NASDAQ : CLPS
CLPS Incorporation — Financial statements
Technology · Information Technology Services · Hong Kong
Last price 0.95 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 28.37M
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Financial statements
CLPS Incorporation (CLPS) reported revenue of 172.21M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 172.21M | 172.21M | 164.48M | 142.81M | 150.36M | 152.02M |
| Cost of Revenue | 141.53M | 141.53M | 128.18M | 109.87M | 115.87M | 111.03M |
| Gross Profit | 30.68M | 30.68M | 36.31M | 32.95M | 34.48M | 40.99M |
| Selling, General & Admin | 34.77M | 34.77M | 37.03M | 29.69M | 24.94M | 27.15M |
| Research & Development | 6.67M | 6.67M | 5.82M | 7.16M | 8.34M | 7.97M |
| Other Operating Expenses | -733.66K | -733.66K | -1.29M | -1.36M | -1.26M | -1.54M |
| Operating Expenses | 40.70M | 40.70M | 41.55M | 35.49M | 32.02M | 33.58M |
| Operating Income | -10.03M | -10.03M | -5.25M | -2.54M | 2.46M | 7.41M |
| Earnings From Equity Investments | -556.46K | -556.46K | -403.42K | 156.78K | 70.26K | -50.30K |
| Other Non Operating Income (Expenses) | -692.82K | -692.82K | 301.69K | 695.05K | 745.84K | 380.80K |
| EBT Excluding Unusual Items | -11.28M | -11.28M | -5.35M | -1.69M | 3.28M | 7.74M |
| Impairment of Goodwill | -1.44M | -1.44M | -129.27K | -2.38M | ||
| Gain (Loss) on Sale of Investments | -52.58K | -102.16K | ||||
| Pretax Income | -12.71M | -12.71M | -5.48M | -1.69M | 839.91K | 7.63M |
| Income Tax Expense | 216.94K | 216.94K | 947.53K | 160.72K | 674.34K | 3.05M |
| Earnings From Continuing Operations | -12.93M | -12.93M | -6.43M | -1.85M | 165.56K | 4.59M |
| Minority Interest in Earnings | -252.76K | -252.76K | -623.17K | -482.65K | 26.96K | -132.48K |
| Net Income | -13.18M | -13.18M | -7.05M | -2.33M | 192.53K | 4.46M |
| Net Income to Common | -13.18M | -13.18M | -7.05M | -2.33M | 192.53K | 4.46M |
| Shares Outstanding (Basic) | 29.38M | 29.38M | 27.53M | 25.21M | 23.15M | 20.92M |
| Shares Outstanding (Diluted) | 29.38M | 29.38M | 27.53M | 25.21M | 23.15M | 21.06M |
| EPS (Basic) | -0.45 | -0.45 | -0.26 | -0.09 | 0.01 | 0.21 |
| EPS (Diluted) | -0.45 | -0.45 | -0.26 | -0.09 | 0.01 | 0.21 |
| Free Cash Flow | -982.58K | -982.58K | -3.80M | 6.81M | 9.19M | -17.55M |
| Free Cash Flow Per Share | -0.03 | -0.03 | -0.14 | 0.27 | 0.40 | -0.83 |
| Gross Margin | 17.81% | 17.81% | 22.07% | 23.07% | 22.93% | 26.96% |
| Operating Margin | -5.82% | -5.82% | -3.19% | -1.78% | 1.64% | 4.87% |
| Profit Margin | -7.65% | -7.65% | -4.29% | -1.63% | 0.13% | 2.93% |
| Free Cash Flow Margin | -0.57% | -0.57% | -2.31% | 4.77% | 6.11% | -11.54% |
| EBITDA | -7.81M | -7.81M | -3.37M | -1.29M | 3.68M | 8.32M |
| EBITDA Margin | -4.54% | -4.54% | -2.05% | -0.90% | 2.45% | 5.47% |
| D&A For EBITDA | 2.22M | 2.22M | 1.88M | 1.25M | 1.22M | 912.25K |
| EBIT | -10.03M | -10.03M | -5.25M | -2.54M | 2.46M | 7.41M |
| EBIT Margin | -5.82% | -5.82% | -3.19% | -1.78% | 1.64% | 4.87% |
| Effective Tax Rate | 80.29% | 39.90% | ||||
