CLPS Incorporation (CLPS) 10-Year Financial Performance & Capital Metrics

CLPS • • Industrial / General

TechnologyIT ServicesEnterprise Software & AI PlatformsFinancial Services Software

AboutCLPS Incorporation provides information technology, consulting, and solutions to institutions operating in banking, insurance, and financial sectors in the People's Republic of China and internationally. It offers IT consulting services in credit card business areas, such as credit card application, account setup, authorization and activation, settlement, collection, promotion, point system, anti-fraud, statement, reporting, and risk management. The company also provides banking services, including business analysis, system design, development, testing, system maintenance, and operation support; and services in loans, deposit, general ledger, wealth management, debit card, anti-money-laundering, statement and reporting, and risk management, as well as architecture consulting services for banking systems, and online and mobile banking. In addition, it offers solutions in the field of wealth management; e-commerce solutions in online platforms, cross-border e-commerce, logistics, and back-end technology, such as big data analysis and intelligent decision-making among others; and driving, automatic control, and other AI-driven technology solutions for the automotive industry. Further, the company provides IT consulting services to its clients in the banking, wealth management, e-commerce, and automotive industries, among others; and software project development, maintenance, and testing services. Additionally, it offers CLPS Virtual Banking platform, a training platform for IT talents; recruitment and headhunting, as well as fee-for-service training services; and sells product and third-party software. The company was founded in 2005 and is headquartered in Kwun Tong, Hong Kong.Show more

Revenue $143M -5.0%
EBITDA -$1M -199.2%
Net Income -$2M -1310.2%
EPS (Diluted) -0.09 -1213.3%
Gross Margin 23.07% +0.6%
EBITDA Margin -0.9% -204.4%
Operating Margin -1.78% -3598.8%
Net Margin -1.63% -1374.6%
ROE -3.6% -1346.7%
ROIC -3.29% -3503.2%
Debt/Equity 0.41 +136.4%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 17.1%
✓Trading at only 0.3x book value
✓Efficient asset utilization: 1.3x turnover

✗Weaknesses

✗Weak 3Y average ROE of 1.3%
✗Weak Piotroski F-Score: 3/9
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y17.07%

3Y4.25%

TTM0.9%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-149.42%

EPS CAGR

10Y-

5Y-

3Y-

TTM-140.76%

ROCE

10Y Avg9.65%

5Y Avg7.87%

3Y Avg2.58%

Latest-3.65%

Peer Comparison

Financial Services Software

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FORTYFormula Systems (1985) Ltd.	2.61B	170.01	33.40	5.21%	2.49%	4.55%	11.34%	0.50
JKHYJack Henry & Associates, Inc.	13.84B	191.25	30.65	7.21%	19.86%	22.11%	4.25%
VYXNCR Voyix Corporation	1.5B	10.82	-2.67	-11.08%	-1.77%	-4.18%		1.12
CLPSCLPS Incorporation	25.85M	0.87	-9.40	-5.02%	-1.27%	-6.06%	26.34%	0.41
WAYWaystar Holding Corp.	5.79B	30.27	-232.85	19.28%	10.69%	3.45%	2.46%	0.41

