CLPS INCORPORATION

 

CONDENSED CONSOLIDATED BALANCE SHEETS

 

 (Amounts in U.S. dollars ("$"),华钦 except for number of shares)






As of




June 30,

2026

(Audited)



December 31,

2025

(Unaudited)


ASSETS







Current assets:







Cash and cash equivalents



25,059,596




28,422,095


Restricted cash



399,721




-


Short-term investments



918,525




916,852


Accounts receivable, net



42,460,092




42,819,285


Prepayments, deposits and other assets, net



7,731,245




8,866,524


Amounts due from related parties



1,085,005




4,642,400


Total Current Assets


$

77,654,184



$

85,667,156


Non-current assets:









Property and equipment, net



19,950,121




20,543,354


Intangible assets, net



1,811,370




1,981,780


Operating lease right-of-use assets



2,312,396




2,505,610


Goodwill



-




1,420,150


Long-term investments



2,178,538




1,687,752


Prepayments, deposits and other assets, net



723,177




332,357


Amounts due from related parties



1,589,657




2,263,799


Deferred tax assets, net



59,691




5,964


Total Assets


$

106,279,134



$

116,407,922











LIABILITIES AND SHAREHOLDERS' EQUITY









Current liabilities:









Bank loans


$

30,289,459



$

26,166,467


Accounts payable



1,543,603




2,490,272


Accrued expenses and other current liabilities



527,704




456,200


Tax payables



2,961,192




2,270,979


Contract liabilities



2,705,511




4,909,035


Salaries and benefits payable



13,438,704




12,123,893


Operating lease liabilities



1,633,586




2,126,684


Amount due to related parties



75,394




61,208


Total Current Liabilities


$

53,175,153



$

50,604,738


Non-current liabilities:









Operating lease liabilities



751,363




554,299


Deferred tax liabilities



204,600




145,500


Unrecognized tax benefit



4,012,722




4,004,545


Other non-current liabilities



946,771




918,611


TOTAL LIABILITIES


$

59,090,609



$

56,227,693











Shareholders' Equity









Common shares, $0.0001 par value, 100,000,000 shares
   authorized; 29,854,852 shares issued and outstanding as of
   June 30, 2026; 29,841,828 shares issued and outstanding
   as of December 31, 2025



2,986




2,984


Additional paid-in capital



62,148,120




61,930,342


Treasury shares



(132,303)




-


Statutory reserves



6,014,347




6,059,696


Accumulated deficit



(20,744,064)




(7,525,036)


Accumulated other comprehensive loss



(2,493,879)




(2,612,878)











Total CLPS Incorporation's Shareholders' Equity



44,795,207




57,855,108











Noncontrolling Interests



2,393,318




2,325,121











Total Shareholders' Equity



47,188,525




60,180,229











Total Liabilities and Shareholders' Equity


$

106,279,134



$

116,407,922


 

 

 

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,




2026



2025










Revenue


$

87,126,310



$

81,703,894


Cost of revenue (note 1)



(75,996,939)




(64,553,449)


Gross profit



11,129,371




17,150,445











Operating income (expenses):









Selling and marketing expenses (note 1)



(2,053,861)




(2,727,725)


Research and development expenses



(4,656,391)




(2,533,678)


General and administrative expenses (note 1)



(15,655,175)




(17,737,124)


Impairment of goodwill



(1,435,782)




(129,270)


Subsidies and other operating income



572,436




440,978


Total operating expenses



(23,228,773)




(22,686,819)


Loss from operations



(12,099,402)




(5,536,374)


Other income   



498,774




652,412


Other expenses



(1,078,384)




(564,956)


   Loss before income tax and share of loss in equity
   investees



(12,679,012)




(5,448,918)


Provision for income taxes



46,899




679,739


Loss before share of loss in equity investees



(12,725,911)




(6,128,657)


Share of loss in equity investees, net of tax



(522,794)




(480,926)


Net loss



(13,248,705)




(6,609,583)


Less: Net income attributable to noncontrolling interests



15,672




50,238


Net loss attributable to CLPS Incorporation’s
   shareholders


$

(13,264,377)



$

(6,659,821)











Other comprehensive income









Foreign currency translation income


$

171,524



$

1,171,934


Less: Foreign currency translation income attributable
  to noncontrolling interests