| Revenue as Reported | 172.21M | 172.21M | 164.48M | 142.81M | 150.36M | 152.02M |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 25.06M | 25.06M | 28.17M | 29.12M | 22.21M | 18.40M |
| Short-Term Investments | 918.52K | 918.52K | 896.95K | 2.10M | ||
| Cash & Short-Term Investments | 25.98M | 25.98M | 29.07M | 31.22M | 22.21M | 18.40M |
| Accounts Receivable | 42.46M | 42.46M | 44.89M | 38.78M | 48.52M | 53.77M |
| Other Receivables | 391.27K | 377.64K | ||||
| Receivables | 43.55M | 43.55M | 49.27M | 42.34M | 48.91M | 54.15M |
| Prepaid Expenses | 7.73M | 7.73M | 7.44M | 4.50M | 1.67M | 4.22M |
| Restricted Cash | 399.72K | 399.72K | 24.08K | 87.60K | ||
| Total Current Assets | 77.65M | 77.65M | 85.78M | 78.08M | 72.87M | 76.76M |
| Property, Plant & Equipment | 22.26M | 22.26M | 24.62M | 23.95M | 20.93M | 20.60M |
| Long-Term Investments | 2.18M | 2.18M | 1.72M | 613.81K | 456.60K | 610.39K |
| Goodwill | 1.44M | 1.47M | 2.36M | |||
| Other Intangible Assets | 1.81M | 1.81M | 2.06M | 2.25M | 726.17K | 970.04K |
| Long-Term Deferred Tax Assets | 59.69K | 59.69K | 73.94K | 697.05K | 81.90K | 327.04K |
| Other Long-Term Assets | 723.18K | 723.18K | 481.76K | 594.60K | 252.66K | 248.46K |
| Total Assets | 106.28M | 106.28M | 118.11M | 110.03M | 95.32M | 101.88M |
| Accounts Payable | 1.54M | 1.54M | 2.52M | 949.14K | 690.03K | 343.60K |
| Accrued Expenses | 16.18M | 16.18M | 16.30M | 12.64M | 12.68M | 14.17M |
| Short-Term Debt | 30.29M | 30.29M | 30.22M | 23.23M | 10.55M | 14.47M |
| Current Portion of Leases | 1.63M | 1.63M | 2.35M | 1.36M | 712.30K | |
| Current Income Taxes Payable | 372.26K | 372.26K | 113.84K | 146.03K | 417.44K | 462.79K |
| Current Unearned Revenue | 2.71M | 2.71M | 2.47M | 1.14M | 918.47K | 587.14K |
| Other Current Liabilities | 454.70K | 454.70K | 390.64K | 326.18K | 343.75K | 349.58K |
| Total Current Liabilities | 53.18M | 53.18M | 54.36M | 39.80M | 26.31M | 30.38M |
| Long-Term Leases | 751.36K | 751.36K | 1.30M | 1.64M | 104.11K | |
| Long-Term Deferred Tax Liabilities | 204.60K | 204.60K | 251.81K | 378.34K | 185.38K | 150.55K |
| Other Long-Term Liabilities | 4.96M | 4.96M | 4.61M | 4.30M | 3.21M | 3.55M |
| Total Liabilities | 59.09M | 59.09M | 60.52M | 46.11M | 29.81M | 34.08M |
| Common Stock | 2.99K | 2.99K | 2.80K | 2.56K | 2.37K | 2.24K |
| Additional Paid-In Capital | 62.15M | 62.15M | 60.18M | 61.35M | 58.18M | 55.71M |
| Retained Earnings | -14.73M | -14.73M | -1.55M | 5.50M | 10.39M | 11.40M |
| Treasury Stock | -132.30K | -132.30K | ||||
| Comprehensive Income & Other | -2.49M | -2.49M | -3.10M | -4.35M | -3.99M | -550.25K |
| Total Common Equity | 44.80M | 44.80M | 55.54M | 62.51M | 64.58M | 66.55M |
| Minority Interest | 2.39M | 2.39M | 2.05M | 1.41M | 927.80K | 1.25M |
| Shareholders' Equity | 47.19M | 47.19M | 57.58M | 63.92M | 65.51M | 67.80M |
| Total Liabilities & Equity | 106.28M | 106.28M | 118.11M | 110.03M | 95.32M | 101.88M |
| Total Debt | 32.67M | 32.67M | 33.87M | 26.23M | 11.37M | 14.47M |