Profit & Loss

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024
Sales/Revenue+	29.02M	31.36M	48.94M	64.93M	89.42M	126.06M	152.02M	150.36M	142.81M
Revenue Growth %	-	0.08%	0.56%	0.33%	0.38%	0.41%	0.21%	-0.01%	-0.05%
Cost of Goods Sold+	17.46M	18.67M	31.28M	41.18M	58.3M	85.89M	111.03M	115.87M	109.87M
COGS % of Revenue	0.6%	0.6%	0.64%	0.63%	0.65%	0.68%	0.73%	0.77%	0.77%
Gross Profit+	11.56M	12.69M	17.66M	23.75M	31.12M	40.17M	40.99M	34.48M	32.95M
Gross Margin %	0.4%	0.4%	0.36%	0.37%	0.35%	0.32%	0.27%	0.23%	0.23%
Gross Profit Growth %	-	0.1%	0.39%	0.35%	0.31%	0.29%	0.02%	-0.16%	-0.04%
Operating Expenses+	9.5M	11.09M	15.94M	27M	27.2M	31.89M	33.58M	34.41M	35.49M
OpEx % of Revenue	0.33%	0.35%	0.33%	0.42%	0.3%	0.25%	0.22%	0.23%	0.25%
Selling, General & Admin	5.37M	6.85M	8.13M	19.56M	19.4M	20.54M	27.15M	24.94M	29.69M
SG&A % of Revenue	0.18%	0.22%	0.17%	0.3%	0.22%	0.16%	0.18%	0.17%	0.21%
Research & Development	5.58M	4.23M	7.84M	7.98M	10.44M	13.34M	7.97M	8.34M	7.16M
R&D % of Revenue	0.19%	0.13%	0.16%	0.12%	0.12%	0.11%	0.05%	0.06%	0.05%
Other Operating Expenses	-5.93K	0	-37.12K	-5.82K	-2.64M	-1.98M	-1.54M	1.13M	-1.36M
Operating Income+	613.65K	1.61M	1.73M	-3.07M	3.21M	8.38M	7.41M	76.39K	-2.54M
Operating Margin %	0.02%	0.05%	0.04%	-0.05%	0.04%	0.07%	0.05%	0%	-0.02%
Operating Income Growth %	-	1.62%	0.08%	-2.78%	2.04%	1.61%	-0.12%	-0.99%	-34.23%
EBITDA+	667.76K	1.75M	1.93M	-2.67M	3.8M	9.05M	8.32M	1.3M	-1.29M
EBITDA Margin %	0.02%	0.06%	0.04%	-0.04%	0.04%	0.07%	0.05%	0.01%	-0.01%
EBITDA Growth %	-	1.62%	0.1%	-2.38%	2.42%	1.38%	-0.08%	-0.84%	-1.99%
D&A (Non-Cash Add-back)	54.1K	143.63K	206.17K	403.7K	593.17K	677.24K	912.25K	1.22M	1.25M
EBIT	2.06M	2.11M	2.69M	-3.09M	3.21M	8.38M	7.41M	2.46M	-2.54M
Net Interest Income+	0	0	0	0	0	0	0	0	0
Interest Income	0	0	0	0	0	0	0	0	0
Interest Expense	0	0	0	0	0	0	0	0	0
Other Income/Expense	1.44M	497.72K	876.63K	-29.97K	0	-98.85K	228.35K	763.52K	851.83K
Pretax Income+	2.05M	2.1M	2.6M	-3.25M	3.91M	8.28M	7.63M	839.91K	-1.84M
Pretax Margin %	0.07%	0.07%	0.05%	-0.05%	0.04%	0.07%	0.05%	0.01%	-0.01%
Income Tax+	269.15K	-118.55K	-112.13K	186.62K	835.44K	1.26M	3.05M	674.34K	160.72K
Effective Tax Rate %	0.89%	0.97%	0.94%	1.01%	0.75%	0.82%	0.58%	0.23%	1.26%
Net Income+	1.83M	2.05M	2.43M	-3.27M	2.94M	6.82M	4.46M	192.53K	-2.33M
Net Margin %	0.06%	0.07%	0.05%	-0.05%	0.03%	0.05%	0.03%	0%	-0.02%
Net Income Growth %	-	0.12%	0.19%	-2.34%	1.9%	1.32%	-0.35%	-0.96%	-13.1%
Net Income (Continuing)	1.78M	2.22M	2.71M	-3.29M	3.08M	7.02M	4.59M	165.56K	-1.85M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	4.03K	477.11K	676.28K	608.16K	1.27M	1.04M	1.25M	927.8K	1.41M
EPS (Diluted)+	0.14	0.15	0.21	-0.24	0.20	0.39	0.21	0.01	-0.09
EPS Growth %	-	0.07%	0.4%	-2.14%	1.83%	0.95%	-0.46%	-0.96%	-
EPS (Basic)	0.14	0.15	0.21	-0.24	0.20	0.39	0.21	0.01	-0.09
Diluted Shares Outstanding	13.29M	13.59M	11.64M	13.84M	14.69M	17.57M	21.06M	23.15M	25.21M
Basic Shares Outstanding	13.29M	13.59M	11.52M	13.84M	14.69M	17.28M	20.92M	23.15M	25.21M
Dividend Payout Ratio	2.89%	0.36%	0.25%	-	-	0.01%	-	6.11%	-

Balance Sheet

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024
Total Current Assets+	9.91M	12.33M	29.05M	29.75M	40.51M	76.11M	76.76M	72.87M	78.08M
Cash & Short-Term Investments	5.28M	4.81M	9.74M	8.39M	13.29M	28.9M	18.4M	22.21M	31.22M
Cash Only	5.28M	4.81M	9.74M	6.6M	12.65M	24.74M	18.4M	22.21M	29.12M
Short-Term Investments	0	0	0	1.79M	636.93K	4.16M	0	0	2.1M
Accounts Receivable	4.37M	6.76M	16.4M	19.26M	25.75M	44.69M	54.15M	48.91M	42.34M
Days Sales Outstanding	55	78.71	122.31	108.28	105.13	129.38	130.01	118.72	108.21
Inventory	0	0	0	0	0	0	0	87.6K	0
Days Inventory Outstanding	-	-	-	-	-	-	-	0.28	-
Other Current Assets	260.16K	578.39K	2.7M	1.23M	1.45M	0	0	1.67M	4.52M
Total Non-Current Assets+	560.69K	1.2M	1.89M	2.36M	4.4M	5.11M	24.55M	22.44M	31.95M
Property, Plant & Equipment	326.82K	273.35K	333.9K	566.59K	452.47K	600.79K	20.6M	20.93M	23.95M
Fixed Asset Turnover	88.81x	114.73x	146.57x	114.60x	197.62x	209.83x	7.38x	7.18x	5.96x
Goodwill	0	195.08K	173.56K	447.79K	2.12M	2.44M	2.36M	0	1.47M
Intangible Assets	4.37M	305.46K	260.06K	427.77K	1.14M	1.05M	970.04K	726.17K	2.25M
Long-Term Investments	45.14K	474.94K	493.71K	914.01K	680.13K	1.01M	610.39K	456.6K	2.99M
Other Non-Current Assets	-371.96K	-351.16K	119.37K	-338.22K	-203.25K	-607.77K	-327.04K	252.66K	594.6K
Total Assets+	10.47M	13.52M	30.94M	32.66M	45.35M	82.73M	101.88M	95.32M	110.03M
Asset Turnover	2.77x	2.32x	1.58x	1.99x	1.97x	1.52x	1.49x	1.58x	1.30x
Asset Growth %	-	0.29%	1.29%	0.06%	0.39%	0.82%	0.23%	-0.06%	0.15%
Total Current Liabilities+	6.26M	8.21M	12.79M	11.27M	16.35M	23.03M	30.38M	26.31M	39.8M
Accounts Payable	58.59K	239.16K	1.45M	196.83K	268.66K	559.45K	343.6K	690.03K	949.14K
Days Payables Outstanding	1.22	4.68	16.98	1.74	1.68	2.38	1.13	2.17	3.15
Short-Term Debt	0	0	2.55M	2.18M	2.16M	7.54M	14.47M	10.55M	23.23M
Deferred Revenue (Current)	49.61K	110.63K	125.08K	233.44K	755.18K	326.91K	587.14K	918.47K	1000K
Other Current Liabilities	0	2.47M	1.22M	1.86M	1.2M	2.1M	2.31M	0	3.03M
Current Ratio	1.58x	1.50x	2.27x	2.64x	2.48x	3.30x	2.53x	2.77x	1.96x
Quick Ratio	1.58x	1.50x	2.27x	2.64x	2.48x	3.30x	2.53x	2.77x	1.96x
Cash Conversion Cycle	-	-	-	-	-	-	-	116.83	-
Total Non-Current Liabilities+	60	0	0	10.51M	380.66K	1.96M	3.7M	3.5M	6.31M
Long-Term Debt	0	0	0	0	22.55K	9.64K	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	104.11K	1.64M
Deferred Tax Liabilities	0	0	0	0	358.1K	155.03K	150.55K	185.38K	378.34K
Other Non-Current Liabilities	0	0	0	0	358.1K	1.8M	3.55M	3.21M	4.3M
Total Liabilities	6.26M	8.21M	12.79M	11.27M	16.73M	25M	34.08M	29.81M	46.11M
Total Debt+	0	0	2.55M	2.18M	2.18M	7.55M	14.47M	11.37M	26.23M
Net Debt	-5.28M	-4.81M	-7.19M	-4.42M	-10.47M	-17.19M	-3.92M	-10.84M	-2.88M
Debt / Equity	-	-	0.14x	0.10x	0.08x	0.13x	0.21x	0.17x	0.41x
Debt / EBITDA	-	-	1.32x	-	0.57x	0.83x	1.74x	8.77x	-
Net Debt / EBITDA	-7.90x	-2.75x	-3.72x	-	-2.76x	-1.90x	-0.47x	-8.37x	-
Interest Coverage	-	-	-	-	-	-	-	-	-
Total Equity+	4.21M	5.31M	18.16M	21.4M	28.62M	57.73M	67.8M	65.51M	63.92M
Equity Growth %	-	0.26%	2.42%	0.18%	0.34%	1.02%	0.17%	-0.03%	-0.02%
Book Value per Share	0.32	0.39	1.56	1.55	1.95	3.29	3.22	2.83	2.54
Total Shareholders' Equity	4.2M	4.83M	17.48M	20.79M	27.35M	56.69M	66.55M	64.58M	62.51M
Common Stock	1.13K	1.13K	1.36K	1.39K	1.59K	2.03K	2.24K	2.37K	2.56K
Retained Earnings	-2.98M	-2.52M	-524.62K	-2.68M	-2.68M	2.73M	6.32M	5.03M	-51.73K
Treasury Stock	0	0	0	0	0	0	0	0	0
Accumulated OCI	66.36K	233.4K	716.79K	1.02M	1.44M	5.44M	4.52M	1.37M	1.21M
Minority Interest	4.03K	477.11K	676.28K	608.16K	1.27M	1.04M	1.25M	927.8K	1.41M

