Helport AI Reports Fiscal Year 2025 Financial Results
Rhea-AI Summary
Helport AI (NASDAQ: HPAI) reported fiscal year ended June 30, 2025 results: revenue $34.9M (+17.9% YoY) and gross profit $19.1M. Average monthly subscribed seats rose to 40,935 (+41.49% YoY). Net income was $1.9M, down 74.8% from prior year, driven by increased R&D, international expansion and public company costs. Net cash from operations was $9.1M. The company launched products (HyperX, HelportGo, Helport Remote), introduced an AI+BPO service, added U.S. mortgage customers, expanded offices across Asia and Latin America, and reported 37,430,968 shares and 18,844,987 warrants outstanding as of June 30, 2025.
Positive
- Revenue +17.9% YoY to $34.86M
- Average monthly seats +41.49% to 40,935
- Operating cash provided $9.1M in fiscal 2025
- Launched HyperX, HelportGo and AI+BPO service
- U.S. traction: 15 new mortgage enterprise customers since June 30, 2025
- Philippines center: ~265 employees, 200 billable AI agents
Negative
- Net income -74.8% to $1.9M
- Gross margin declined from 62.81% to 54.87%
- Cost of revenue +43.05% to $15.73M
- G&A expenses +78.9% to $8.91M
News Market Reaction – HPAI
In the Nov 18 session, HPAI gained 12.08%, reflecting a significant positive market reaction. Argus tracked a peak move of +8.9% during that session. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Fiscal Year 2025 Revenue increases
Strong Enterprise AI Adoption Across Industry Sectors and Global Expansion Fueled by Leading AI-Powered Software
SINGAPORE and SAN DIEGO, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Helport AI Limited (NASDAQ: HPAI) (“We,” “Helport AI,” or the “Company”), an artificial intelligence (“AI”) technology company serving enterprise clients with intelligent customer communication software and services, today announced financial results for its fiscal year ended June 30, 2025.
Fiscal Year 2025 Highlights:
- Average monthly subscribed seats were 40,935 for the fiscal year ended June 30, 2025, representing an increase of
41.49% % from 28,932 in the fiscal year ended June 30, 2024. - Revenue for the fiscal year ended June 30, 2025, was
$34.9 million , representing an increase of17.9% from$29.6 million in the fiscal year ended June 30, 2024, driven by increased enterprise adoption of AI-driven solutions. - Gross profit for fiscal year ended June 30, 2025 was
$19.1 million , representing an increase of3.0% from$18.6 million in the fiscal year ended June 30, 2024, as a result of continued investment in AI infrastructure and product innovation. - Net income was
$1.9 million for fiscal year ended June 30, 2025, compared to$7.4 million in fiscal year ended June 30, 2024, representing a decrease of74.8% , primarily due to increased investments in international expansion, research and development (R&D), and general and administrative expenses associated with operating as a public company. - Net cash provided by operating activities was
$9.1 million for the fiscal year ended June 30, 2025, which is intended to be used in part to support business expansion and strategic initiatives. - As of June 30, 2025, there were 37,430,968 ordinary shares and 18,844,987 warrants issued and outstanding of the Company.
Second Half of Fiscal Year 2025 & Subsequent Operational Highlights
Partnerships
- The Company’s U.S. mortgage business has grown with 15 new enterprise customers since June 30, 2025, all of whom are using the AI+business process outsourcing (“BPO”) model, whereby AI-enabled contact center agents deliver outbound sales calls.
- A new commercial partnership with Best Life & Co., a cloud-based real estate brokerage firm in Michigan, has been announced to deploy Helport AI’s AI-powered sales platform across its mortgage operations.
- Expanded partnership with Atome, one of Southeast Asia’s leading digital finance platforms, after delivering strong results using Helport AI’s AI+BPO model.
Technology & Launch Updates
- Unveiled “HyperX,” a digital agent platform that transforms enterprise knowledge into action. Trained on companies’ proprietary data, HyperX enables one-click deployment of expert AI agents capable of understanding complex operations, executing tasks, and interacting with users across digital environments.
- Launched AI+BPO service offering, combining turn-key, in-house AI technology paired with contact center agents, aimed to accelerate new customer acquisition and enable proof of concept. This integrated software-and-services model is expected to drive revenue growth across international markets.
