香港2024年10月18日 /美通社/ -- 華欽科技集團(tuán)公司（納斯達(dá)克代碼：CLPS，以下簡稱"華欽科技"或"集團(tuán)"）于今日公布2024下半財(cái)年（2024年1月1日至2024年6月30日）及2024全年財(cái)務(wù)報(bào)告（2023年7月1日至2024年6月30日）。
2024財(cái)年期間，面對全球經(jīng)濟(jì)的不確定性和全行業(yè)裁員潮等不利因素帶來的挑戰(zhàn)，但華欽科技依然展現(xiàn)出了發(fā)展韌性和戰(zhàn)略眼光。為應(yīng)對各類復(fù)雜局勢，集團(tuán)積極調(diào)整業(yè)務(wù)運(yùn)營，為持續(xù)增長做好準(zhǔn)備。此外，長期實(shí)施的"雙引擎"發(fā)展戰(zhàn)略，既強(qiáng)調(diào)全球影響力擴(kuò)張，同時也向新行業(yè)領(lǐng)域多元化發(fā)展，對于華欽科技實(shí)現(xiàn)既定目標(biāo)也至關(guān)重要。同時，對于先進(jìn)IT服務(wù)和專業(yè)人才的需求依然保持日益增長，提供了有利環(huán)境，使得華欽科技能夠積極抓住國際商業(yè)機(jī)會，推進(jìn)未來成功。
同2023財(cái)年下半年（即截止于2023年6月30日的6個月）財(cái)務(wù)數(shù)據(jù)相比，華欽科技 2024財(cái)年下半年未經(jīng)審計(jì)的財(cái)務(wù)數(shù)據(jù)亮點(diǎn)如下：
同2023財(cái)年（即截止于2023年6月30日的12個月）財(cái)務(wù)數(shù)據(jù)相比，華欽科技 2024財(cái)年全年經(jīng)審計(jì)的財(cái)務(wù)數(shù)據(jù)亮點(diǎn)如下：
華欽科技首席執(zhí)行官林明輝先生表示："盡管本財(cái)年的財(cái)務(wù)業(yè)績未能達(dá)到最初預(yù)期，但我為華欽科技團(tuán)隊(duì)在應(yīng)對充滿挑戰(zhàn)的市場環(huán)境中所展現(xiàn)出的堅(jiān)韌和靈活性感到自豪。由于一些客戶的戰(zhàn)略調(diào)整，我們面臨逆風(fēng)，但我們采取積極措施規(guī)避潛在損失，并為長期增長做好準(zhǔn)備。"
"我們致力于為客戶提供卓越的服務(wù)，這使得我們能夠在保持客戶忠誠度的基礎(chǔ)上開拓新的業(yè)務(wù)。此外，我們還戰(zhàn)略收購了新加坡學(xué)習(xí)機(jī)構(gòu)CAE，以及Shell Infotech Pte. Ltd. 及其全資子公司 Shell Infotech Consulting Sdn. Bhd.，進(jìn)一步鞏固了我們在東南亞地區(qū)IT服務(wù)領(lǐng)域的地位，同時拓展了業(yè)務(wù)能力和市場范圍。我們通過并購活動進(jìn)入貸款、電子商務(wù)、旅游和教育等相關(guān)領(lǐng)域，實(shí)現(xiàn)了多元化，使推動增長的業(yè)務(wù)能力得到增強(qiáng)和補(bǔ)充。"
"在數(shù)字化轉(zhuǎn)型加速、遠(yuǎn)程辦公廣泛采用以及企業(yè)對靈活高效IT基礎(chǔ)設(shè)施日益重視等因素的推動下，市場對IT解決方案的需求預(yù)計(jì)將激增。我們在本財(cái)年期間建立了中國開發(fā)中心（"CDC"）和全球測試中心（"GTC"），這些舉措將在未來幫助我們在不斷發(fā)展的IT技術(shù)領(lǐng)域中保持競爭優(yōu)勢。"
"展望未來，我們將繼續(xù)致力于為股東創(chuàng)造長期價值。通過卓越運(yùn)營、財(cái)務(wù)紀(jì)律和戰(zhàn)略增長，我們有信心應(yīng)對未來的挑戰(zhàn)，并把握新的市場機(jī)遇。"
華欽科技首席財(cái)務(wù)官楊瑞女士對此表示："全球擴(kuò)張戰(zhàn)略是我們本財(cái)年的重點(diǎn)之一，來自中國大陸以外地區(qū)的收入增長了37.9%。其中，亞太地區(qū)業(yè)務(wù)表現(xiàn)出顯著增長，在新加坡、中國香港和日本的業(yè)務(wù)分別大幅增長25.8%、44.9%和122.5%。在北美地區(qū)，加拿大地區(qū)的業(yè)務(wù)得到了加強(qiáng)，美國地區(qū)的業(yè)務(wù)收入增長了57.2%，這得益于知名度提高、戰(zhàn)略招聘和市場需求提升。此外，我們最近在阿聯(lián)酋迪拜的擴(kuò)張進(jìn)一步拓展了全球足跡，并在蓬勃發(fā)展的中東市場開辟了新的機(jī)會。這些成就彰顯了我們的團(tuán)隊(duì)實(shí)力、商業(yè)價值以及全球戰(zhàn)略的有效性。"
"在過去的三個財(cái)年中，由于對現(xiàn)金流管理的重視，我們產(chǎn)生了持續(xù)正向的經(jīng)營現(xiàn)金流。在本財(cái)年，我們將應(yīng)收賬款周轉(zhuǎn)天數(shù)從123天縮短到111天，提升了資金流動性，使未來的投資和業(yè)務(wù)擴(kuò)張成為可能。"
2024財(cái)年下半年未經(jīng)審計(jì)的財(cái)務(wù)數(shù)據(jù)：
收入
2024財(cái)年下半年，收入從上年同期的7,360萬美元減少到7,100萬美元，同比下降260萬美元，同比降幅3.5%。收入下降的主要原因是IT咨詢服務(wù)收入的下降。
按類型分
按業(yè)務(wù)分
按地域分
毛利
2024財(cái)年下半年，毛利從上年同期的1,600萬美元增長到1,720萬美元，同比增長120萬美元，同比增幅7.3%。毛利增加主要是由于為應(yīng)對總收入減少而對銷售成本進(jìn)行積極優(yōu)化。
運(yùn)營費(fèi)用
2024財(cái)年下半年，銷售和市場費(fèi)用從上年同期的60萬美元增長到180萬美元，同比增加120萬美元，同比增幅199.9%。銷售和市場費(fèi)用占總收入的比例從上年同期的0.8%增加到2.6%。銷售和市場費(fèi)用增長的主要原因是為把握業(yè)務(wù)增長機(jī)遇而增加的銷售人員相關(guān)成本。
2024財(cái)年下半年，研發(fā)費(fèi)用從上年同期的398萬美元減少到396萬美元，同比下降2萬美元，同比降幅0.4%。研發(fā)費(fèi)用占總收入的比例從上年同期的5.4%增加到5.6%。與去年同期相比，研發(fā)費(fèi)用基本持平。
2024財(cái)年下半年，管理費(fèi)用從上年同期的1,090萬美元增長到1,390萬美元，同比增加300萬美元，同比增幅27.3%。管理費(fèi)用占總收入的比例從上年同期的14.9%增加到19.6%。管理費(fèi)用增長主要是由于我們對定制IT解決方案服務(wù)需求的預(yù)期增長，從而建立了集團(tuán)CDC和GTC所產(chǎn)生的費(fèi)用。
營業(yè)虧損
2024財(cái)年下半年，營業(yè)虧損為160萬美元，上年同期營業(yè)虧損為130萬美元。營業(yè)利潤率從上年同期的-1.7%降至-2.3%。
其他收入和費(fèi)用
2024財(cái)年下半年，扣除其他費(fèi)用后的其他收入總計(jì)為60萬美元，上年同期扣除其他費(fèi)用后的其他收入總計(jì)為50萬美元。
所得稅（費(fèi)用）收入