Cash Flow

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024
Cash from Operations+	4.46M	624.34K	-4.77M	401.11K	5.93M	-2.61M	3.2M	9.71M	8.93M
Operating CF Margin %	0.15%	0.02%	-0.1%	0.01%	0.07%	-0.02%	0.02%	0.06%	0.06%
Operating CF Growth %	-	-0.86%	-8.64%	1.08%	13.79%	-1.44%	2.23%	2.03%	-0.08%
Net Income	1.78M	2.05M	2.43M	-3.27M	2.94M	6.82M	4.46M	165.56K	-1.85M
Depreciation & Amortization	54.1K	143.63K	206.17K	403.7K	593.17K	677.24K	912.25K	1.22M	1.25M
Stock-Based Compensation	0	0	0	7.02M	4M	5.13M	7.18M	2.48M	3.17M
Deferred Taxes	-96.71K	-221.11K	-208.05K	100.11K	172.74K	-413.61K	245.83K	264.03K	-717.68K
Other Non-Cash Items	2.58M	2.91M	9.96M	-793.98K	4.83M	1.89M	2.72M	3.24M	1.93M
Working Capital Changes	2.71M	-1.61M	-7.59M	-3.06M	-6.6M	-16.71M	-12.32M	2.34M	5.14M
Change in Receivables	1.05M	-2.41M	-9.75M	-3.06M	-6.6M	-16.71M	-12.32M	454.07K	7.18M
Change in Inventory	1.58M	-804.17K	-2.16M	677.38K	-5.09M	-1.63M	-2.51M	1.47M	0
Change in Payables	27.15K	52.57K	592.48K	-842.91K	146.36K	363.7K	-215.85K	346.44K	212.77K
Cash from Investing+	-374.35K	-94.78K	-492.67K	-3.86M	173.23K	-5.62M	-16.29M	-306.05K	-12.25M
Capital Expenditures	-327.77K	-62.52K	-231.23K	-499.55K	-167.7K	-1.07M	-20.75M	-519.28K	-2.12M
CapEx % of Revenue	0.01%	0%	0%	0.01%	0%	0.01%	0.14%	0%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	-39.93K	44.06K	-153.79K	-3.36M	-63.85K	-4.55M	-77.24K	88.36K	-5.68M
Cash from Financing+	-378.84K	-839.19K	10.3M	466.78K	125.36K	19.34M	7.47M	-4.32M	10.19M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	-5.28M	-736.44K	-612.99K	0	0	-34.14K	0	-1.18M	-2.55M
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	2.76M	-96.32K	-2.42M	-729.04K	200K	-339.32K	0	-207.09K	0
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	4.13M	561.83K	-5M	-98.45K	5.76M	-3.68M	-17.55M	9.19M	6.81M
FCF Margin %	0.14%	0.02%	-0.1%	-0%	0.06%	-0.03%	-0.12%	0.06%	0.05%
FCF Growth %	-	-0.86%	-9.91%	0.98%	59.54%	-1.64%	-3.77%	1.52%	-0.26%
FCF per Share	0.31	0.04	-0.43	-0.01	0.39	-0.21	-0.83	0.40	0.27
FCF Conversion (FCF/Net Income)	2.44x	0.30x	-1.96x	-0.12x	2.02x	-0.38x	0.72x	50.41x	-3.83x
Interest Paid	0	0	74.75K	69.6K	89.5K	154.52K	342.14K	365.89K	407.57K
Taxes Paid	285.02K	335.14K	325.61K	768.96K	1.17M	1.75M	676.18K	1.62M	857.51K

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	43.4%	43.02%	20.75%	-16.53%	11.75%	15.79%	7.1%	0.29%	-3.6%
Return on Invested Capital (ROIC)	-	242.35%	22.59%	-16.48%	13.69%	21.41%	10.64%	0.1%	-3.29%
Gross Margin	39.83%	40.47%	36.09%	36.58%	34.8%	31.87%	26.96%	22.93%	23.07%
Net Margin	6.29%	6.53%	4.97%	-5.04%	3.29%	5.41%	2.93%	0.13%	-1.63%
Debt / Equity	-	-	0.14x	0.10x	0.08x	0.13x	0.21x	0.17x	0.41x
FCF Conversion	2.44x	0.30x	-1.96x	-0.12x	2.02x	-0.38x	0.72x	50.41x	-3.83x
Revenue Growth	-	8.05%	56.04%	32.68%	37.7%	40.98%	20.59%	-1.1%	-5.02%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Other Member	-	-	-	-	-	-	1.83M
Other Member Growth	-	-	-	-	-	-	-

Revenue by Geography

	2018	2019	2020	2021	2022	2023	2024
CHINA	47.2M	-	-	112.51M	-	-	120.51M
CHINA Growth	-	-	-	-	-	-	-
SINGAPORE	-	2.53M	7.37M	9.61M	9.56M	8.73M	10.99M
SINGAPORE Growth	-	-	191.80%	30.45%	-0.55%	-8.65%	25.81%
HONG KONG	1.41M	1.96M	3.07M	3.73M	3.37M	4.31M	6.25M
HONG KONG Growth	-	38.72%	56.59%	21.36%	-9.72%	28.10%	44.87%
UNITED STATES	-	-	-	34.74K	883.48K	2.78M	4.37M
UNITED STATES Growth	-	-	-	-	2443.11%	214.59%	57.15%
JAPAN	-	-	5.39K	26.42K	137.05K	254.6K	566.41K
JAPAN Growth	-	-	-	389.78%	418.77%	85.77%	122.47%
PHILIPPINES	-	-	-	-	-	-	100.28K
PHILIPPINES Growth	-	-	-	-	-	-	-
MYANMAR	-	-	-	-	-	-	26.23K
MYANMAR Growth	-	-	-	-	-	-	-
INDIA	-	-	652	-	-	-	8.51K
INDIA Growth	-	-	-	-	-	-	-
MALAYSIA	-	-	125.75K	148.13K	161.13K	92.28K	-
MALAYSIA Growth	-	-	-	17.80%	8.78%	-42.73%	-
Mainland China	-	60.4M	78.84M	-	-	-	-
Mainland China Growth	-	-	30.53%	-	-	-	-
AUSTRALIA	210.98K	46.87K	2.17K	-	-	-	-
AUSTRALIA Growth	-	-77.79%	-95.38%	-	-	-	-
TAIWAN, PROVINCE OF CHINA	116.76K	-	-	-	-	-	-
TAIWAN, PROVINCE OF CHINA Growth	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

CLPS Incorporation (CLPS) reported $299.2M in revenue for fiscal year 2024. This represents a 931% increase from $29.0M in 2016.