- Launched “HelportGo”, the Company’s flagship mobile application designed to improve productivity for on-the-go professionals. Extending enterprise-grade AI capabilities directly to individual users on demand, HelportGo aims to offer immediate, transformative call assistance to facilitate conversion of conversations into structured, actionable business intelligence.
- Introduced “Helport Remote”, a workforce monitoring and management tool designed to support the evolving needs of remote contact centers. Engineered specifically for large-scale, multinational contact center operations, Helport Remote aims to empower management teams to achieve greater visibility, control, and efficiency in an increasingly decentralized workforce environment.
- Launched the specialized version of AI-powered software tailored for the consumer financing industry, a step forward in Helport AI’s mission to transform financial services through automation, real-time intelligence, and regulatory compliance.
- Launched the latest upgraded version of “Helport AI Insurance Edition”, an AI-powered solution designed specifically for the insurance sector.
Operational Updates
- Opened new offices in Mexico, Bolivia, Indonesia, and Thailand to serve demand from current customers in these regions.
- Opened new office in the Philippines in January 2025, establishing a “Global Center of Excellence” to drive AI operations and service offerings in the BPO industry.
- The Philippines office now employs approximately 265 personnel, including 200 billable AI-enabled agents in debt collection and 46 in mortgage accounts as part of the Company’s AI+BPO operations.
- Appointed Hiu-Yu “Vanessa” Chan as chief commercial officer (“CCO”) of the Company, an experienced executive who previously worked for Google LLC and ServiceNow, Inc., to lead commercial expansion, strategic partnerships, and revenue acceleration initiatives in North America.
- Appointed Di Shen, the secretary of the Company, to serve as the interim Chief Financial Officer and a Director of the Company.
Outlook for First Half Fiscal Year 2026 & Beyond
- Revenue Growth: Accelerating revenue materialization from a robust pipeline of customers in the Company’s core sectors of BPO contact centers, mortgage sales, insurance, and consumer financing. Undertaking further expansion in the U.S. and Southeast Asia through enterprise partnerships and focused execution in these core industries.
- Profitability & Cost Optimization: Improving AI training efficiency and cloud infrastructure to enhance margins over time.
- AI+BPO Monetization: Expanding in-house AI + human service delivery model to facilitate new customer acquisition and accelerate revenue realization. Leveraging this software plus service offering to scale user base and revenue generation across global markets.
- Continued R&D Innovation: Investing in AI capabilities, including HyperX optimization, multilingual automation, and industry-specific integrations.
Management Commentary
“Fiscal year 2025 delivered revenue growth of
“Partnerships with enterprise customers grew substantially in 2025, specifically in North America and Southeast Asia. In the U.S., a new commercial partnership with Best Life & Co. is transforming the mortgage value chain through automation, intelligence, and scale. By combining Best Life & Co.’s outbound sales teams with Helport AI’s AI-enabled remote agents, the partnership has already shown positive results – pre-approved loan applications have doubled since rollout began in July, resulting in more leads for Best Life’s loan officers.”
“In the Philippines, we partnered with Atome in May 2025, launching AI-enabled support teams to train and onboard Atome contact center agents. By June, one Helport AI team was already showing standout performance, achieving strong results within just a month. By July, Helport teams continued to perform exceptionally well in Atome’s regional scorecards, reflecting the growing strength of the partnership. Our discussion are ongoing to explore potential expansion of this program with Atome.
“On the technology front, the second half of fiscal year 2025 delivered multiple new products and updates. Our new HelportGo mobile app brings enterprise-grade AI call assistance directly to mobile professionals, delivering a comprehensive suite of AI-driven client services and customer relationship management features. HelportGo includes purpose-built, plug-and-play templates, each tailored to verticals such as real estate, insurance, and financial services.”
“We also launched updated versions of our AI-powered software tailored for the consumer financing, mortgage, and insurance industries. These updates demonstrate our ability to provide smart, domain-specific AI applications for our growing customer base across multiple industry sectors.”
“Operationally, we maintained our focus on strategic investments in both our team and infrastructure, enhancing our capabilities and extending our global presence. In addition to expanding our offices in the Philippines and the U.S., we opened new offices in Mexico, Bolivia, Indonesia, and Thailand to serve demand from current customers in these regions. We also welcomed Hiu-Yu “Vanessa” Chan as the Company’s COO. Vanessa brings over 23 years of enterprise leadership experience across AI, SaaS, and strategic expansion, having held senior roles at Google Cloud, SAP, ServiceNow, and McKinsey. As CCO, she is leading commercial expansion and revenue acceleration initiatives across North America. In addition, we appointed the secretary of the Company, Di Shen, as our interim Chief Financial Officer and also as a Director of the Company.”
“Looking ahead to the fiscal year ending June 30, 2026, we are leveraging our technology platform to focus on accelerating revenue growth and improving profitability. We are expanding our presence in high-growth markets including North America and Southeast Asia. Customer successes across the consumer financing and mortgage sectors highlight how we are customizing our AI-driven solutions to meet specific industry needs and driving greater adoption among small and medium sized businesses in the financial services sector. Moving forward, we remain committed to investing in R&D and developing next-generation, enterprise AI products that further distinguish Helport AI in the marketplace. At the same time, we are sharpening our focus on cost optimization as we endeavor to reduce AI training expenses, streamline cloud infrastructure, and enhance unit economics across deployments to strengthen profitability and deliver sustained, long-term value for our shareholders,” concluded Li.
Financial Review for the Fiscal Year Ended June 30, 2025
Revenue
Our revenues increased by approximately US
Revenues from AI service increased by approximately US
Since January 2025, we further expanded our service portfolio in the launch of our AI+BPO service and for the fiscal year ended June 30, 2025, revenue generated from AI+BPO service was US
Cost of Revenue
Our cost of revenues increased by approximately US
Cost of revenues related to AI services increased by approximately US
Cost of revenues related to AI+BPO services were US
Gross Profit
As a result of the foregoing, we recorded a gross profit of US
Selling and Marketing Expenses
Our selling expenses increased from US
General and Administrative Expenses
Our general and administrative expenses increased by
R&D Expenses
Our R&D expenses increased by US
Financial Expenses, net
Our financial expenses, net decreased from US
Income Tax Expenses
As a result of our operating income position for the fiscal years ended June 30, 2025 and 2024, we incurred income tax expenses of US
Net Income
As a result of the foregoing, our net income decreased by US
Liquidity and Capital Resources
We had a cash balance of US
About Helport AI
Helport AI (NASDAQ: HPAI) is a global technology company serving enterprise clients with intelligent customer communication software and services. Its flagship product, “AI Assist”, acts as a real-time co-pilot for customer contact teams, delivering smart guidance and tools to drive sales, improve engagement, and reduce costs. The Company’s mission is to empower everyone to work like an expert — using AI to elevate, not replace, human capability. Learn more at www.helport.ai.
Forward-Looking Statements
Certain statements in this announcement are forward-looking, including, but not limited to, Helport AI’s business strategies, expansion plans, and anticipated results. These statements involve risks and uncertainties based on current expectations and projections. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions, although not all forward-looking statements contain these identifying words. Helport AI undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Helport AI believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and Helport AI cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in Helport AI’s registration statements and other filings with the U.S. Securities and Exchange Commission.
Investor Relations Contact:
Helport AI Investor Relations
Email: ir@helport.ai
Website: ir.helport.ai
External Investor Relations Contact:
Chris Tyson
Executive Vice President
MZ North America
Direct: 949-491-8235
HPAI@mzgroup.us
www.mzgroup.us
| HELPORT AI LIMITED CONSOLIDATED BALANCE SHEETS (Amounts in and U.S. dollars (“US$"), except share data) | |||||||||
| As of June 30, | |||||||||
| 2025 | 2024 | ||||||||
| Cash | $ | 152,051 | $ | 2,581,086 | |||||
| Accounts receivable | 23,466,286 | 21,313,735 | |||||||
| Deferred offering costs | - | 817,871 | |||||||
| Amount due from a related party | 10,372 | - | |||||||
| Prepaid expenses and other receivables | 137,669 | 41,966 | |||||||
| Total current assets | 23,766,378 | 24,754,658 | |||||||
| Long-term investment | 29,643 | - | |||||||
| Intangible assets, net | 12,680,011 | 2,425,694 | |||||||
| Right-of-use assets, net | 705,522 | - | |||||||
| Total non-current assets | 13,415,176 | 2,425,694 | |||||||
| Total assets | $ | 37,181,554 | $ | 27,180,352 | |||||
| Accounts payable | $ | 3,478,345 | $ | 284,067 | |||||
| Income tax payable | 1,321,935 | 2,724,998 | |||||||
| Amount due to related parties | 2,659,556 | 965,776 | |||||||
| Convertible promissory notes | - | 4,889,074 | |||||||
| Warrant liabilities | 4,683,834 | - | |||||||
| Accrued expenses and other liabilities | 6,264,213 | 5,263,239 | |||||||
| Lease liabilities, current | 134,331 | - | |||||||
| Deferred tax liabilities | 548,889 | - | |||||||
| Total current liabilities | 19,091,103 | 14,127,154 | |||||||
| Lease liabilities, non-current | 625,080 | - | |||||||
| Total non-current liability | 625,080 | - | |||||||
| Total liabilities | 19,716,183 | 14,127,154 | |||||||
| Commitments and contingencies | |||||||||
| Ordinary shares (US | 3,743 | 3,028 | |||||||
| Additional paid-in capital* | 2,562,548 | 4,528 | |||||||
| Accumulated other comprehensive loss | (5,132 | ) | - | ||||||
| Retained earnings | 14,904,212 | 13,045,642 | |||||||
| Shareholders’ equity | 17,465,371 | 13,053,198 | |||||||
| Total liabilities and shareholders’ equity | $ | 37,181,554 | $ | 27,180,352 | |||||
| HELPORT AI LIMITED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Amounts in and U.S. dollars (“US$"), except share data) | ||||||||||||||
| For the year ended June 30, | ||||||||||||||
| 2025 | 2024 | 2023 | ||||||||||||
| Revenues | $ | 34,856,807 | $ | 29,575,625 | $ | 12,728,313 | ||||||||
| Cost of revenues | (15,732,419 | ) | (10,998,011 | ) | (4,882,792 | ) | ||||||||
| Gross profit | 19,124,388 | 18,577,614 | 7,845,521 | |||||||||||
| Selling expenses | (1,152,197 | ) | (97,984 | ) | (50,830 | ) | ||||||||
| General and administrative expenses | (8,907,597 | ) | (4,979,382 | ) | (1,625,887 | ) | ||||||||
| Research and development expenses | (6,316,962 | ) | (4,303,490 | ) | (375,410 | ) | ||||||||
| Total operating expenses | (16,376,756 | ) | (9,380,856 | ) | (2,052,127 | ) | ||||||||
| Income from operation | 2,747,632 | 9,196,758 | 5,793,394 | |||||||||||
| Financial expenses, net | (112,311 | ) | (226,713 | ) | (7,936 | ) | ||||||||
| Other (loss)/income, net | (1,550 | ) | 1,007 | - | ||||||||||
| Change in fair value of warrant liabilities | (237,055 | ) | - | - | ||||||||||
| Income before income tax expenses | 2,396,716 | 8,971,052 | 5,785,458 | |||||||||||
| Income tax expenses | (538,146 | ) | (1,601,933 | ) | (970,755 | ) | ||||||||
| Net income | $ | 1,858,570 | $ | 7,369,119 | $ | 4,814,703 | ||||||||
| Other comprehensive income, net of tax: | ||||||||||||||
| Net change in foreign currency translation adjustment | (5,132 | ) | - | - | ||||||||||
| Total comprehensive income | $ | 1,853,438 | $ | 7,369,119 | $ | 4,814,703 | ||||||||
| Earnings per ordinary share | ||||||||||||||
| Basic | 0.05 | 0.24 | 0.16 | |||||||||||
| Diluted | 0.05 | 0.24 | 0.16 | |||||||||||
| Weighted average number of ordinary shares outstanding* | ||||||||||||||
| Basic | 37,430,968 | 30,280,768 | 30,280,768 | |||||||||||
| Diluted | 37,430,968 | 30,280,768 | 30,280,768 | |||||||||||
