520,526	386,908
Supplemental schedule of non-cash item
Lease liabilities arising from obtaining right-of-use assets	22,858	163,748	¥ 235,589	¥ 285,225
Accrual for capitalized offering costs	209,392	1,500,000
Offering costs recognized as additional paid-in capital	$ 1,167,195	¥ 8,361,318