| Net Cash (Debt) | -6.70M | -6.70M | -4.80M | 4.98M | 10.84M | 3.92M |
| Net Cash Per Share | -0.23 | -0.23 | -0.17 | 0.20 | 0.47 | 0.19 |
| Filing Date Shares Outstanding | 29.86M | 29.86M | 29.74M | 27.84M | 25.59M | 22.45M |
| Total Common Shares Outstanding | 29.85M | 29.85M | 27.99M | 25.64M | 23.65M | 22.44M |
| Working Capital | 24.48M | 24.48M | 31.42M | 38.28M | 46.56M | 46.38M |
| Book Value Per Share | 1.50 | 1.50 | 1.98 | 2.44 | 2.73 | 2.97 |
| Tangible Book Value | 42.98M | 42.98M | 52.05M | 58.78M | 63.85M | 63.22M |
| Tangible Book Value Per Share | 1.44 | 1.44 | 1.86 | 2.29 | 2.70 | 2.82 |
| Buildings | 20.56M | 20.56M | 20.63M | 20.40M | 20.35M | 20.42M |
| Machinery | 3.14M | 3.14M | 2.61M | 2.39M | 1.24M | 1.41M |
| Leasehold Improvements | 3.10M | 3.10M | 2.93M | 1.77M | 772.21K | 667.78K |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -13.18M | -13.18M | -7.05M | -2.33M | 192.53K | 4.46M |
| Depreciation & Amortization | 2.22M | 2.22M | 1.88M | 1.25M | 1.22M | 912.25K |
| Other Amortization | 1.71M | 1.71M | ||||
| Loss (Gain) From Sale of Assets | 1.66K | 1.66K | 3.50K | 9.72K | 38.67K | 19.19K |
| Asset Writedown & Restructuring Costs | 1.44M | 1.44M | 129.27K | 2.38M | ||
| Loss (Gain) From Sale of Investments | 85.33K | -36.32K | ||||
| Loss (Gain) on Equity Investments | 556.46K | 556.46K | 403.42K | -156.78K | -70.26K | 50.30K |
| Stock-Based Compensation | 1.97M | 1.97M | 2.47M | 3.17M | 2.48M | 7.18M |
| Provision & Write-off of Bad Debts | 3.42M | 3.42M | 33.92K | 589.53K | -10.53K | -178.01K |
| Other Operating Activities | 2.61M | 2.61M | 3.05M | 1.25M | 1.05M | 378.31K |
| Change in Accounts Receivable | 4.85M | 4.85M | -5.35M | 7.21M | 454.07K | -12.32M |
| Change in Accounts Payable | -971.61K | -971.61K | 1.57M | 212.77K | 346.44K | -215.85K |
| Change in Unearned Revenue | 235.38K | 235.38K | 1.33M | -226.57K | 331.33K | 260.23K |
| Change in Income Taxes | 594.08K | 594.08K | 362.90K | 789.67K | -117.97K | 2.42M |
| Change in Other Net Operating Assets | -5.83M | -5.83M | -1.37M | -2.84M | 1.33M | 265.12K |
| Operating Cash Flow | -380.56K | -380.56K | -2.54M | 8.93M | 9.71M | 3.20M |
| Capital Expenditures | -602.02K | -602.02K | -1.26M | -2.12M | -519.28K | -20.75M |
| Sale of Property, Plant & Equipment | 4.96K | 4.96K | 1.33K | 8.52K | 158.37K | 552.00 |
| Cash Acquisitions | -211.35K | -2.36M | ||||
| Divestitures | 13.81K | |||||
| Sale (Purchase) of Intangibles | -141.96K | -141.96K | -9.61K | -9.08K | ||
| Investment in Securities | -199.38K | -199.38K | -228.84K | -2.10M | 111.07K | 4.54M |
| Other Investing Activities | -212.09K | -212.09K | -47.60K | -5.68M | -70.00K | -68.16K |
| Investing Cash Flow | -1.15M | -1.15M | -1.75M | -12.25M | -306.05K | -16.29M |
| Short-Term Debt Issued | 26.59M | 26.59M | 42.87M | 44.51M | 23.39M | 21.96M |
| Total Debt Issued | 26.59M | 26.59M | 42.87M | 44.51M | 23.39M | 21.96M |
| Short-Term Debt Repaid | -28.21M | -28.21M | -36.17M | -31.76M | -26.33M | -14.48M |
| Total Debt Repaid | -28.21M | -28.21M | -36.17M | -31.76M | -26.33M | -14.48M |
