secwatch.observer — SEC 8-K summary
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Issuer:     Lakeside Holding Ltd (LSH)
CIK:        0001996192
Form:       8-K
Filed at:   2024-10-01T23:59:59+00:00
Accession:  0001213900-24-084021
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lakeside Holding FY2024 revenue up 42.3% to $18.3M; net loss of $0.2M vs prior net income
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- Revenue $18.3M, +42.3% YoY; airfreight surged 117.6% to $10.4M.
- Net loss $0.2M vs net income $1.0M in FY2023; driven by 77.5% increase in G&A expenses.
- Gross profit $3.7M, +44.9%; gross margin expanded to 20.3% from 19.9%.
- July IPO raised $6.75M; new e-commerce partnerships; Dallas expansion to 46,657 sq ft.
- Cross-border airfreight volumes doubled to over 26,000 tons.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1996192/000121390024084021/0001213900-24-084021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1996192/000121390024084021/ea0215886-8k_lakeside.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-084021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer