Clps Incorporation Stock Price, News & Analysis

CLPS Incorporation (Nasdaq: CLPS) has announced the establishment of PT Ridik Fintech Services, a wholly-owned subsidiary in Jakarta, Indonesia. This strategic expansion aims to strengthen CLPS's presence in Southeast Asia by providing tailored IT solutions to local enterprises.

According to U.S. International Trade Administration data, Indonesia's digital economy is projected to exceed $130 billion by 2025, positioning it as one of the fastest-growing markets in Southeast Asia. The company plans to leverage its expertise in artificial intelligence, robotic process automation, big data, and cloud computing to penetrate the Indonesian market.

CLPS has reported significant growth in Southeast Asia, with a 101.7% year-over-year revenue increase in the first half of fiscal 2025. The new subsidiary will focus on localizing operations, investing in domestic talent, and fostering partnerships to support Indonesia's digital transformation journey.

CLPS Incorporation (NASDAQ: CLPS) reported strong financial results for H1 FY2025 ended December 31, 2024. Revenue increased 15.3% to $82.8 million, with international revenue growing 110.4% to $19.0 million. The company achieved a turnaround to profitability with net income of $0.2 million, compared to a $1.0 million loss in the prior year period.

Key highlights include:

• Gross profit up 21.6% to $19.2 million with improved margin of 23.1%
• IT consulting services revenue grew 15.2% to $80.1 million
• Banking sector revenue increased 17% to $33.5 million
• Total clients expanded to 277 from 225
• Distributed special cash dividend of $0.13 per share

For FY2025, CLPS expects total sales growth of 12-17% and non-GAAP net income growth of 15-20% year-over-year. The company established new China Development Center and Global Testing Center to drive innovation in AI, RPA, cloud computing, and big data solutions.

CLPS Incorporation (Nasdaq: CLPS) has announced it will release its financial results for the first half of fiscal year 2025, covering the six-month period ended December 31, 2024. The results will be made public before market opening on Wednesday, March 5, 2025.

CLPS Incorporation (Nasdaq: CLPS) has announced the formation of the CLPS AI Innovation Committee (CAIC), led by CEO Raymond Lin. The committee will focus on implementing AI technologies across company projects and client deliveries. According to IDC, global AI spending is projected to reach $632 billion by 2028, with a CAGR of 29.0% from 2024-2028.

CAIC utilizes advanced AI tools like OpenAI and DeepSeek to create an intelligent engineering system integrated into all IT development stages. The committee has already demonstrated success in fintech, particularly in modernizing legacy systems for financial institutions. A notable achievement includes upgrading a Hong Kong bank's loan system using AI to transform legacy code into Java.

The initiative builds upon CLPS's five key innovation engines established in early 2025: AI, low-code platform, RPA, cloud computing, and big data. CAIC will develop AI application strategies for the next 3-5 years, focusing on GenAI, machine learning, and intelligent automation for banking, wealth management, e-commerce, and automotive sectors.

CLPS Incorporation (Nasdaq: CLPS) has announced the launch of Nibot, a new generation Robotic Process Automation (RPA) product developed by its subsidiary, CLPS Technology. The product targets international and Hong Kong markets, offering comprehensive automation functionality with features including intelligent task scheduling, robot cluster management, and end-to-end encryption.

Nibot differentiates itself through an advanced visual process designer with drag-and-drop functionality and pre-built templates, making it more accessible and cost-effective. The product has applications across various sectors including finance, e-commerce, logistics, healthcare, and manufacturing.

Since launching RPA solutions in 2021, CLPS has successfully implemented projects across multiple industries. In 2025, the company is focusing on five key innovation engines: AI, low-code platform, RPA, cloud computing, and big data. The company aims to compete in the global RPA market by offering high-performance, cost-effective solutions.

CLPS Incorporation announced that its majority-owned subsidiary, JAJI Global, has filed for an IPO on the Nasdaq Capital Market. JAJI, which specializes in IT services for automotive and securities industries, currently has 10 million shares, with CLPS holding a 60% stake. Aegis Capital Corp. will act as the sole underwriter.

The IPO proceeds will fund product development, M&A activities, global expansion, and operations. JAJI offers IT consulting, business management services, and proprietary IT solutions. While the exact number of shares and price range are yet to be determined, CLPS expects to maintain a significant voting and economic interest post-IPO.

CLPS Incorporation (Nasdaq: CLPS) has appointed Sarah Wu as Non-Executive Director of Qinson Credit Card Services (QCC), its wholly-owned subsidiary focusing on fintech payment systems. Wu brings extensive fintech experience, having served as General Manager for North Asia at Fiserv, Head of Sales at Visa for Greater China, and Vice President at MasterCard. Her role will involve overseeing strategic initiatives, shaping QCC's vision, and driving its transformation into a global fintech company. Wu holds an MBA from California State University and is pursuing a Ph.D. in Health Management at the University of Montpellier.

CLPS Incorporation (Nasdaq: CLPS) has announced a special cash dividend of $0.13 per share of common stock, marking the third consecutive fiscal year of such payment. The dividend, totaling approximately $3.6 million, will be payable on November 12, 2024, to shareholders of record as of November 4, 2024. CEO Raymond Lin emphasized that this decision reflects confidence in the company's future while maintaining focus on core business, pursuing growth opportunities in emerging sectors, and strengthening international presence. Future dividend declarations will be based on various factors including financial position, operations, and market conditions.

CLPS Incorporation reported financial results for the second half and full year of fiscal 2024. Despite challenges, the company demonstrated resilience:

• Revenue from customized IT solution services increased by 40.0% to $1.9 million
• Revenue generated outside of mainland China increased by 48.0% to $13.3 million
• Gross profit increased by 7.3% to $17.2 million
• Net loss was $0.9 million, compared to a net loss of $1.2 million in the prior year period

For the full fiscal year 2024:

• Revenue generated outside of mainland China increased by 37.9% to $22.3 million
• Accounts receivable turnover period improved to 111 days
• Net cash provided by operating activities was $8.9 million

The company expects total sales growth of 12% to 17% and non-GAAP net income growth of 15% to 20% for fiscal year 2025.