CLPS Inc

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $9.7m $6.6m $12.7m $24.7m $18.4m $22.2m $29.1m $28.2m
Short-term investments $1.8m $637k $4.2m $2.1m $897k
Accounts receivable, net $16.3m $19.3m $25.8m $44.1m $53.8m $48.5m $38.8m $44.9m
Total Current Assets $29.1m $29.7m $40.5m $76.1m $76.8m $72.9m $78.1m $85.8m
Long-term investments $294k $914k $680k $1.0m $610k $457k $614k $1.7m
Property and equipment, net $334k $567k $452k $601k $20.6m $20.1m $21.2m $21.2m
Intangible assets, net $1.1m $1.1m $970k $726k $2.3m $2.1m
Goodwill $174k $448k $2.1m $2.4m $2.4m $1.5m $1.4m
Prepayments, deposits and other assets, net $119k $223k $244k $896k $248k $253k $595k $482k
Operating lease right-of-use assets $815k $2.8m $3.4m
Restricted cash $88k $24k
Amounts due from related parties $169k $546k $378k $391k $7.1m $1.9m
Deferred tax assets, net $338k $203k $608k $327k $82k $697k $74k
Bank loans $23k $10k $14.5m $10.6m $23.2m $30.2m
Accrued expenses and other current liabilities $352k $324k $799k $261k
Tax payables $905k $916k $1.4m $1.7m $2.4m $2.5m $2.4m $2.5m
Contract liabilities $755k $327k $587k $918k $1.1m $2.5m
Salaries and benefits payable $7.3m $7.7m $11.5m $12.5m $12.2m $10.6m $9.9m $14.1m
Operating lease liabilities $104k $1.6m $1.3m
Amounts due to related parties $220k $245k $67k $25k $40k $44k
Unrecognized tax benefits $195k $2.6m $2.3m $3.4m $3.7m
Other non-current liabilities $195k $1.8m $3.5m $886k $884k $897k
Common shares, $0.0001 par value, 100,000,000 shares authorized; 27,988,452 shares issued and outstanding as of June 30, 2025; 25,640,056 shares issued and outstanding as of June 30, 2024 1k 1k 2k 2k 2k 2k 3k 3k
Statutory reserves $1.1m $1.8m $2.8m $4.2m $5.1m $5.4m $5.6m $5.9m
Total CLPS Incorporation’s Shareholders’ Equity $17.5m $20.8m $27.3m $56.7m $66.6m $64.6m $62.5m $55.5m
Total Shareholders’ Equity $18.2m $21.4m $28.6m $57.7m $67.8m $65.5m $63.9m $57.6m
Total Assets $30.9m $32.7m $45.4m $82.7m $101.9m $95.3m $110.0m $118.1m
Accounts payable $1.5m $197k $489k $559k $344k $690k $949k $2.5m
Total current liabilities $12.8m $11.3m $16.4m $23.0m $30.4m $26.3m $39.8m $54.4m
Deferred tax liabilities $163k $155k $151k $185k $378k $252k
Total Liabilities $11.3m $16.7m $25.0m $34.1m $29.8m $46.1m $60.5m
Additional paid-in capital $17.3m $24.3m $28.6m $48.5m $55.7m $58.2m $61.4m $60.2m
Accumulated deficit ($525k) ($4.5m) ($2.7m) $2.7m $6.3m $5.0m ($52k) ($7.4m)
Accumulated other comprehensive loss ($402k) ($814k) ($1.4m) $1.2m ($550k) ($4.0m) ($4.3m) ($3.1m)
Noncontrolling interests $676k $608k $1.3m $1.0m $1.2m $928k $1.4m $2.0m
Total Liabilities and Shareholders’ Equity $30.9m $32.7m $45.4m $82.7m $101.9m $95.3m $110.0m $118.1m