2024財(cái)年下半年，所得稅收入為20萬美元，上年同期的所得稅費(fèi)用為50萬美元。
凈（虧損）利潤和每股收益
2024財(cái)年下半年，凈虧損為90萬美元，上年同期凈虧損為120萬美元。
2024財(cái)年下半年，Non-GAAP 凈虧損[1]為40萬美元，上年同期Non-GAAP 凈利潤為170萬美元。
2024財(cái)年下半年，歸屬于華欽科技股東的凈虧損為80萬美元，基本每股虧損和稀釋每股虧損均為0. 03美元，上年同期歸屬于華欽科技股東的凈虧損為110萬美元，基本每股虧損稀釋每股虧損均為0.05美元。
2024財(cái)年下半年，歸屬于華欽科技股東的Non-GAAP 凈虧損[2]為40萬美元，基本每股虧損和稀釋每股虧損均為0.02美元，上年同期歸屬于華欽科技股東的Non-GAAP凈利潤為180萬美元，基本每股收益和稀釋每股收益均為0.08美元。
2024財(cái)年全年經(jīng)審計(jì)的財(cái)務(wù)數(shù)據(jù)：
收入
2024財(cái)年全年，收入從上年同期的1.504億美元減少到1.428億美元，同比下降760萬美元，同比降幅5.0%。收入減少的主要原因是IT咨詢服務(wù)需求減少。
按類型分
按業(yè)務(wù)分
按地域分
毛利
2024財(cái)年全年，毛利從上年同期的3,450萬美元減少到3,290萬美元，同比下降160萬美元，同比降幅4.5%。毛利的減少主要是由于總收入下降。
運(yùn)營費(fèi)用
2024財(cái)年全年，銷售和市場費(fèi)用從上年同期的330萬美元增加到460萬美元，同比增長130萬美元，同比增幅38.6%。銷售和市場費(fèi)用占總收入的比例從上年同期的2.2%增加到3.2%。銷售和市場費(fèi)用增長的主要原因是為把握業(yè)務(wù)增長機(jī)遇而增加的銷售人員相關(guān)成本。
2024財(cái)年全年，研發(fā)費(fèi)用從上年同期的830萬美元減少到720萬美元，同比下降110萬美元，同比降幅14.2%。研發(fā)費(fèi)用占總收入的比例從上年同期的5.5%下降至5.0%。研發(fā)費(fèi)用減少的主要原因是集團(tuán)對研發(fā)部門進(jìn)行了戰(zhàn)略調(diào)整。
2024財(cái)年全年，管理費(fèi)用由上年同期的2,160萬美元增加到2,510萬美元，同比增長350萬美元，同比增幅16.1%。管理費(fèi)用占總收入的比例從上年同期的14.4%增加到17.6%。管理費(fèi)用增長主要是由于我們對定制IT解決方案服務(wù)需求的預(yù)期增長，從而建立了集團(tuán)CDC和GTC所產(chǎn)生的費(fèi)用。
營業(yè)利潤（虧損）
2024財(cái)年全年，營業(yè)虧損為250萬美元，上年同期營業(yè)利潤為7.64萬美元，營業(yè)利潤率從上年同期的0.1%降至-1.8%。
其他收入和費(fèi)用
2024財(cái)年全年，扣除其他費(fèi)用后的其他收入總計(jì)為70萬美元，上年同期扣除其他費(fèi)用后的其他收入總計(jì)為69萬美元。
所得稅費(fèi)用
2024財(cái)年全年，所得稅費(fèi)用為20萬美元，上年同期所得稅費(fèi)用為70萬美元。
凈（虧損）利潤和每股收益
2024財(cái)年全年，凈虧損為180萬美元，上年同期凈利潤為20萬美元。
2024財(cái)年全年，Non-GAAP 凈利潤1從上年同期的500萬美元減少到130萬美元，同比下降370萬美元，同比降幅73.7%。
2024財(cái)年全年，歸屬于華欽科技股東的凈虧損為230萬美元，基本每股虧損和稀釋每股虧損均為0.09美元，上年同期歸屬于華欽科技股東的凈利潤為20萬美元，基本每股收益和稀釋每股收益均為0.01美元。
2024財(cái)年全年，歸屬于華欽科技股東的Non-GAAP 凈利潤2為80萬美元，基本每股收益和稀釋每股收益均為0.03美元，上年同期歸屬于華欽科技股東的Non-GAAP 凈利潤為510萬美元，基本每股收益和稀釋每股收益均為0.22美元。
現(xiàn)金流
截至2024年6月30日，華欽科技的現(xiàn)金及現(xiàn)金等價物為2,910萬美元，上年同期為2,220萬美元。
截至2024年6月30日的12個月，經(jīng)營活動產(chǎn)生的現(xiàn)金流約為890萬美元，投資活動使用的現(xiàn)金流約為1,230萬美元，融資活動產(chǎn)生的現(xiàn)金流約為1,020萬美元。匯率變化對現(xiàn)金的影響約為-2.85萬美元。華欽科技認(rèn)為，其目前的現(xiàn)金狀況和運(yùn)營現(xiàn)金流足以滿足至少未來12個月的預(yù)期現(xiàn)金需求。
財(cái)務(wù)展望
盡管短期內(nèi)我們的業(yè)務(wù)受到挑戰(zhàn)，我們?nèi)匀粚﹂L期的業(yè)務(wù)發(fā)展充滿信心。對于2025財(cái)年，我們預(yù)計(jì)，考慮到財(cái)務(wù)數(shù)據(jù)可能受到匯率浮動的影響，以及假定沒有重大收購或重大非經(jīng)常性交易，與2024年財(cái)年相比，收入增長約在12%至17%的范圍內(nèi)，Non-GAAP凈利潤增長約在15%至20%的范圍內(nèi)。
這一預(yù)測反映了我們目前和初步的觀點(diǎn)，這些觀點(diǎn)可能會發(fā)生變化，也可能受到風(fēng)險(xiǎn)和不確定性的影響，包括但不限于我們在公開文件中說明的我們的業(yè)務(wù)和運(yùn)營面臨的各種風(fēng)險(xiǎn)和不確定性。
匯率
截至2024年6月30日，除所有者權(quán)益項(xiàng)目外，資產(chǎn)負(fù)債表折算匯率為7.2672元對1.00美元，截至2023年6月30日為7.2513元對1.00美元。權(quán)益賬戶按歷史匯率列報(bào)。截至2024年6月30日和2023年6月30日，損益表賬戶的平均折算率分別為7.2248元對1.00美元和6.9536元對1.00美元。人民幣相對于美元價值的變化可能會影響我們以美元為單位報(bào)告的財(cái)務(wù)業(yè)績，而不會影響我們業(yè)務(wù)或經(jīng)營成果的任何潛在變化。
華欽科技集團(tuán)公司簡介
華欽科技集團(tuán)公司總部位于中國香港，是一家領(lǐng)先的全球信息技術(shù)（"IT"）咨詢和解決方案服務(wù)提供商。主要服務(wù)于銀行、財(cái)富管理、電子商務(wù)、汽車領(lǐng)域的客戶。作為金融科技和金融服務(wù)行業(yè)日益壯大的客戶網(wǎng)絡(luò)的IT服務(wù)提供商，集團(tuán)已將業(yè)務(wù)拓展至核心IT服務(wù)之外，進(jìn)入貸款、電子商務(wù)、學(xué)術(shù)教育和旅游等領(lǐng)域。通過多樣化的業(yè)務(wù)布局，華欽科技致力于為客戶提供全面的服務(wù)和解決方案。集團(tuán)目前共擁有20所交付和研發(fā)中心來服務(wù)于不同地區(qū)的客戶。集團(tuán)中國大陸的交付和研發(fā)中心位于上海、北京、大連、天津、西安、成都、廣州、深圳、杭州和海南，集團(tuán)其余十所國際交付和研發(fā)中心分別位于中國香港、美國、日本、新加坡、馬來西亞、澳大利亞、印度、菲律賓、加拿大和阿聯(lián)酋。有關(guān)集團(tuán)的更多信息，請?jiān)L問：https://ir.clpsglobal.com/，或關(guān)注華欽科技的官方賬號Facebook, Instagram, LinkedIn, X (formerly Twitter), 和 YouTube。
前瞻性聲明
本新聞稿中的某些陳述屬于經(jīng)修訂的1933年證券法第27A條和經(jīng)修訂的1934年證券交易法第21E條的含義和保護(hù)范圍內(nèi)的"前瞻性聲明"。前瞻性聲明包括有關(guān)集團(tuán)信念、計(jì)劃、目標(biāo)、預(yù)期、假設(shè)、估計(jì)、意圖和未來業(yè)績的陳述，并涉及已知和未知的風(fēng)險(xiǎn)，不確定性和其他因素。這可能超出了集團(tuán)的控制權(quán)，可能導(dǎo)致公司的實(shí)際業(yè)績、表現(xiàn)、資本、所有權(quán)或成就與此類前瞻性聲明中明示或暗示的未來業(yè)績，表現(xiàn)或成就產(chǎn)生重大差異。所有此類前瞻性陳述均適用于此項(xiàng)警示性通知，包括但不限于集團(tuán)未來增長、表現(xiàn)、成果的預(yù)期，集團(tuán)利用各類商業(yè)、并購、技術(shù)等相關(guān)機(jī)會和舉措的能力，以及集團(tuán)近期在美國證券交易委員會的報(bào)告和備案中描述的風(fēng)險(xiǎn)和不確定性。此類報(bào)告可應(yīng)要求由集團(tuán)提供，或通過美國證券交易委員會網(wǎng)站 http://www.sec.gov 查詢。集團(tuán)沒有義務(wù)也不承諾在此日期之后或在其他任何此類陳述的相應(yīng)日期之后更新，修改或更正任何前瞻性聲明。
Non-GAAP財(cái)務(wù)指標(biāo)的使用
除了未顯示的合并股東權(quán)益變動表、合并現(xiàn)金流量表和附注之外，簡明合并財(cái)務(wù)信息按照美國公認(rèn)會計(jì)原則（"U.S. GAAP"）編制。集團(tuán)采用的Non-GAAP營業(yè)利潤（虧損）、Non-GAAP管理費(fèi)用、Non-GAAP營業(yè)利潤率、歸屬于華欽科技股東的Non-GAAP凈利潤（虧損）以及基本和稀釋的Non-GAAP每股凈收益（虧損），均為Non-GAAP（非公認(rèn)會計(jì)原則）財(cái)務(wù)指標(biāo)。Non-GAAP營業(yè)利潤（虧損）是指不包括非現(xiàn)金性股份報(bào)酬費(fèi)用的營業(yè)利潤（虧損）。Non-GAAP管理費(fèi)用是指不包括非現(xiàn)金性股份報(bào)酬費(fèi)用的管理費(fèi)用。Non-GAAP營業(yè)利潤率是指非公認(rèn)會計(jì)原則營業(yè)利潤占收入的百分比。歸屬于華欽科技股東的Non-GAAP凈利潤（虧損）是歸屬于華欽科技股東的不包括非現(xiàn)金性股份報(bào)酬費(fèi)用的凈利潤（虧損）?；竞拖♂尩腘on-GAAP每股凈收益（虧損）是指歸屬于普通股股東的Non-GAAP凈利潤（虧損）除以計(jì)算基本和稀釋每股凈收益時使用的加權(quán)平均股份數(shù)。集團(tuán)認(rèn)為，單獨(dú)分析和排除股份報(bào)酬費(fèi)用對非現(xiàn)金的影響，明確了其業(yè)績構(gòu)成部分。集團(tuán)評價這些Non-GAAP的財(cái)務(wù)指標(biāo)和GAAP的財(cái)務(wù)指標(biāo)，以便更好地了解其經(jīng)營業(yè)績。集團(tuán)使用Non-GAAP的財(cái)務(wù)指標(biāo)來規(guī)劃、預(yù)測和衡量預(yù)測結(jié)果。集團(tuán)認(rèn)為，Non-GAAP財(cái)務(wù)指標(biāo)是投資者和分析師評估其經(jīng)營業(yè)績的有用補(bǔ)充信息，而無需考慮這些在公司經(jīng)營中始終存在的重大經(jīng)常性的非現(xiàn)金性股份報(bào)酬費(fèi)用以及商譽(yù)減值的影響。然而，作為一種分析工具，使用Non-GAAP財(cái)務(wù)指標(biāo)有著實(shí)質(zhì)性的局限性。使用Non-GAAP財(cái)務(wù)指標(biāo)的一個局限性是，這些指標(biāo)不包括影響本期集團(tuán)凈利潤的所有項(xiàng)目。此外，并非所有公司都以相同的方式計(jì)量Non-GAAP財(cái)務(wù)指標(biāo)，因此它們可能無法與其他公司使用的其他類似名稱的指標(biāo)進(jìn)行比較。鑒于上述限制，您不應(yīng)將Non-GAAP財(cái)務(wù)指標(biāo)與GAAP財(cái)務(wù)指標(biāo)分離開看，也不能作為其替代指標(biāo)。
這些Non-GAAP財(cái)務(wù)指標(biāo)的列報(bào)不應(yīng)被視為與根據(jù)GAAP編制和列報(bào)的財(cái)務(wù)信息相分離或作為其替代。集團(tuán)鼓勵投資者仔細(xì)考慮其在GAAP下的業(yè)績，補(bǔ)充的Non-GAAP信息以及這些列報(bào)之間的調(diào)整，以更全面地了解其業(yè)務(wù)。有關(guān)這些Non-GAAP財(cái)務(wù)指標(biāo)的更多信息，請參見以下"Reconciliations of Non-GAAP and GAAP Results"。
詳情請聯(lián)系：
華欽科技集團(tuán)公司
Rhon Galicha
投資者關(guān)系辦公室
電話：+86-182-2192-5378
郵箱：ir@clpsglobal.com
[1] "Non-GAAP凈利潤（虧損）"是一種Non-GAAP財(cái)務(wù)指標(biāo)，其定義為不包括非現(xiàn)金股份報(bào)酬的凈利潤（虧損），詳細(xì)信息請參閱"Reconciliation of Non-GAAP and GAAP Results"。
[2] "歸屬于華欽科技股東的Non-GAAP凈利潤（虧損）"是一種Non-GAAP的財(cái)務(wù)指標(biāo)，其定義為歸屬于公司股東不包括非現(xiàn)金股份報(bào)酬的凈利潤（虧損），詳細(xì)信息請參閱"Reconciliation of Non-GAAP and GAAP Results"。
CLPS INCORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in U.S. dollars ("$"), except for number of shares) |
||||||||
As of |
||||||||
June 30, 2024 (Audited) |
December 31, 2023 (Unaudited) |
|||||||
ASSETS |
||||||||
Current assets: |
||||||||
Cash and cash equivalents |
29,116,431 |
35,108,870 |
||||||
Restricted cash |
24,081 |
89,539 |
||||||
Short-term investments |
2,100,000 |
- |
||||||
Accounts receivable, net |
38,779,209 |
39,092,817 |
||||||
Prepayments, deposits and other assets, net |
4,497,578 |
3,279,971 |
||||||
Amounts due from related parties |
3,559,109 |
465,582 |
||||||
Total Current Assets |
$ |
78,076,408 |
$ |
78,036,779 |
||||
Non-Current assets: |
||||||||
Property and equipment, net |
21,168,524 |
21,404,190 |
||||||
Intangible assets, net |
2,254,372 |
689,783 |
||||||
Operating lease right-of-use assets |
2,776,858 |
3,006,854 |
||||||
Goodwill |
1,473,899 |
- |
||||||
Long-term investments |
613,807 |
612,843 |
||||||
Prepayments, deposits and other assets, net |
594,603 |
1,614,426 |
||||||
Amounts due from related parties |
2,374,298 |
422,541 |
||||||
Deferred tax assets, net |
697,047 |
115,975 |
||||||
Total Assets |
$ |
110,029,816 |
$ |
105,903,391 |
||||
LIABILITIES AND SHAREHOLDERS' EQUITY |
||||||||
Current liabilities: |
||||||||
Bank loans |
$ |
23,232,856 |
$ |
15,699,530 |
||||
Accounts payable |
949,137 |
925,425 |
||||||
Accrued expenses and other current liabilities |
799,495 |
379,474 |
||||||
Tax payables |
2,351,615 |
1,860,960 |
||||||
Contract liabilities |
1,139,001 |
1,189,953 |
||||||
Salaries and benefits payable |
9,941,541 |
13,228,752 |
||||||
Operating lease liabilities |
1,361,928 |
1,230,907 |
||||||
Amount due to related parties |
20,230 |
25,344 |
||||||
Total Current Liabilities |
$ |
39,795,803 |
$ |
34,540,345 |
||||
Non-Current liabilities: |
||||||||
Operating lease liabilities |
1,638,243 |
1,906,298 |
||||||
Deferred tax liabilities |
378,344 |
111,057 |
||||||
Unrecognized tax benefit |
3,413,850 |
2,843,667 |
||||||
Other non-current liabilities |
883,963 |
904,793 |
||||||
Total Liabilities |
$ |
46,110,203 |
$ |
40,306,160 |
||||
Commitments and Contingencies |
||||||||
Shareholders' Equity |
||||||||
Common shares, $0.0001 par value, 100,000,000 shares authorized; 25,640,056 shares issued and outstanding as of June 30, 2024; 25,616,056 shares issued and outstanding as of December 31, 2023 |
2,564 |
2,562 |
||||||
Additional paid-in capital |
61,351,200 |
60,914,080 |
||||||
Statutory reserves |
5,553,104 |
5,517,142 |
||||||
(Accumulated deficit) retained earnings |
(51,728) |
826,631 |
||||||
Accumulated other comprehensive losses |
(4,345,902) |
(3,116,935) |
||||||
Total CLPS Incorporation's Shareholders' Equity |
62,509,238 |
64,143,480 |
||||||
Noncontrolling Interests |
1,410,375 |
1,453,751 |
||||||
Total Shareholders' Equity |
63,919,613 |
65,597,231 |
||||||
Total Liabilities and Shareholders' Equity |
$ |
110,029,816 |
$ |
105,903,391 |
||||
CLPS INCORPORATION UNAUDITED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE LOSS (Amounts in U.S. dollars ("$"), except for number of shares) |
||||||||||||
For the six months ended June 30, |
||||||||||||
2024 |
2023 |
|||||||||||
Revenue |
$ |
71,038,525 |
$ |
73,595,728 |
||||||||
Cost of revenue (note 1) |
(53,841,552) |
(57,574,881) |
||||||||||
Gross profit |
17,196,973 |
16,020,847 |
||||||||||
Operating income (expenses): |
||||||||||||
Selling and marketing expenses (note 1) |
(1,849,118) |
(616,480) |
||||||||||
Research and development expenses |
(3,961,031) |
(3,977,785) |
||||||||||
General and administrative expenses (note 1) |
(13,935,384) |
(10,946,729) |
||||||||||
Impairment of goodwill |
- |
(2,382,538) |
||||||||||
Subsidies and other operating income |
926,159 |
635,368 |
||||||||||