CLPS Incorporation (CLPS) saw revenue decline by 5.0% over the past year.

CLPS Incorporation (CLPS) reported a net loss of $3.8M for fiscal year 2024.

Dividend & Returns

Yes, CLPS Incorporation (CLPS) pays a dividend with a yield of 11.66%. This makes it attractive for income-focused investors.

CLPS Incorporation (CLPS) has a return on equity (ROE) of -3.6%. Negative ROE indicates the company is unprofitable.

CLPS Incorporation (CLPS) had negative free cash flow of $7.5M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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CLPS Incorporation (CLPS) 10-Year Financial Performance & Capital Metrics

CLPS • • Industrial / General

TechnologyIT ServicesEnterprise Software & AI PlatformsFinancial Services Software

Revenue $143M -5.0%
EBITDA -$1M -199.2%
Net Income -$2M -1310.2%
EPS (Diluted) -0.09 -1213.3%
Gross Margin 23.07% +0.6%
EBITDA Margin -0.9% -204.4%
Operating Margin -1.78% -3598.8%
Net Margin -1.63% -1374.6%
ROE -3.6% -1346.7%
ROIC -3.29% -3503.2%
Debt/Equity 0.41 +136.4%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 17.1%
✓Trading at only 0.3x book value
✓Efficient asset utilization: 1.3x turnover

✗Weaknesses

✗Weak 3Y average ROE of 1.3%
✗Weak Piotroski F-Score: 3/9
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y17.07%

3Y4.25%

TTM0.9%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-149.42%

EPS CAGR

10Y-

5Y-

3Y-

TTM-140.76%

ROCE

10Y Avg9.65%

5Y Avg7.87%

3Y Avg2.58%

Latest-3.65%

Peer Comparison

Financial Services Software

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FORTYFormula Systems (1985) Ltd.	2.61B	170.01	33.40	5.21%	2.49%	4.55%	11.34%	0.50
JKHYJack Henry & Associates, Inc.	13.84B	191.25	30.65	7.21%	19.86%	22.11%	4.25%
VYXNCR Voyix Corporation	1.5B	10.82	-2.67	-11.08%	-1.77%	-4.18%		1.12
CLPSCLPS Incorporation	25.85M	0.87	-9.40	-5.02%	-1.27%	-6.06%	26.34%	0.41
WAYWaystar Holding Corp.	5.79B	30.27	-232.85	19.28%	10.69%	3.45%	2.46%	0.41

Profit & Loss

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024
Sales/Revenue+	29.02M	31.36M	48.94M	64.93M	89.42M	126.06M	152.02M	150.36M	142.81M
Revenue Growth %	-	0.08%	0.56%	0.33%	0.38%	0.41%	0.21%	-0.01%	-0.05%
Cost of Goods Sold+	17.46M	18.67M	31.28M	41.18M	58.3M	85.89M	111.03M	115.87M	109.87M
COGS % of Revenue	0.6%	0.6%	0.64%	0.63%	0.65%	0.68%	0.73%	0.77%	0.77%
Gross Profit+	11.56M	12.69M	17.66M	23.75M	31.12M	40.17M	40.99M	34.48M	32.95M
Gross Margin %	0.4%	0.4%	0.36%	0.37%	0.35%	0.32%	0.27%	0.23%	0.23%
Gross Profit Growth %	-	0.1%	0.39%	0.35%	0.31%	0.29%	0.02%	-0.16%	-0.04%
Operating Expenses+	9.5M	11.09M	15.94M	27M	27.2M	31.89M	33.58M	34.41M	35.49M
OpEx % of Revenue	0.33%	0.35%	0.33%	0.42%	0.3%	0.25%	0.22%	0.23%	0.25%
Selling, General & Admin	5.37M	6.85M	8.13M	19.56M	19.4M	20.54M	27.15M	24.94M	29.69M
SG&A % of Revenue	0.18%	0.22%	0.17%	0.3%	0.22%	0.16%	0.18%	0.17%	0.21%
Research & Development	5.58M	4.23M	7.84M	7.98M	10.44M	13.34M	7.97M	8.34M	7.16M
R&D % of Revenue	0.19%	0.13%	0.16%	0.12%	0.12%	0.11%	0.05%	0.06%	0.05%
Other Operating Expenses	-5.93K	0	-37.12K	-5.82K	-2.64M	-1.98M	-1.54M	1.13M	-1.36M
Operating Income+	613.65K	1.61M	1.73M	-3.07M	3.21M	8.38M	7.41M	76.39K	-2.54M
Operating Margin %	0.02%	0.05%	0.04%	-0.05%	0.04%	0.07%	0.05%	0%	-0.02%
Operating Income Growth %	-	1.62%	0.08%	-2.78%	2.04%	1.61%	-0.12%	-0.99%	-34.23%
EBITDA+	667.76K	1.75M	1.93M	-2.67M	3.8M	9.05M	8.32M	1.3M	-1.29M
EBITDA Margin %	0.02%	0.06%	0.04%	-0.04%	0.04%	0.07%	0.05%	0.01%	-0.01%
EBITDA Growth %	-	1.62%	0.1%	-2.38%	2.42%	1.38%	-0.08%	-0.84%	-1.99%
D&A (Non-Cash Add-back)	54.1K	143.63K	206.17K	403.7K	593.17K	677.24K	912.25K	1.22M	1.25M
EBIT	2.06M	2.11M	2.69M	-3.09M	3.21M	8.38M	7.41M	2.46M	-2.54M
Net Interest Income+	0	0	0	0	0	0	0	0	0
Interest Income	0	0	0	0	0	0	0	0	0
Interest Expense	0	0	0	0	0	0	0	0	0
Other Income/Expense	1.44M	497.72K	876.63K	-29.97K	0	-98.85K	228.35K	763.52K	851.83K
Pretax Income+	2.05M	2.1M	2.6M	-3.25M	3.91M	8.28M	7.63M	839.91K	-1.84M
Pretax Margin %	0.07%	0.07%	0.05%	-0.05%	0.04%	0.07%	0.05%	0.01%	-0.01%
Income Tax+	269.15K	-118.55K	-112.13K	186.62K	835.44K	1.26M	3.05M	674.34K	160.72K
Effective Tax Rate %	0.89%	0.97%	0.94%	1.01%	0.75%	0.82%	0.58%	0.23%	1.26%
Net Income+	1.83M	2.05M	2.43M	-3.27M	2.94M	6.82M	4.46M	192.53K	-2.33M
Net Margin %	0.06%	0.07%	0.05%	-0.05%	0.03%	0.05%	0.03%	0%	-0.02%
Net Income Growth %	-	0.12%	0.19%	-2.34%	1.9%	1.32%	-0.35%	-0.96%	-13.1%
Net Income (Continuing)	1.78M	2.22M	2.71M	-3.29M	3.08M	7.02M	4.59M	165.56K	-1.85M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	4.03K	477.11K	676.28K	608.16K	1.27M	1.04M	1.25M	927.8K	1.41M
EPS (Diluted)+	0.14	0.15	0.21	-0.24	0.20	0.39	0.21	0.01	-0.09
EPS Growth %	-	0.07%	0.4%	-2.14%	1.83%	0.95%	-0.46%	-0.96%	-
EPS (Basic)	0.14	0.15	0.21	-0.24	0.20	0.39	0.21	0.01	-0.09
Diluted Shares Outstanding	13.29M	13.59M	11.64M	13.84M	14.69M	17.57M	21.06M	23.15M	25.21M
Basic Shares Outstanding	13.29M	13.59M	11.52M	13.84M	14.69M	17.28M	20.92M	23.15M	25.21M
Dividend Payout Ratio	2.89%	0.36%	0.25%	-	-	0.01%	-	6.11%	-