| Net Debt Issued (Repaid) | -1.62M | -1.62M | 6.70M | 12.75M | -2.94M | 7.47M |
| Issuance of Common Stock | 3.87K | |||||
| Repurchase of Common Stock | -132.30K | -132.30K | ||||
| Common Dividends Paid | -3.64M | -2.55M | ||||
| Other Financing Activities | -65.60K | -65.60K | -161.19K | -207.09K | ||
| Financing Cash Flow | -1.82M | -1.82M | 2.90M | 10.19M | -4.32M | 7.47M |
| Foreign Exchange Rate Adjustments | 639.00K | 639.00K | 430.70K | -28.48K | -1.18M | -727.24K |
| Net Cash Flow | -2.71M | -2.71M | -967.35K | 6.84M | 3.90M | -6.34M |
| Free Cash Flow | -982.58K | -982.58K | -3.80M | 6.81M | 9.19M | -17.55M |
| Free Cash Flow Margin | -0.57% | -0.57% | -2.31% | 4.77% | 6.11% | -11.54% |
| Free Cash Flow Per Share | -0.03 | -0.03 | -0.14 | 0.27 | 0.40 | -0.83 |
| Levered Free Cash Flow | 3.37M | 3.37M | -3.46M | 4.67M | 11.56M | -18.77M |
| Unlevered Free Cash Flow | 3.37M | 3.37M | -3.46M | 4.67M | 11.56M | -18.77M |
| Cash Interest Paid | 611.67K | 611.67K | 482.16K | 407.57K | 365.89K | 342.14K |
| Cash Income Tax Paid | 57.31K | 57.31K | 379.14K | 857.51K | 1.62M | 676.18K |
| Change in Working Capital | -1.12M | -1.12M | -3.46M | 5.14M | 2.34M | -9.59M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 27.47M | 25.22M | 26.03M | 22.57M | 27.88M | 33.13M |
| Enterprise Value | 34.17M | 27.05M | 22.38M | 8.13M | 9.68M | 19.57M |
| Last Close Price | 0.95 | 0.85 | 0.93 | 0.81 | 1.00 | 1.25 |
| PE Ratio | 144.80 | 7.44 | ||||
| PS Ratio | 0.16 | 0.15 | 0.16 | 0.16 | 0.18 | 0.22 |
| PB Ratio | 0.63 | 0.53 | 0.45 | 0.35 | 0.43 | 0.49 |
| P/TBV Ratio | 0.66 | 0.59 | 0.50 | 0.38 | 0.44 | 0.52 |
| P/FCF Ratio | 3.31 | 3.04 | ||||
| P/OCF Ratio | 2.53 | 2.87 | 10.35 | |||
| EV/Sales Ratio | 0.20 | 0.16 | 0.14 | 0.06 | 0.06 | 0.13 |
| EV/EBITDA Ratio | 2.63 | 2.35 | ||||
| EV/EBIT Ratio | 3.94 | 2.64 | ||||
| EV/FCF Ratio | 1.19 | 1.05 | ||||
| Debt / Equity Ratio | 0.69 | 0.69 | 0.59 | 0.41 | 0.17 | 0.21 |
| Debt / EBITDA Ratio | 114.94 | 2.39 | 1.74 | |||
| Debt / FCF Ratio | 3.85 | 1.24 | ||||
| Net Debt / Equity Ratio | 0.14 | 0.14 | 0.08 | -0.08 | -0.17 | -0.06 |
| Net Debt / EBITDA Ratio | -0.86 | -0.86 | -1.42 | 3.88 | -2.95 | -0.47 |
| Net Debt / FCF Ratio | -6.82 | -6.82 | -1.26 | -0.73 | -1.18 | 0.22 |
| Asset Turnover | 1.53 | 1.53 | 1.44 | 1.39 | 1.52 | 1.65 |
| Quick Ratio | 1.29 | 1.29 | 1.36 | 1.76 | 2.70 | 2.39 |
| Current Ratio | 1.46 | 1.46 | 1.58 | 1.96 | 2.77 | 2.53 |
| Return on Equity (ROE) | -24.68% | -24.68% | -10.58% | -2.85% | 0.25% | 7.31% |
| Return on Assets (ROA) | -5.58% | -5.58% | -2.88% | -1.54% | 1.56% | 5.01% |
| Return on Invested Capital (ROIC) | -18.61% | -17.25% | -8.65% | -4.47% | 0.82% | 8.88% |
| Return on Capital Employed (ROCE) | -18.90% | -18.90% | -8.20% | -3.60% | 3.60% | 10.40% |
| Earnings Yield | -48.91% | -52.27% | -27.09% | -10.32% | 0.69% | 13.45% |
| FCF Yield | -3.46% | -3.90% | -14.61% | 30.16% | 32.95% | -52.97% |
| Buyback Yield / Dilution | -6.70% | -6.70% | -9.20% | -8.89% | -9.96% | -19.85% |