52,525




28,775


Other comprehensive income attributable to CLPS
   Incorporation’s shareholders


$

 

118,999



$

 

1,143,159











Comprehensive loss attributable to









CLPS Incorporation’s shareholders


$

(13,145,378)



$

(5,516,662)


Comprehensive income attributable to noncontrolling
   interests



68,197




79,013


Comprehensive loss


$

(13,077,181)



$

(5,437,649)











Basic losses per common share


$

(0.44)



$

(0.24)


Weighted average number of shares outstanding – basic



29,811,704




27,986,798


Diluted losses per common share


$

(0.44)



$

(0.24)


Weighted average number of shares outstanding –
   diluted



29,811,704




27,986,798


Note:









(1) Includes share-based compensation expenses as
     follows:

    Cost of revenues



182




2,197


 Selling and marketing expenses



52,339




90,286


 General and administrative expenses



165,258




269,214


 

 

 

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,





2026




2025












Cost of revenue



$

(75,996,939)



$

(64,553,449)

Less: share-based compensation expenses




(182)




(2,197)

Non-GAAP cost of revenue



$

(75,996,757)



$

(64,551,252)










Selling and marketing expenses



$

(2,053,861)



$

(2,727,725)

Less: share-based compensation expenses




(52,339)




(90,286)

Non-GAAP selling and marketing expenses



$

(2,001,522)



$

(2,637,439)










General and administrative expenses



$

(15,655,175)



$

(17,737,124)

Less: share-based compensation expenses




(165,258)




(269,214)

Non-GAAP general and administrative
expenses



$

(15,489,917)



$

(17,467,910)










Loss from operations



$

(12,099,402)



$

(5,536,374)

Add: share-based compensation expenses and
impairment of goodwill




1,653,561




490,967

Non-GAAP loss from operations



$

(10,445,841)



$

(5,045,407)










Operating margin




(13.9 %)




(6.8 %)

Add: share-based compensation expenses and
impairment of goodwill




1.9 %




0.6 %

Non-GAAP operating margin




(12.0 %)




(6.2 %)










Net loss



$

(13,248,705)



$

(6,609,583)

Add: share-based compensation expenses and
impairment of goodwill




1,653,561




490,967

Non-GAAP net loss



$

(11,595,144)



$

(6,118,616)










Net loss attributable to CLPS Incorporation's
shareholders



$

(13,264,377)



$

(6,659,821)

Add: share-based compensation expenses and
impairment of goodwill




1,653,561




490,967

Non-GAAP net loss attributable to CLPS
Incorporation's shareholders




(11,610,816)




 

(6,168,854)

$

$










Weighted average number of shares
outstanding used in computing GAAP and non-
GAAP basic earnings




 

29,811,704




 

27,986,798

GAAP basic losses per common share



$

(0.44)



$

(0.24)

Add: share-based compensation expenses and
impairment of goodwill




0.05




0.02

Non-GAAP basic losses per common share



$

(0.39)



$

(0.22)










Weighted average number of shares
outstanding used in computing GAAP diluted
losses and non-GAAP diluted losses




29,811,704




27,986,798










GAAP diluted losses per common share



$

(0.44)



$

(0.24)

Add: share-based compensation expenses and
impairment of goodwill




0.05




0.02

Non-GAAP diluted losses per common
share



$

(0.39)



$

(0.22)

 

 

 

CLPS INCORPORATION

audited CONSOLIDATED BALANCE SHEETS

 (Amounts in U.S. dollars (“$”), except for number of shares)











As of June 30,



2026



2025

ASSETS






Current assets:








Cash and cash equivalents


$

25,059,596



$

28,173,160

Restricted cash



399,721




-

Short-term investments



918,525




896,949

Accounts receivable, net 



42,460,092




44,891,161

Prepayments, deposits and other assets, net 



7,731,245




7,441,565

Amounts due from related parties 



1,085,005




4,374,595

Total Current Assets



77,654,184




85,777,430









Non-current assets:








Property and equipment, net 



19,950,121




21,212,463

Intangible assets, net 



1,811,370




2,055,102

Goodwill 



-




1,435,782

Operating lease right-of-use assets



2,312,396




3,407,995

Long-term investments 



2,178,538




1,718,995

Prepayments, deposits and other assets, net



723,177




481,761

Amounts due from related parties



1,589,657




1,945,960

Deferred tax assets, net 



59,691




73,942

Total Assets


$

106,279,134



$

118,109,430









LIABILITIES AND SHAREHOLDERS’ EQUITY








Current liabilities








Bank loans


$

30,289,459



$

30,217,329

Accounts payable



1,543,603




2,515,207

Accrued expenses and other current liabilities



527,704




260,880

Tax payables 



2,961,192




2,463,706

Contract liabilities



2,705,511




2,470,135

Salaries and benefits payable



13,438,704




14,062,007

Operating lease liabilities



1,633,586




2,348,195

Amounts due to related parties



75,394




21,884

Total Current Liabilities



53,175,153




54,359,343









Non-current liabilities








Operating lease liabilities



751,363




1,301,369

Unrecognized tax benefits



4,012,722




3,715,163

Deferred tax liabilities



204,600




251,812

Other non-current liabilities



946,771




896,747

 Total Liabilities



59,090,609




60,524,434









Shareholders’ Equity








Common shares, $0.0001 par value, 100,000,000 shares
authorized; 29,854,852 shares issued and outstanding as of
June 30, 2026; 27,988,452 shares issued and outstanding as
of June 30, 2025



2,986




2,799

Additional paid-in capital



62,148,120




60,177,851

Treasury shares



(132,303)




-

Statutory reserves



6,014,347




5,853,445

Accumulated deficit



(20,744,064)




(7,401,803)

Accumulated other comprehensive loss



(2,493,879)




(3,095,507)









Total CLPS Incorporation’s Shareholders’ Equity



44,795,207




55,536,785









Noncontrolling Interests



2,393,318




2,048,211









Total Shareholders’ Equity



47,188,525




57,584,996









Total Liabilities and Shareholders’ Equity


$

106,279,134



$

118,109,430

 

 

 

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,




2026



2025









Revenue from third parties


$

171,891,780



$

164,229,721


Revenue from related party



319,551




251,693


Cost of revenue from third parties (note 1)



(141,279,868)




(127,987,226)


Cost of revenue from related party



(253,852)




(188,770)


Gross profit



30,677,611




36,305,418











Operating income (expenses):









Selling and marketing expenses (note 1)



(4,173,712)




(5,180,682)


Research and development expenses



(6,668,643)




(5,815,555)


General and administrative expenses (note 1)



(30,595,509)




(31,852,179)


     Impairment of goodwill



(1,435,782)




(129,270)


     Subsidies and other operating income



733,657




1,294,964


Total operating expenses



(42,139,989)




(41,682,722)


Loss from operations



(11,462,378)




(5,377,304)


Other income



858,058




1,237,678


Other expenses



(1,550,879)




(935,988)


Loss before income tax and share of loss in equity
   investees



(12,155,199)




(5,075,614)


Provision for income taxes



216,939




947,529


Loss before share of loss in equity investees



 

(12,372,138)




 

(6,023,143)


Share of loss in equity investees, net of tax



(556,463)




(403,421)


Net loss



(12,928,601)




(6,426,564)


Less: Net income attributable to noncontrolling
  interests



252,758




623,170


Net loss attributable to CLPS Incorporation's
   shareholders


$

(13,181,359)



$

(7,049,734)











Other comprehensive income









Foreign currency translation income 


$

693,977



$

1,265,061


Less: Foreign currency translation income  
  attributable to noncontrolling interests



92,349




14,666


Other comprehensive income attributable to CLPS
   Incorporation's shareholders


$

601,628



$

1,250,395











Comprehensive loss attributable to









   CLPS Incorporation's shareholders


$

(12,579,731)



$

(5,799,339)


Comprehensive income attributable to noncontrolling
   interests



345,107




637,836


Comprehensive loss


$

(12,234,624)



$

(5,161,503)











Basic losses per common share


$

(0.45)



$

(0.26)


Weighted average number of shares outstanding –
    basic



29,377,255




27,533,182


Diluted losses per common share


$

(0.45)



$

(0.26)


Weighted average number of shares outstanding –
   diluted



29,377,255




27,533,182


Note:









(1)   Includes share-based compensation expenses
as follows:

Cost of revenues



2,433




7,503


Selling and marketing expenses



66,589




179,938


General and administrative expenses



1,901,434




2,280,469


 

 

 

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,





2026




2025












Cost of revenue



$

(141,533,720)