| HELPORT AI LIMITED CONSOLIDATED STATEMENTS OF CASH FLOWS (Amounts in and U.S. dollars (“US$"), except share data) | ||||||||||||||||||||||
| For the year ended June 30, | ||||||||||||||||||||||
| 2025 | 2024 | 2023 | ||||||||||||||||||||
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||||||||||||
| Net income | $ | 1,858,570 | $ | 7,369,119 | $ | 4,814,703 | ||||||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||||||||||
| Amortization of intangible assets | 4,396,683 | 2,352,639 | 2,333,334 | |||||||||||||||||||
| Amortization of right-of-use assets | 101,838 | - | - | |||||||||||||||||||
| Share-based compensation | 584,150 | - | - | |||||||||||||||||||
| Investment loss | 539 | - | - | |||||||||||||||||||
| Interest expenses on loans from related parties | 45,131 | - | - | |||||||||||||||||||
| Deferred income tax | 548,889 | - | - | |||||||||||||||||||
| Change in fair value of warrant liabilities | 237,055 | - | - | |||||||||||||||||||
| Changes in operating assets and liabilities: | ||||||||||||||||||||||
| Accounts receivable | (2,152,551 | ) | (6,813,674 | ) | (12,079,780 | ) | ||||||||||||||||
| Prepaid expenses and other receivables | 46,018 | (41,966 | ) | - | ||||||||||||||||||
| Accounts payable | 3,194,278 | (3,158,729 | ) | 2,547,916 | ||||||||||||||||||
| Amount due to related parties | (160,025 | ) | 21,640 | 7,626 | ||||||||||||||||||
| Accrued expenses and other liabilities | 1,854,267 | 3,702,668 | 951,932 | |||||||||||||||||||
| Income tax payable | (1,403,063 | ) | 1,601,933 | 970,148 | ||||||||||||||||||
| Deferred tax liabilities | - | - | ||||||||||||||||||||
| Lease liabilities | (84,766 | ) | - | |||||||||||||||||||
| Net cash provided by/(used in) operating activities | 9,067,013 | 5,033,630 | (454,121 | ) | ||||||||||||||||||
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||||||||||||||||||||
| Purchase of intangible assets | (14,651,000 | ) | (7,410,933 | ) | - | |||||||||||||||||
| Loans to related parties | (10,372 | ) | - | - | ||||||||||||||||||
| Net cash used in investing activities | (14,661,372 | ) | (7,410,933 | ) | - | |||||||||||||||||
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||||||||||||||||||||
| Payment for listing costs | (213,052 | ) | (817,871 | ) | - | |||||||||||||||||
| Loan from a third party | - | 977,156 | 66,545 | |||||||||||||||||||
| Repayment of loan from a third party | (199,582 | ) | (629,570 | ) | - | |||||||||||||||||
| Loans from related parties | 515,576 | 354,977 | 569,059 | |||||||||||||||||||
| Repayment of loans from related parties | (468,795 | ) | (3,638 | ) | (45,102 | ) | ||||||||||||||||
| Proceeds from convertible promissory notes | - | 4,889,074 | - | |||||||||||||||||||
| Cash inflow from reverse recapitalization | 1,136,951 | - | - | |||||||||||||||||||
| Proceeds from PIPE investments | 2,600,000 | - | - | |||||||||||||||||||
| Repayment of sponsor loans | (200,000 | ) | - | - | ||||||||||||||||||
| Net cash provided by financing activities | 3,171,098 | 4,770,128 | 590,502 | |||||||||||||||||||
| Effect of exchange rate changes | (5,774 | ) | 45,860 | (2,380 | ) | |||||||||||||||||
| Net change in cash | (2,429,035 | ) | 2,438,685 | 134,001 | ||||||||||||||||||
| Cash at the beginning of the year | 2,581,086 | 142,401 | 8,400 | |||||||||||||||||||
| Cash at the end of the year | $ | 152,051 | $ | 2,581,086 | 142,401 | |||||||||||||||||
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||||||||||||||||||||||
| Obtaining operating right-of-use assets in exchange for operating lease liabilities | $ | 807,360 | $ | - | $ | - | ||||||||||||||||
| Net assets acquired from Reverse recapitalization | 7,514,745 | - | - | |||||||||||||||||||
| Financing funds received by a third party on behalf of the Group | 2,900,000 | - | - | |||||||||||||||||||
| Conversion from Convertible Promissory Notes | 5,020,253 | - | - | |||||||||||||||||||
| Offering costs recognized as additional paid-in capital | 1,030,923 | - | - | |||||||||||||||||||
| Issuance of New Promissory Notes to replace the Tristar’s original Sponsor Loans | 3,125,000 | - | - | |||||||||||||||||||
