Thomas Fernandez

Jacob Kurtz

William Gregozeski

- CLPS Incorporation reported a **15.2%** increase in revenue, reaching **$164.5 million** for fiscal year 2025, compared to the prior year.  **[1724542_20251017CN00710:0]** **[1724542_20251017CN00710:3]** 
- The company recorded a net loss of **$6.4 million** for fiscal year 2025, primarily due to **significant one-time employee severance expenses** resulting from a major client's global restructuring.  **[1724542_20251017CN00710:0]** **[1724542_20251017CN00710:5]** 
- Revenue generated outside mainland China grew **90.5%** to **$42.5 million** in fiscal year 2025, driven by strong performance in Singapore, Hong Kong SAR, and Japan.  **[1724542_20251017CN00710:0]** **[1724542_20251017CN00710:1]** 
- For fiscal year 2026, CLPS anticipates total sales growth between **10% and 15%** and projects non-GAAP net income in the range of **$4.4 million to $5.0 million**.  **[1724542_20251017CN00710:6]**

CLPS Incorporation Reports Fiscal Year 2025 Financial Results

- CLPS Incorporation successfully modernized a **30-year-old legacy mortgage system** for a major Hong Kong bank, leveraging **artificial intelligence (AI)**, including client-specified models like Microsoft Copilot.  **[1724542_20250911CN71392:0]** 
- The project was completed in **seven months** with a team of just over **20 developers**, achieving a **70% automation rate** in system code conversion.  **[1724542_20250911CN71392:0]**  This significantly reduced the typical project time of **two years** and labor input of **40-50 developers** for a project of this scale.  **[1724542_20250911CN71392:0]** 
- This AI-assisted development model shortened the project cycle from an estimated **24 months to 7 months** and reduced labor input by **over 60%**, leading to **millions of dollars in direct cost savings**.  **[1724542_20250911CN71392:1]**  CLPS views this framework as **highly scalable** and a replicable solution for modernizing legacy systems across various industries.  **[1724542_20250911CN71392:1]**

CLPS (CLPS)