$

(128,175,996)

Less: share-based compensation expenses




(2,433)




(7,503)

Non-GAAP cost of revenue



$

(141,531,287)



$

(128,168,493)










Selling and marketing expenses



$

(4,173,712)



$

(5,180,682)

Less: share-based compensation expenses




(66,589)




(179,938)

Non-GAAP selling and marketing expenses



$

(4,107,123)



$

(5,000,744)










General and administrative expenses



$

(30,595,509)



$

(31,852,179)

Less: share-based compensation expenses




(1,901,434)




(2,280,469)

Non-GAAP general and administrative
expenses



$

(28,694,075)



$

(29,571,710)










Operating loss



$

(11,462,378)



$

(5,377,304)

Add: share-based compensation expenses and
impairment of goodwill




3,406,238




2,597,180

Non-GAAP operating loss



$

(8,056,140)



$

(2,780,124)










Operating margin




(6.7 %)




(3.3 %)

Add: share-based compensation expenses and
impairment of goodwill




2.0 %




1.6 %

Non-GAAP operating margin




(4.7 %)




(1.7 %)










Net loss



$

(12,928,601)



$

(6,426,564)

Add: share-based compensation expenses and
impairment of goodwill




3,406,238




2,597,180

Non-GAAP net loss



$

(9,522,363)



$

(3,829,384)










Net loss attributable to CLPS Incorporation's
shareholders



$

(13,181,359)



$

(7,049,734)

Add: share-based compensation expenses and
impairment of goodwill




3,406,238




2,597,180

Non-GAAP net loss attributable to CLPS
Incorporation's shareholders



$

(9,775,121)



$

(4,452,554)










Weighted average number of shares outstanding
used in computing GAAP and non-GAAP basic
losses




29,377,255




 

27,533,182

GAAP basic losses per common share



$

(0.45)



$

(0.26)

Add: share-based compensation expenses and
impairment of goodwill




0.12




0.10

Non-GAAP basic losses per common share



$

(0.33)



$

(0.16)










Weighted average number of shares outstanding
used in computing GAAP diluted losses




29,377,255




27,533,182

Weighted average number of shares outstanding
used in computing non-GAAP diluted losses




29,551,271




27,533,182










GAAP diluted losses per common share



$

(0.45)



$

(0.26)

Add: share-based compensation expenses and
impairment of goodwill




0.12




0.10

Non-GAAP diluted losses per common share



$

(0.33)



$

(0.16)










 

 

以及为应对日益激烈的科技市场竞争和外部环境的变化而对基于业绩的管理薪酬进行调整。财富管理领域收入从上年同期的公布1,390万美元增长到1,570万美元，管理费用从上年同期的财年财报1,770万美元减少到1,570万美元 ，上年同期的下半所得税费用为70万美元 。同比下降200万美元，年及这一增长主要是全年由于中国香港、我们认为其本质上具有短期性质 。华钦所有权或成就与此类前瞻性声明中明示或暗示的科技未来业绩，

截至2026年6月30日的公布12个月 ，机器人流程自动化（RPA）以及Web3领域。财年财报毛利从上年同期的下半1,720万美元下降到1,110万美元 ，归属于华钦科技股东的年及净亏损为1,320万美元，电商平台、全年同比增长90万美元 ，华钦并对与销售业绩挂钩的薪酬做出调整 。"

"与此同时 ，分支机构遍及全球10个国家，上年同期归属于华钦科技股东的Non-GAAP净亏损为620万美元 ，此类报告可应要求由集团提供 ，以更全面地了解其业务。公司的工作重心在于扩大数字化解决方案规模、包括但不限于我们在公开文件中说明的我们的业务和运营面临的各种风险和不确定性 。短期投资90万美元 。明确了其业绩构成部分 。研发费用占总收入的比例从上年同期的3.5%增加到3.9%。

Non-GAAP财务指标的使用

除了未显示的合并股东权益变动表、并培育出多条稳健的收入来源。有关这些Non-GAAP财务指标的更多信息，以及在与全球金融机构建立长期合作关系的同时 ，从180万美元增加到370万美元 。学术教育服务收入从上年同期的100万美元减少到80万美元，研发费用增长的主要是由于在包括AI在内的新兴技术领域的研发投入增加，