Total operating expenses |
(18,819,374) |
(17,288,164) |
||||||||||
Losses from operations |
(1,622,401) |
(1,267,317) |
||||||||||
Other income |
943,448 |
723,695 |
||||||||||
Other expenses |
(358,372) |
(246,662) |
||||||||||
Loss before income tax and share of income in equity investees |
(1,037,325) |
(790,284) |
||||||||||
(Benefit) provision for income taxes |
(176,838) |
489,148 |
||||||||||
Loss before share of income in equity investees |
(860,487) |
(1,279,432) |
||||||||||
Share of income in equity investees, net of tax |
6,632 |
47,686 |
||||||||||
Net loss |
(853,855) |
(1,231,746) |
||||||||||
Less: Net loss attributable to noncontrolling interests |
(11,425) |
(156,845) |
||||||||||
Net loss attributable to CLPS Incorporation's shareholders |
$ |
(842,430) |
$ |
(1,074,901) |
||||||||
Other comprehensive loss |
||||||||||||
Foreign currency translation loss |
$ |
(1,260,918) |
$ |
(2,785,938) |
||||||||
Less: Foreign currency translation loss attributable to noncontrolling interests |
(31,951) |
(57,097) |
||||||||||
Other comprehensive loss attributable to CLPS Incorporation's shareholders |
$ |
(1,228,967) |
$ |
(2,728,841) |
||||||||
Comprehensive loss attributable to |
||||||||||||
CLPS Incorporation's shareholders |
$ |
(2,071,397) |
$ |
(3,803,742) |
||||||||
Comprehensive loss attributable to noncontrolling interests |
(43,376) |
(213,942) |
||||||||||
Comprehensive loss |
$ |
(2,114,773) |
$ |
(4,017,684) |
||||||||
Basic losses per common share |
$ |
(0.03) |
$ |
(0.05) |
||||||||
Weighted average number of share outstanding – basic |
25,619,294 |
23,629,200 |
||||||||||
Diluted losses per common share |
$ |
(0.03) |
$ |
(0.05) |
||||||||
Weighted average number of share outstanding – diluted |
25,619,294 |
23,629,200 |
||||||||||
Note: |
||||||||||||
(1) Includes share-based compensation expenses as follows: Cost of revenues |
5,658 |
5,141 |
||||||||||
Selling and marketing expenses |
82,615 |
68,969 |
||||||||||
General and administrative expenses |
348,850 |
461,114 |
||||||||||
CLPS INCORPORATION RECONCILIATION OF NON-GAAP AND GAAP RESULTS- UNAUDITED (Amounts in U.S. dollars ("$"), except for number of shares) |
||||||||
For the six months ended |
||||||||
June 30, |
||||||||
2024 |
2023 |
|||||||
Cost of revenue |
$ |
(53,841,552) |
$ |
(57,574,881) |
||||
Less: share-based compensation expenses |
(5,658) |
(5,141) |
||||||
Non-GAAP cost of revenue |
$ |
(53,835,894) |
$ |
(57,569,740) |
||||
Selling and marketing expenses |
$ |
(1,849,118) |
$ |
(616,480) |
||||
Less: share-based compensation expenses |
(82,615) |
(68,969) |
||||||
Non-GAAP selling and marketing expenses |
$ |
(1,766,503) |
$ |
(547,511) |
||||
General and administrative expenses |
$ |
(13,935,384) |
$ |
(10,946,729) |
||||
Less: share-based compensation expenses |
(348,850) |
(461,114) |
||||||
Non-GAAP general and administrative expenses |
$ |
(13,586,534) |
$ |
(10,485,615) |
||||
Operating losses |
$ |
(1,622,401) |
$ |
(1,267,317) |
||||
Add: share-based compensation expenses |
437,123 |
535,224 |
||||||
Add: Impairment of goodwill |
- |
2,382,538 |
||||||
Non-GAAP operating (loss) income |
$ |
(1,185,278) |
$ |
1,650,445 |
||||
Operating margin |
(2.3 %) |
(1.7 %) |
||||||
Add: share-based compensation expenses |
0.6 % |
0.7 % |
||||||
