ICZOOM Group Inc.

Our Company operates an e-commerce trading platform primarily engaged in the sales of electronic component products to customers in the People's Republic of China (PRC). These products are mainly utilized by China-based small and medium-sized enterprises (SMEs) across the consumer electronic, Internet of Things (IoT), automotive electronics, and industry control segments. In addition to product sales, the company offers services including temporary warehousing, logistics and shipping, and customs clearance, for which it charges additional service commission fees. Revenue is primarily generated from the sales of electronic components and secondarily from these service commission fees. The company sells two categories of electronic component products: semiconductor products and electronic equipment, tools, and other products. Semiconductor products encompass integrated circuits, discretes, passive components, and optoelectronics. Equipment, tools, and other electronic component products include electromechanical items, Maintenance, Repair, and Operations (MRO) supplies, and various design tools. Selling prices for semiconductor products range from $0.0001 per unit to approximately $169,334 per unit, while electronic equipment, tools, and other products typically range from $0.0001 per unit to $29,212 per unit, depending on SKU features. For the fiscal years ended June 30, 2025, 2024, and 2023, average selling prices for semiconductor products were $0.14 per unit, $0.21 per unit, and $0.22 per unit, respectively. For equipment, tools, and others, average selling prices were $6.37 per unit, $0.44 per unit, and $0.57 per unit, respectively. Service commission fees consist of charges for assisting customers with customs clearance for products purchased from overseas suppliers and fees for providing temporary warehousing, organizing product shipping, and delivery after customs clearance. These add-on services typically incur non-refundable commission fees ranging from 0.15% to 2% based on the product value. Revenue from these services is recognized upon performance of customs clearance, warehousing, logistics, and delivery, and when the customer receives the products.