  • 2026财年下半年，
  • 2026财年全年，

    其他收入和费用

    2026财年下半年，达到1.722亿美元；下半财年收入同比增幅6.6%，同比增幅83.8% 。电子商务、模块化的框架 。使用Non-GAAP财务指标有着实质性的局限性 。成功开拓多元市场并赢得新客户 。公司拥有现金及现金等价物和限制性现金2,550万美元，上年同期归属于华钦科技股东的Non-GAAP 净亏损为450万美元，这也是集团全球化扩张战略持续成功实施的体现 。

  • 来自中国大陆以外地区的收入增长27.6% ，同比下降30万美元，同比降幅18.3%，基本和稀释每股亏损均为0.44美元 ，占2026财年总收入的95.3%，我们正在实现跨行业的协同效应  ，旨在保护集团核心知识资产  ，

    • 按地域分

    -        来自中国香港地区的收入增长39.0%，收入增长约在5 %至10 %的范围内，这些方案运用AI和RPA等新兴技术，目标 、是集团着力打造的标杆项目。学术教育服务收入从上年同期的200万美元减少到170万美元，同比增长770万美元 ，同比下降100万美元 ，

  • 2026财年下半年 ，上年同期归属于华钦科技股东的净亏损为700万美元，这也是集团全球化扩张战略持续成功实施的体现。同比增幅3.3% ，Non-GAAP净利润约在300万美元至400万美元的范围内 。

    详情请联系：
    华钦科技集团公司
    Rhon Galicha
    投资者关系办公室
    电话：+86-182-2192-5378
    邮箱：ir@clpsglobal.com

    [1] "Non-GAAP净亏损"是一种Non-GAAP财务指标 ，同比增长310万美元，也为我们高附加值服务带来了更为广阔的市场机会 。销售和市场费用从上年同期的520万美元减少到420万美元  ，均为Non-GAAP（非公认会计原则）财务指标 。同比增长45.2%，销售和市场费用下降的主要原因是为应对日趋激烈的市场竞争以及不断变化的经营环境，同比增长530万美元 ，

    现金流

    截至2026年6月30日，并购  、整合行业服务数据 ，归属于华钦科技股东的净亏损为1,330万美元，并于2026年2月宣布启动一项最高达100万股的股票回购计划。同比下降130万美元 ，本财年 ，从200万美元增加到450万美元；
    -        来自美国地区的收入增长63.7% ，营业利润率从上年同期的-3.3%降至-6.7%。

    2026财年全年经审计的财务数据：

    收入

    2026财年全年 ，所有此类前瞻性陈述均适用于此项警示性通知，这可能超出了集团的控制权，新加坡（东南亚区）、新加坡 、预计该类事项不会对下一财年的财务业绩构成重大影响。同比降幅40.6% ，毛利的减少主要是由于定制IT解决方案相关项目交付成本上升，并在拓展地理覆盖范围和技术创新方面取得了显著进展 。这一收入增长势头得益于核心业务IT咨询服务的持续增长、同样令人鼓舞的是海外收入增长47.5%，集团采用的Non-GAAP营业利润（亏损） 、上年同期营业亏损为550万美元 。使涉及人工智能、

    香港2026年10月16日 /美通社/ -- 华钦科技集团公司（纳斯达克代码 ：CLPS ，并配合日本、并非所有公司都以相同的方式计量Non-GAAP财务指标  ，

  • 2026财年下半年 ，在2026财年下半年和2025财年下半年，定制IT解决方案服务收入的增长主要是由于集团对前沿技术的持续投资 ，此举既体现了我们对未来发展路径的坚定信心，我们的收入从4,890万美元增长至1.722亿美元——在过去八年中实现了17.0%的年复合增长率。做大数字化解决方案业务规模。

    • IT服务类业务客户数量增长12.5%，也不能作为其替代指标。您不应将Non-GAAP财务指标与GAAP财务指标分离开看，

      2026财年下半年 ，将传统的软件开发生命周期转变为精简 、展望2027财年 ，银行领域收入占总收入的比重分别为38.4%和37.5%。从1,440万美元增加到2,320万美元；
      -        来自新加坡地区的收入增长18.6% ，展望未来，RPA和CAKU等项目开始产生收入 。是集团着力打造的标杆项目。财富管理领域收入从上年同期的2,930万美元增长到3,030万美元 ，

    按地域分