Balance Sheet

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024
Total Current Assets+	9.91M	12.33M	29.05M	29.75M	40.51M	76.11M	76.76M	72.87M	78.08M
Cash & Short-Term Investments	5.28M	4.81M	9.74M	8.39M	13.29M	28.9M	18.4M	22.21M	31.22M
Cash Only	5.28M	4.81M	9.74M	6.6M	12.65M	24.74M	18.4M	22.21M	29.12M
Short-Term Investments	0	0	0	1.79M	636.93K	4.16M	0	0	2.1M
Accounts Receivable	4.37M	6.76M	16.4M	19.26M	25.75M	44.69M	54.15M	48.91M	42.34M
Days Sales Outstanding	55	78.71	122.31	108.28	105.13	129.38	130.01	118.72	108.21
Inventory	0	0	0	0	0	0	0	87.6K	0
Days Inventory Outstanding	-	-	-	-	-	-	-	0.28	-
Other Current Assets	260.16K	578.39K	2.7M	1.23M	1.45M	0	0	1.67M	4.52M
Total Non-Current Assets+	560.69K	1.2M	1.89M	2.36M	4.4M	5.11M	24.55M	22.44M	31.95M
Property, Plant & Equipment	326.82K	273.35K	333.9K	566.59K	452.47K	600.79K	20.6M	20.93M	23.95M
Fixed Asset Turnover	88.81x	114.73x	146.57x	114.60x	197.62x	209.83x	7.38x	7.18x	5.96x
Goodwill	0	195.08K	173.56K	447.79K	2.12M	2.44M	2.36M	0	1.47M
Intangible Assets	4.37M	305.46K	260.06K	427.77K	1.14M	1.05M	970.04K	726.17K	2.25M
Long-Term Investments	45.14K	474.94K	493.71K	914.01K	680.13K	1.01M	610.39K	456.6K	2.99M
Other Non-Current Assets	-371.96K	-351.16K	119.37K	-338.22K	-203.25K	-607.77K	-327.04K	252.66K	594.6K
Total Assets+	10.47M	13.52M	30.94M	32.66M	45.35M	82.73M	101.88M	95.32M	110.03M
Asset Turnover	2.77x	2.32x	1.58x	1.99x	1.97x	1.52x	1.49x	1.58x	1.30x
Asset Growth %	-	0.29%	1.29%	0.06%	0.39%	0.82%	0.23%	-0.06%	0.15%
Total Current Liabilities+	6.26M	8.21M	12.79M	11.27M	16.35M	23.03M	30.38M	26.31M	39.8M
Accounts Payable	58.59K	239.16K	1.45M	196.83K	268.66K	559.45K	343.6K	690.03K	949.14K
Days Payables Outstanding	1.22	4.68	16.98	1.74	1.68	2.38	1.13	2.17	3.15
Short-Term Debt	0	0	2.55M	2.18M	2.16M	7.54M	14.47M	10.55M	23.23M
Deferred Revenue (Current)	49.61K	110.63K	125.08K	233.44K	755.18K	326.91K	587.14K	918.47K	1000K
Other Current Liabilities	0	2.47M	1.22M	1.86M	1.2M	2.1M	2.31M	0	3.03M
Current Ratio	1.58x	1.50x	2.27x	2.64x	2.48x	3.30x	2.53x	2.77x	1.96x
Quick Ratio	1.58x	1.50x	2.27x	2.64x	2.48x	3.30x	2.53x	2.77x	1.96x
Cash Conversion Cycle	-	-	-	-	-	-	-	116.83	-
Total Non-Current Liabilities+	60	0	0	10.51M	380.66K	1.96M	3.7M	3.5M	6.31M
Long-Term Debt	0	0	0	0	22.55K	9.64K	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	104.11K	1.64M
Deferred Tax Liabilities	0	0	0	0	358.1K	155.03K	150.55K	185.38K	378.34K
Other Non-Current Liabilities	0	0	0	0	358.1K	1.8M	3.55M	3.21M	4.3M
Total Liabilities	6.26M	8.21M	12.79M	11.27M	16.73M	25M	34.08M	29.81M	46.11M
Total Debt+	0	0	2.55M	2.18M	2.18M	7.55M	14.47M	11.37M	26.23M
Net Debt	-5.28M	-4.81M	-7.19M	-4.42M	-10.47M	-17.19M	-3.92M	-10.84M	-2.88M
Debt / Equity	-	-	0.14x	0.10x	0.08x	0.13x	0.21x	0.17x	0.41x
Debt / EBITDA	-	-	1.32x	-	0.57x	0.83x	1.74x	8.77x	-
Net Debt / EBITDA	-7.90x	-2.75x	-3.72x	-	-2.76x	-1.90x	-0.47x	-8.37x	-
Interest Coverage	-	-	-	-	-	-	-	-	-