Add: Impairment of goodwill |
- |
3.2 % |
||||||
Non-GAAP operating margin |
(1.7 %) |
2.2 % |
||||||
Net losses |
$ |
(853,855) |
$ |
(1,231,746) |
||||
Add: share-based compensation expenses |
437,123 |
535,224 |
||||||
Add: Impairment of goodwill |
- |
2,382,538 |
||||||
Non-GAAP net (loss) income |
$ |
(416,732) |
$ |
1,686,016 |
||||
Net losses attributable to CLPS Incorporation's shareholders |
$ |
(842,430) |
$ |
(1,074,901) |
||||
Add: share-based compensation expenses |
437,123 |
535,224 |
||||||
Add: Impairment of goodwill |
- |
2,382,538 |
||||||
Non-GAAP net (loss) income attributable to CLPS Incorporation's shareholders |
(405,307) |
1,842,861 |
||||||
$ |
$ |
|||||||
Weighted average number of share outstanding used in computing GAAP and non- GAAP basic earnings |
25,619,294 |
23,629,200 |
||||||
GAAP basic losses per common share |
$ |
(0.03) |
$ |
(0.05) |
||||
Add: share-based compensation expenses |
0.01 |
0.13 |
||||||
Non-GAAP basic (losses) earnings per common share |
$ |
(0.02) |
$ |
0.08 |
||||
Weighted average number of share outstanding used in computing GAAP diluted earnings |
25,619,294 |
23,629,200 |
||||||
Weighted average number of share outstanding used in computing non-GAAP diluted earnings |
25,619,294 |
23,629,200 |
||||||
GAAP diluted losses per common share |
$ |
(0.03) |
$ |
(0.05) |
||||
Add: share-based compensation expenses |
0.01 |
0.13 |
||||||
Non-GAAP diluted (losses) earnings per common share |
$ |
(0.02) |
$ |
0.08 |
||||
CLPS INCORPORATION |
|||||
audited CONSOLIDATED BALANCE SHEETS |
|||||
(Amounts in U.S. dollars (“$”), except for number of shares) |
|||||
As of June 30, |
|||||
2024 |
2023 |
||||
ASSETS |
|||||
Current assets: |
|||||
Cash and cash equivalents |
$ |
29,116,431 |
$ |
22,214,029 |
|
Restricted cash |
24,081 |
87,604 |
|||
Short-term investments |
2,100,000 |
- |
|||
Accounts receivable, net |
38,779,209 |
48,515,467 |
|||
Prepayments, deposits and other assets, net |
4,497,578 |
1,665,736 |
|||
Amounts due from related parties |
3,559,109 |
391,271 |
|||
Total Current Assets |
78,076,408 |
72,874,107 |
|||
Non-current assets: |
|||||
Property and equipment, net |
21,168,524 |
20,112,305 |
|||
Intangible assets, net |
2,254,372 |
726,175 |
|||
Goodwill |
1,473,899 |
- |
|||
Operating lease right-of-use assets |
2,776,858 |
815,324 |
|||
Long-term investments |
613,807 |
456,598 |
|||
Prepayments, deposits and other assets, net |
594,603 |
252,656 |
|||
Amounts due from related parties |
2,374,298 |
- |
|||
Deferred tax assets, net |
697,047 |
81,899 |
|||
Total Assets |
$ |
110,029,816 |
$ |
95,319,064 |
|
LIABILITIES AND SHAREHOLDERS’ EQUITY |
|||||
Current liabilities |
|||||
Bank loans |
$ |
23,232,856 |
$ |
10,554,617 |
|
Accounts payable |
949,137 |
690,035 |
|||
Accrued expenses and other current liabilities |
799,495 |
324,021 |
|||
Tax payables |
2,351,615 |
2,503,375 |
|||
Contract liabilities |
1,139,001 |
918,470 |
|||
Salaries and benefits payable |
9,941,541 |
10,586,239 |
|||
Operating lease liabilities |
1,361,928 |
712,302 |
|||
Amounts due to related party |
20,230 |
24,889 |
|||
Total Current Liabilities |
39,795,803 |
26,313,948 |
|||
Non-current liabilities |
|||||
Operating lease liabilities |
1,638,243 |
104,114 |
|||
Unrecognized tax benefits |
