← CLPS Inc

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net Income — — — — — $4.5m $193k ($2.3m) —
Net Income From Continuing Operations — — — — — $4.6m $166k ($1.8m) —
Depreciation and amortization — — $404k $593k $677k $912k $1.2m $1.3m $1.9m
Amortization Cash Flow — — — — — $202k $179k — —
Amortization Of Intangibles — — — — — $202k $179k — —
Depreciation Amortization Depletion — — — — — $912k $1.2m $1.3m —
Deferred tax expenses (benefits) ($221k) ($208k) $100k $173k ($414k) $246k $264k ($718k) $484k
Deferred Income Tax — — — — — $246k $264k ($718k) —
Deferred Tax — — — — — $246k $264k ($718k) —
Share-based compensation — — $7.0m $4.0m $5.1m $7.2m $2.5m $3.2m $2.5m
Impairment of long-term investments — — — — — $102k $85k — —
Impairment of goodwill — — — — — — $2.4m — $129k
Asset Impairment Charge — — — — — $102k $2.5m $0 —
Lease expense to reduce operating lease right-of -use assets — — — — — — $1.1m $1.5m $2.0m
Loss from disposal of property and equipment ($63k) $2k $10k $633 $26k $19k $158k $10k $4k
Operating lease liabilities — — — — — — ($1.1m) ($1.2m) ($2.1m)
Earnings (Loss)es From Equity Investments — — — — — $50k ($70k) ($157k) —
Net (loss) income $2.2m $2.7m ($3.4m) $3.1m $7.0m $4.6m $166k ($1.8m) ($6.4m)
Share of loss (income) in equity investees, net of tax — $9k $145k ($207k) $44k $50k ($70k) ($157k) $403k
Loss on disposal of subsidiaries — — — — ($9k) — $39k — —
Provision for (reversal of) credit losses — — — — — — ($11k) $590k $34k
Others — — — — $26k — ($258k) — ($60k)
Accounts receivable ($2.4m) ($9.8m) ($3.1m) ($6.6m) ($16.7m) ($12.3m) $454k $7.2m ($5.4m)
Prepayment, deposits and other assets ($358k) ($613k) ($37k) $206k ($729k) ($123k) $3.5m ($308k) ($2.5m)
Amounts due from related parties — ($13k) — — ($224k) $223k $28k ($26k) ($240k)
Accounts payable — — ($418k) $89k $364k ($216k) $346k $213k $1.6m
Accrued expenses and other current liabilities $53k $592k ($843k) $146k ($18k) $107k $4k ($190k) ($382k)
Contract liabilities — — — $69k ($379k) $260k $331k ($227k) $1.3m
Tax payables $220k $252k $102k $408k $279k $640k $148k ($303k) $112k
Amounts due to related parties ($103k) ($936k) ($147k) — $183k ($115k) ($291k) ($19k) ($1k)
Salaries and benefits payable $899k $1.8m $639k $3.6m $310k $174k ($770k) ($1.1m) $3.9m
Unrecognized tax benefit — — — — $1.6m $1.8m ($266k) $1.1m $251k
Acquisition of property and equipment ($63k) ($231k) ($500k) ($168k) ($1.1m) ($20.8m) ($519k) ($2.1m) ($1.3m)
Proceeds from disposal of property and equipment $63k $231k $500k $168k $1.1m $552 $158k $9k $1k
Acquisition of intangible assets — — — ($64k) ($7k) ($9k) — — ($10k)
Acquisition of long-term investments — ($154k) ($1.1m) ($143k) ($331k) ($410k) — — ($1.5m)
Disposition of long-term investments $44k ($154k) ($1.1m) $996k — $786k $111k — —
Disposition of subsidiaries — — ($65k) — ($192k) — $14k — —
Repayments from related parties — — — — — $15k $204k $830k $2.9m
Loans provided to related parties — — ($821k) ($178k) ($152k) ($84k) ($274k) ($6.5m) ($3.0m)
Proceeds from short-term bank loans — $5.7m $3.6m $3.8m $13.3m $22.0m $23.4m $44.5m $42.9m
Repayments of short-term bank loans — ($3.1m) ($3.9m) ($3.9m) ($8.3m) ($14.5m) ($26.3m) ($31.8m) ($36.2m)
Payments for subsidiary’s offering costs — ($283k) — — — — — — ($161k)
Beginning Cash Position — — — — — $24.7m $18.4m $22.3m —
Cash Flow From Continuing Financing Activities — — — — — $7.5m ($4.3m) $10.2m —
Cash Flow From Continuing Investing Activities — — — — — ($16.3m) ($306k) ($12.3m) —
Change In Account Payable — — — — — ($216k) $346k $213k —
Change In Accrued Expense — — — — — $107k $4k ($190k) —
Change In Income Tax Payable — — — — — $640k $148k ($303k) —
Change In Other Current Liabilities — — — — — $0 ($1.1m) ($1.2m) —
Change In Other Working Capital — — — — — $2.0m $65k $866k —
Change In Payable — — — — — $483k ($566k) ($1.2m) —
Change In Payables And Accrued Expense — — — — — $590k ($562k) ($1.4m) —