Total Equity+	4.21M	5.31M	18.16M	21.4M	28.62M	57.73M	67.8M	65.51M	63.92M
Equity Growth %	-	0.26%	2.42%	0.18%	0.34%	1.02%	0.17%	-0.03%	-0.02%
Book Value per Share	0.32	0.39	1.56	1.55	1.95	3.29	3.22	2.83	2.54
Total Shareholders' Equity	4.2M	4.83M	17.48M	20.79M	27.35M	56.69M	66.55M	64.58M	62.51M
Common Stock	1.13K	1.13K	1.36K	1.39K	1.59K	2.03K	2.24K	2.37K	2.56K
Retained Earnings	-2.98M	-2.52M	-524.62K	-2.68M	-2.68M	2.73M	6.32M	5.03M	-51.73K
Treasury Stock	0	0	0	0	0	0	0	0	0
Accumulated OCI	66.36K	233.4K	716.79K	1.02M	1.44M	5.44M	4.52M	1.37M	1.21M
Minority Interest	4.03K	477.11K	676.28K	608.16K	1.27M	1.04M	1.25M	927.8K	1.41M

Cash Flow

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024
Cash from Operations+	4.46M	624.34K	-4.77M	401.11K	5.93M	-2.61M	3.2M	9.71M	8.93M
Operating CF Margin %	0.15%	0.02%	-0.1%	0.01%	0.07%	-0.02%	0.02%	0.06%	0.06%
Operating CF Growth %	-	-0.86%	-8.64%	1.08%	13.79%	-1.44%	2.23%	2.03%	-0.08%
Net Income	1.78M	2.05M	2.43M	-3.27M	2.94M	6.82M	4.46M	165.56K	-1.85M
Depreciation & Amortization	54.1K	143.63K	206.17K	403.7K	593.17K	677.24K	912.25K	1.22M	1.25M
Stock-Based Compensation	0	0	0	7.02M	4M	5.13M	7.18M	2.48M	3.17M
Deferred Taxes	-96.71K	-221.11K	-208.05K	100.11K	172.74K	-413.61K	245.83K	264.03K	-717.68K
Other Non-Cash Items	2.58M	2.91M	9.96M	-793.98K	4.83M	1.89M	2.72M	3.24M	1.93M
Working Capital Changes	2.71M	-1.61M	-7.59M	-3.06M	-6.6M	-16.71M	-12.32M	2.34M	5.14M
Change in Receivables	1.05M	-2.41M	-9.75M	-3.06M	-6.6M	-16.71M	-12.32M	454.07K	7.18M
Change in Inventory	1.58M	-804.17K	-2.16M	677.38K	-5.09M	-1.63M	-2.51M	1.47M	0
Change in Payables	27.15K	52.57K	592.48K	-842.91K	146.36K	363.7K	-215.85K	346.44K	212.77K
Cash from Investing+	-374.35K	-94.78K	-492.67K	-3.86M	173.23K	-5.62M	-16.29M	-306.05K	-12.25M
Capital Expenditures	-327.77K	-62.52K	-231.23K	-499.55K	-167.7K	-1.07M	-20.75M	-519.28K	-2.12M
CapEx % of Revenue	0.01%	0%	0%	0.01%	0%	0.01%	0.14%	0%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	-39.93K	44.06K	-153.79K	-3.36M	-63.85K	-4.55M	-77.24K	88.36K	-5.68M
Cash from Financing+	-378.84K	-839.19K	10.3M	466.78K	125.36K	19.34M	7.47M	-4.32M	10.19M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	-5.28M	-736.44K	-612.99K	0	0	-34.14K	0	-1.18M	-2.55M
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	2.76M	-96.32K	-2.42M	-729.04K	200K	-339.32K	0	-207.09K	0
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	4.13M	561.83K	-5M	-98.45K	5.76M	-3.68M	-17.55M	9.19M	6.81M
FCF Margin %	0.14%	0.02%	-0.1%	-0%	0.06%	-0.03%	-0.12%	0.06%	0.05%
FCF Growth %	-	-0.86%	-9.91%	0.98%	59.54%	-1.64%	-3.77%	1.52%	-0.26%
FCF per Share	0.31	0.04	-0.43	-0.01	0.39	-0.21	-0.83	0.40	0.27
FCF Conversion (FCF/Net Income)	2.44x	0.30x	-1.96x	-0.12x	2.02x	-0.38x	0.72x	50.41x	-3.83x
Interest Paid	0	0	74.75K	69.6K	89.5K	154.52K	342.14K	365.89K	407.57K
Taxes Paid	285.02K	335.14K	325.61K	768.96K	1.17M	1.75M	676.18K	1.62M	857.51K