3,413,850 |
2,320,918 |
|||
Deferred tax liabilities |
378,344 |
185,382 |
|||
Other non-current liabilities |
883,963 |
885,901 |
|||
Total Liabilities |
46,110,203 |
29,810,263 |
|||
Commitments and Contingencies |
|||||
Shareholders’ Equity |
|||||
Common shares, $0.0001 par value, 100,000,000 shares authorized; 25,640,056 shares issued and outstanding as of June 30, 2024; 23,650,122 shares issued and outstanding as of June 30, 2023 |
2,564 |
2,365 |
|||
Additional paid-in capital |
61,351,200 |
58,183,383 |
|||
Statutory reserves |
5,553,104 |
5,356,828 |
|||
Retained earnings |
(51,728) |
5,029,021 |
|||
Accumulated other comprehensive losses |
(4,345,902) |
(3,990,594) |
|||
Total CLPS Incorporation’s Shareholders’ Equity |
62,509,238 |
64,581,003 |
|||
Noncontrolling Interests |
1,410,375 |
927,798 |
|||
Total Shareholders’ Equity |
63,919,613 |
65,508,801 |
|||
Total Liabilities and Shareholders’ Equity |
$ |
110,029,816 |
$ |
95,319,064 |
|
CLPS INCORPORATION AUDITED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE LOSS (Amounts in U.S. dollars ("$"), except for number of shares) |
||||||||
For the years ended June 30, |
||||||||
2024 |
2023 |
|||||||
Revenue from third parties |
$ |
142,725,554 |
$ |
150,298,963 |
||||
Revenue from related party |
87,172 |
57,576 |
||||||
Cost of revenue from third parties (note 1) |
(109,795,857) |
(115,827,597) |
||||||
Cost of revenue from related party |
(69,738) |
(47,212) |
||||||
Gross profit |
32,947,131 |
34,481,730 |
||||||
Operating income (expenses): |
||||||||
Selling and marketing expenses (note 1) |
(4,573,344) |
(3,300,555) |
||||||
Research and development expenses |
(7,155,949) |
(8,336,999) |
||||||
General and administrative expenses (note 1) |
(25,120,010) |
(21,641,317) |
||||||
Impairment of goodwill |
- |
(2,382,538) |
||||||
Subsidies and other operating income |
1,363,757 |
1,256,070 |
||||||
Total operating expenses |
(35,485,546) |
(34,405,339) |
||||||
(Loss) income from operations |
(2,538,415) |
76,391 |
||||||
Other income |
1,251,465 |
1,123,612 |
||||||
Other expenses |
(556,415) |
(430,357) |
||||||
(Loss) income before income tax and share of income in equity investees |
(1,843,365) |
769,646 |
||||||
Provision for income taxes |
160,725 |
674,344 |
||||||
(Loss) income before share of income in equity investees |
(2,004,090) |
95,302 |
||||||
Share of income in equity investees, net of tax |
156,780 |
70,263 |
||||||
Net (loss) income |
(1,847,310) |
165,565 |
||||||
Less: Net income (loss) attributable to noncontrolling interests |
482,655 |
(26,964) |
||||||
Net (loss) income attributable to CLPS Incorporation's shareholders |
$ |
(2,329,965) |
$ |
192,529 |
||||
Other comprehensive loss |
||||||||
Foreign currency translation loss |
$ |
(355,386) |
$ |
(3,532,507) |
||||
Less: Foreign currency translation loss attributable to noncontrolling interests |
(78) |
(92,161) |
||||||
Other comprehensive loss attributable to CLPS Incorporation's shareholders |
$ |
(355,308) |
$ |
(3,440,346) |
||||
Comprehensive loss attributable to |
||||||||
CLPS Incorporation's shareholders |
$ |
(2,685,273) |
$ |
(3,247,817) |
||||
Comprehensive income (loss) attributable to noncontrolling interests |
482,577 |
(119,125) |
||||||
Comprehensive loss |
$ |