Change In Prepaid Assets — — — — — ($123k) $3.5m ($308k) —
Change In Receivables — — — — — ($12.1m) $482k $7.2m —
Change In Tax Payable — — — — — $640k $148k ($303k) —
Change In Working Capital — — — — — ($9.6m) $2.3m $5.1m —
Changes In Account Receivables — — — — — ($12.3m) $454k $7.2m —
Changes In Cash — — — — — ($5.6m) $5.1m $6.9m —
End Cash Position — — — — — $18.4m $22.3m $29.1m —
Financing Cash Flow — — — — — $7.5m ($4.3m) $10.2m —
Free Cash Flow — — — — — ($17.6m) $9.2m $6.8m —
Gain Loss On Sale Of Business — — — — — ($138k) $39k $0 —
Gain Loss On Sale Of PPE — — — — — $19k $0 $10k —
Investing Cash Flow — — — — — ($16.3m) ($306k) ($12.3m) —
Issuance Of Capital Stock — — — — — $0 $0 — —
Net Business Purchase And Sale — — — — — $0 $14k ($2.4m) —
Net Intangibles Purchase And Sale — — — — — ($9k) $0 $0 —
Net PPE Purchase And Sale — — — — — ($20.7m) ($361k) ($2.1m) —
Operating Gains Losses — — — — — ($69k) ($32k) ($147k) —
Other Non Cash Items — — — — — — $812k $1.5m —
Proceeds From Stock Option Exercised — — — — — $4k $0 $0 —
Provisionand Write Offof Assets — — — — — ($178k) ($11k) $590k —
Purchase Of Business — — — — — $0 $0 ($2.4m) —
Purchase Of Intangibles — — — — — ($9k) $0 $0 —
Purchase Of PPE — $231k $500k $168k $1.1m ($20.8m) ($519k) ($2.1m) $1.3m
Sale Of Business — — — — — $0 $14k $0 —
Sale Of PPE — — — — — $552 $158k $9k —
Stock Based Compensation — — — — — $7.2m $2.5m $3.2m —
Net cash (used in) provided by operating activities $624k ($4.8m) $401k $5.9m ($2.6m) $3.2m $9.7m $8.9m ($2.5m)
Capital Expenditure — — — — — ($20.8m) ($519k) ($2.1m) —
Payments for business acquisitions, net of cash acquired from acquisitions — — ($401k) ($1.6m) ($304k) — — ($2.4m) ($211k)
Purchases of short-term investments — — ($1.8m) — — — ($14.1m) ($3.2m) ($1.5m)
Net Investment Purchase And Sale — — — — — $4.5m $111k ($2.1m) —
Purchase Of Investment — — — — — ($410k) ($14.1m) ($3.2m) —
Maturities of short-term investments — — ($1.8m) $1.1m ($3.4m) $4.2m $14.1m $1.1m $2.7m
Maturities of short-term investments, net — — ($1.8m) $1.1m ($3.4m) $4.2m — $1.1m $2.7m
Sale Of Investment — — — — — $4.9m $14.2m $1.1m —
Net Other Investing Changes — — — — — ($68k) ($70k) ($5.7m) —
Net cash used in investing activities ($101k) ($493k) ($3.9m) $173k ($5.6m) ($16.3m) ($306k) ($12.3m) ($1.8m)
Issuance Of Debt — — — — — $22.0m $23.4m $44.5m —
Net Issuance Payments Of Debt — — — — — $7.5m ($2.9m) $12.7m —
Net Short Term Debt Issuance — — — — — $7.5m ($2.9m) $12.7m —
Short Term Debt Issuance — — — — — $22.0m $23.4m $44.5m —
Repayment Of Debt — — — — — ($14.5m) ($26.3m) ($31.8m) —
Short Term Debt Payments — — — — — ($14.5m) ($26.3m) ($31.8m) —
Common Stock Issuance — — — — — $0 $0 — —
Net Common Stock Issuance — — — — — $0 $0 — —
Dividends paid to noncontrolling interests — — $70k $90k ($34k) $342k ($207k) $408k $482k
Dividends paid to shareholders — — — — — — ($1.2m) ($2.6m) ($3.6m)
Cash Dividends Paid — — — — — $0 ($1.2m) ($2.6m) —
Common Stock Dividend Paid — — — — — $0 ($1.2m) ($2.6m) —
Net cash provided by (used in) financing activities ($833k) $10.1m $467k $125k $19.3m $7.5m ($4.3m) $10.2m $2.9m
Effect of exchange rate changes on cash — — ($147k) ($179k) $976k ($727k) ($1.2m) ($28k) $431k
Effect Of Exchange Rate Changes — — — — — ($727k) ($1.2m) ($28k) —
Net (decrease) increase in cash ($463k) $4.9m ($3.1m) $6.1m $12.1m ($6.3m) $3.9m $6.8m ($967k)
Cash and cash equivalents and restricted cash at the beginning of the year — — — $12.7m $24.7m $18.4m $22.3m $29.1m $28.2m
Cash and cash equivalents $4.8m $9.7m $6.6m $12.7m $24.7m $18.4m $22.2m $29.1m $28.2m
Restricted cash — — — — — — $88k $24k —
Change In Cash Supplemental As Reported — — — — — ($6.3m) $3.9m $6.8m —
Interest paid — $75k $70k $90k $155k $342k $366k $408k $482k
Income tax paid $335k $326k $769k $1.2m $1.7m $676k $1.6m $858k $379k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.