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	43.4%	43.02%	20.75%	-16.53%	11.75%	15.79%	7.1%	0.29%	-3.6%
Return on Invested Capital (ROIC)	-	242.35%	22.59%	-16.48%	13.69%	21.41%	10.64%	0.1%	-3.29%
Gross Margin	39.83%	40.47%	36.09%	36.58%	34.8%	31.87%	26.96%	22.93%	23.07%
Net Margin	6.29%	6.53%	4.97%	-5.04%	3.29%	5.41%	2.93%	0.13%	-1.63%
Debt / Equity	-	-	0.14x	0.10x	0.08x	0.13x	0.21x	0.17x	0.41x
FCF Conversion	2.44x	0.30x	-1.96x	-0.12x	2.02x	-0.38x	0.72x	50.41x	-3.83x
Revenue Growth	-	8.05%	56.04%	32.68%	37.7%	40.98%	20.59%	-1.1%	-5.02%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Other Member	-	-	-	-	-	-	1.83M
Other Member Growth	-	-	-	-	-	-	-

Revenue by Geography

	2018	2019	2020	2021	2022	2023	2024
CHINA	47.2M	-	-	112.51M	-	-	120.51M
CHINA Growth	-	-	-	-	-	-	-
SINGAPORE	-	2.53M	7.37M	9.61M	9.56M	8.73M	10.99M
SINGAPORE Growth	-	-	191.80%	30.45%	-0.55%	-8.65%	25.81%
HONG KONG	1.41M	1.96M	3.07M	3.73M	3.37M	4.31M	6.25M
HONG KONG Growth	-	38.72%	56.59%	21.36%	-9.72%	28.10%	44.87%
UNITED STATES	-	-	-	34.74K	883.48K	2.78M	4.37M
UNITED STATES Growth	-	-	-	-	2443.11%	214.59%	57.15%
JAPAN	-	-	5.39K	26.42K	137.05K	254.6K	566.41K
JAPAN Growth	-	-	-	389.78%	418.77%	85.77%	122.47%
PHILIPPINES	-	-	-	-	-	-	100.28K
PHILIPPINES Growth	-	-	-	-	-	-	-
MYANMAR	-	-	-	-	-	-	26.23K
MYANMAR Growth	-	-	-	-	-	-	-
INDIA	-	-	652	-	-	-	8.51K
INDIA Growth	-	-	-	-	-	-	-
MALAYSIA	-	-	125.75K	148.13K	161.13K	92.28K	-
MALAYSIA Growth	-	-	-	17.80%	8.78%	-42.73%	-
Mainland China	-	60.4M	78.84M	-	-	-	-
Mainland China Growth	-	-	30.53%	-	-	-	-
AUSTRALIA	210.98K	46.87K	2.17K	-	-	-	-
AUSTRALIA Growth	-	-77.79%	-95.38%	-	-	-	-
TAIWAN, PROVINCE OF CHINA	116.76K	-	-	-	-	-	-
TAIWAN, PROVINCE OF CHINA Growth	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

CLPS Incorporation (CLPS) reported $299.2M in revenue for fiscal year 2024. This represents a 931% increase from $29.0M in 2016.

CLPS Incorporation (CLPS) saw revenue decline by 5.0% over the past year.

CLPS Incorporation (CLPS) reported a net loss of $3.8M for fiscal year 2024.

Dividend & Returns

Yes, CLPS Incorporation (CLPS) pays a dividend with a yield of 11.66%. This makes it attractive for income-focused investors.

CLPS Incorporation (CLPS) has a return on equity (ROE) of -3.6%. Negative ROE indicates the company is unprofitable.

CLPS Incorporation (CLPS) had negative free cash flow of $7.5M in fiscal year 2024, likely due to heavy capital investments.