(2,202,696) |
$ |
(3,366,942) |
||||
Basic (losses) earnings per common share |
$ |
(0.09) |
$ |
0.01 |
||||
Weighted average number of share outstanding – basic |
25,213,012 |
23,153,976 |
||||||
Diluted (losses) earnings per common share |
$ |
(0.09) |
$ |
0.01 |
||||
Weighted average number of share outstanding – diluted |
25,213,012 |
23,153,976 |
||||||
Note: |
||||||||
(1) Includes share-based compensation expenses as follows: Cost of revenues |
11,467 |
16,212 |
||||||
Selling and marketing expenses |
275,562 |
129,060 |
||||||
General and administrative expenses |
2,880,987 |
2,333,024 |
||||||
CLPS INCORPORATION RECONCILIATION OF NON-GAAP AND GAAP RESULTS- UNAUDITED (Amounts in U.S. dollars ("$"), except for number of shares) |
||||||||
For the years ended |
||||||||
June 30, |
||||||||
2024 |
2023 |
|||||||
Cost of revenue |
$ |
(109,865,595) |
$ |
(115,874,809) |
||||
Less: share-based compensation expenses |
(11,467) |
(16,212) |
||||||
Non-GAAP cost of revenue |
$ |
(109,854,128) |
$ |
(115,858,597) |
||||
Selling and marketing expenses |
$ |
(4,573,344) |
$ |
(3,300,555) |
||||
Less: share-based compensation expenses |
(275,562) |
(129,060) |
||||||
Non-GAAP selling and marketing expenses |
$ |
(4,297,782) |
$ |
(3,171,495) |
||||
General and administrative expenses |
$ |
(25,120,010) |
$ |
(21,641,317) |
||||
Less: share-based compensation expenses |
(2,880,987) |
(2,333,024) |
||||||
Non-GAAP general and administrative expenses |
$ |
(22,239,023) |
$ |
(19,308,293) |
||||
Operating (loss) income |
$ |
(2,538,415) |
$ |
76,391 |
||||
Add: share-based compensation expenses |
3,168,016 |
2,478,296 |
||||||
Add: Impairment of goodwill |
- |
2,382,538 |
||||||
Non-GAAP operating income |
$ |
629,601 |
$ |
4,937,225 |
||||
Operating margin |
(1.8 %) |
0.1 % |
||||||
Add: share-based compensation expenses and impairment of goodwill |
2.2 % |
3.2 % |
||||||
Non-GAAP operating margin |
0.4 % |
3.3 % |
||||||
Net (loss) income |
$ |
(1,847,310) |
$ |
165,565 |
||||
Add: share-based compensation expenses |
3,168,016 |
2,478,296 |
||||||
Add: Impairment of goodwill |
- |
2,382,538 |
||||||
Non-GAAP net income |
$ |
1,320,706 |
$ |
5,026,399 |
||||
Net (loss) income attributable to CLPS Incorporation's shareholders |
$ |
(2,329,965) |
$ |
192,529 |
||||
Add: share-based compensation expenses |
3,168,016 |
2,478,296 |
||||||
Add: Impairment of goodwill |
- |
2,382,538 |
||||||
Non-GAAP net income attributable to CLPS Incorporation's shareholders |
$ |
838,051 |
$ |
5,053,363 |
||||
Weighted average number of share outstanding used in computing GAAP and non-GAAP basic (losses) earnings |
25,213,012 |
23,153,976 |
||||||
GAAP basic (losses) earnings per common share |
$ |
(0.09) |
$ |
0.01 |
||||
Add: share-based compensation expenses and impairment of goodwill |
0.12 |
0.21 |
||||||
Non-GAAP basic earnings per common share |
$ |
0.03 |
$ |
0.22 |
||||
Weighted average number of share outstanding used in computing GAAP and non-GAAP diluted (losses) earnings |
25,213,012 |
23,153,976 |
||||||
GAAP diluted (losses) earnings per common share |
$ |
(0.09) |
$ |
0.01 |
||||
Add: share-based compensation expenses and impairment of goodwill |
0.12 |
0.21 |
||||||
Non-GAAP diluted earnings per common share |
$ |
0.03 |
$ |
0.22 |
||||
