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CLPS (CLPS)

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Recent press releases and 8-K filings for CLPS.

CLPS Incorporation Reviews Fiscal Year 2025 Performance and Outlines 2026 Outlook
CLPS
Earnings
Guidance Update
New Projects/Investments
  • CLPS Incorporation reported fiscal year 2025 revenue of $164.5 million, marking a 15.2% increase year-over-year, with gross profit rising 10.2% to $36.3 million.
  • The company's net income for fiscal year 2025 was significantly impacted by one-time severance charges due to a major client's personnel reduction; however, adjusted net income, excluding these charges, was $78.0 thousand.
  • CLPS anticipates maintaining a revenue growth rate of 10%-15% for fiscal year 2026.
  • Strategic developments in fiscal year 2025 included the launch of its proprietary Nibot Robotic Process Automation (RPA) product and a Web3-ready issuance platform, alongside significant global expansion which saw revenue generated outside mainland China grow 90.5% to $42.5 million. The company's majority-owned subsidiary, JAJI Global Incorporation, also submitted a Form F-1 for a proposed initial public offering.
Jan 2, 2026, 1:30 PM
Intuitive Machines to Acquire Lanteris Space Systems
CLPS
M&A
New Projects/Investments
Guidance Update
  • Intuitive Machines, Inc. announced a definitive agreement to acquire Lanteris Space Systems for $800 million, consisting of $450 million in cash and $350 million in stock, with the transaction expected to close in the first quarter of 2026.
  • The acquisition is projected to create a combined entity with revenue exceeding $850 million, positive Adjusted EBITDA, and $920 million in backlog as of September 30, 2025. Lanteris Space Systems alone contributed approximately $630 million in revenue and $685 million in backlog for the twelve months ended September 30, 2025.
  • This strategic move positions Intuitive Machines as a "next generation space prime," expanding its data services business and strengthening its ability to secure future national security, civil, and commercial space programs across various domains.
  • For Q3 2025, Intuitive Machines reported revenue of $52.4 million, a net loss of ($10.0) million, and Adjusted EBITDA of ($13.2) million, ending the quarter with $235.9 million in backlog and a $622.0 million cash balance.
Nov 4, 2025, 11:00 AM
CLPS Announces Stablecoin Payment Integration into Core Credit Card System
CLPS
Product Launch
New Projects/Investments
  • CLPS Incorporation, through its wholly-owned Hong Kong subsidiary, Qinson Credit Card Services Limited (QCC), has integrated major stablecoin payment and settlement functions into its core credit card system, CAKU.
  • This strategic move aims to provide enhanced payment flexibility, faster transaction speed, and lower costs for issuing banks, merchants, and consumers.
  • The new functionality enables corporate and individual users to pay credit card bills, settle point of sale transactions, and manage credit limits with stablecoins, including U.S. Dollar Coin (USDC) and Tether (USDT).
  • The system is designed to strictly adhere to global regulatory standards, incorporating robust Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, and is expected to roll out first in Hong Kong SAR.
Oct 24, 2025, 12:30 PM
CLPS Incorporation Reports Fiscal Year 2025 Financial Results
CLPS
Earnings
Guidance Update
Layoffs
  • CLPS Incorporation reported a 15.2% increase in revenue, reaching $164.5 million for fiscal year 2025, compared to the prior year.
  • 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.
  • 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.
  • 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.
Oct 17, 2025, 1:23 PM
CLPS Leverages AI for Legacy System Modernization at Hong Kong Bank
CLPS
New Projects/Investments
Product Launch
  • 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.
  • The project was completed in seven months with a team of just over 20 developers, achieving a 70% automation rate in system code conversion. This significantly reduced the typical project time of two years and labor input of 40-50 developers for a project of this scale.
  • 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. CLPS views this framework as highly scalable and a replicable solution for modernizing legacy systems across various industries.
Sep 11, 2025, 12:30 PM
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