OverviewSuggest Edit

CLPS provides information technology and consulting services to banking, insurance, and financial sectors internationally. It offers IT consulting services in credit card business areas, such as credit card application, account setup, authorization and activation, settlement, collection, promotion, point system, anti-fraud, statement, reporting, and risk management. The Company also provides core banking services, including business analysis, system design, development, testing, system maintenance, and operation support. In addition, CLPS offers software project development, maintenance, and testing solution services.
TypePublic
Founded2005
HQCN
Websiteclpsglobal.com

Latest Updates

Employees (est.) (Apr 2022)3,352
Revenue (FY, 2020)$89.4 M(+38%)
Share Price (May 2022)$1.7(-3%)
Cybersecurity ratingBMore
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Key People/Management at CLPS

Raymond Ming Hui Lin

Raymond Ming Hui Lin

Chief Executive Officer and Director
Li Li

Li Li

Chief Operating Officer
Srustijeet Mishra

Srustijeet Mishra

Chief Executive Officer - SEA Region
Kee Chong Seng

Kee Chong Seng

Independent Director
Zhao Hui Feng

Zhao Hui Feng

Independent Director
Xiao Feng Yang

Xiao Feng Yang

Chairman of the Board
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CLPS Office Locations

CLPS has an office in Singapore
Singapore, SG
Block 10 Ubi Cres, #02-05
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CLPS Financials and Metrics

CLPS Revenue

CLPS's revenue was reported to be $89.42 m in FY, 2020
USD

Revenue (H1, 2021)

58.3m

Gross profit (H1, 2021)

18.5m

Net income (H1, 2021)

4.9m

EBITDA (H1, 2021)

3.9m

EBIT (H1, 2021)

5.0m

Market capitalization (9-May-2022)

34.3m

Closing stock price (9-May-2022)

1.7

Cash (31-Dec-2020)

26.0m

EV

13.3m
CLPS's current market capitalization is $34.3 m.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

48.9m64.9m89.4m

Cost of goods sold

(31.1m)(40.8m)(57.7m)

Gross profit

17.9m24.2m31.7m

R&D expense

(5.9m)(8.0m)(10.4m)
Half Year
USDH1, 2019H1, 2020H1, 2021

Revenue

30.8m42.6m58.3m

Cost of goods sold

(19.6m)(27.2m)(39.8m)

Gross profit

11.2m15.6m18.5m

R&D expense

(3.0m)(5.0m)(6.2m)
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

9.7m6.6m12.7m

Accounts Receivable

16.3m19.3m25.8m

Prepaid Expenses

856.0k1.7m793.0k
Half Year
USDH1, 2019H1, 2020H1, 2021

Cash

5.8m11.2m26.0m

Accounts Receivable

16.5m20.9m31.2m

Prepaid Expenses

2.5m885.0k
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

2.7m(3.4m)3.1m

Depreciation and Amortization

206.0k404.0k593.0k

Accounts Payable

592.0k(843.0k)146.0k
Half Year
USDH1, 2019H1, 2020H1, 2021
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CLPS Revenue Breakdown

Embed Graph

CLPS revenue breakdown by business segment: 97.5% from FINTECH IT CONSULTING SERVICE and 2.5% from Other

CLPS Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

CLPS Online and Social Media Presence

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CLPS News and Updates

CLPS Incorporation Reports Financial Results for the First Half of Fiscal Year 2022

HONG KONG, March 4, 2022 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today announced its unaudited financial results for the six months ended December 31, 2021, or the first half of the Company's fiscal year 2022. First Half of Fiscal 2022 Highlights (all...

CLPS Incorporation Announces Strategic Cooperation with Yusys Technologies

HONG KONG, Dec. 22, 2021 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), announced today that its majority-owned subsidiary, JAJI (Shanghai) Co., Ltd. ("JAJI"), has entered into a strategic cooperation agreement (the "Agreement") with Beijing Yusys...

CLPS Incorporation Announces Establishment of Philippine Subsidiary to Expand in the Southeast Asia Market

HONG KONG, Sep. 3, 2021 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today announced that it established CLPS Technology (Philippines) Corp. ("CLPS Philippines") in Metro Manila. The formation of the Philippine subsidiary is in line with the Company's...

CLPS Incorporation Announces Chairman's Letter to the Company's Shareholders

HONG KONG, March 12, 2021 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today released a letter to shareholders from the Chairman of the Company's Board of Directors (the "Board"), the full text of which is provided below. All CLPS shareholders are...

CLPS Incorporation Reports Financial Results for the First Half of Fiscal Year 2021

HONG KONG, March 5, 2021 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today announced its unaudited financial results for the six months ended December 31, 2020, or the first half of the Company's fiscal year 2021. First Half of Fiscal 2021 Highlights (all...

Firefly wins NASA CLPS lunar lander contract

NASA has selected Firefly Aerospace to deliver a set of 10 research payloads to the moon in 2023, the latest award in its Commercial Lunar Payload Services (CLPS) program. SpaceNews
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CLPS Blogs

CLPS INCORPORATION ANNOUNCES SCENARIO-BASED DIGITAL CURRENCY APPLICATION SOLUTION TO FACILITATE DIGITAL ECONOMY DEVELOPMENT

CLPS INCORPORATION ANNOUNCES SCENARIO-BASED DIGITAL CURRENCY APPLICATION SOLUTION TO FACILITATE DIGITAL ECONOMY DEVELOPMENT HONG KONG, May 10, 2022 /PRNewswire/ — CLPS Incorporation (the “Company” or “CLPS”) (Nasdaq: CLPS), today announced the launch of its scenario-based digital currency applicatio…

CLPS INCORPORATION ANNOUNCES NEW GENERATION CREDIT CARD SYSTEM PRODUCT, CAKU, TO FACILITATE DIGITAL TRANSFORMATION IN BANKING

CLPS INCORPORATION ANNOUNCES NEW GENERATION CREDIT CARD SYSTEM PRODUCT, CAKU, TO FACILITATE DIGITAL TRANSFORMATION IN BANKING HONG KONG, April 26, 2022 /PRNewswire/ — CLPS Incorporation (the “Company” or “CLPS”) (Nasdaq: CLPS), today announced the launch of the commercial edition of its new generati…

CLPS INCORPORATION REPORTS FINANCIAL RESULTS FOR THE FIRST HALF OF FISCAL YEAR 2022

CLPS INCORPORATION REPORTS FINANCIAL RESULTS FOR THE FIRST HALF OF FISCAL YEAR 2022 HONG KONG, March 4, 2022 /PRNewswire/ — CLPS Incorporation (the “Company” or “CLPS”) (Nasdaq: CLPS), today announced its unaudited financial results for the six months ended December 31, 2021, or the first half of th…

CLPS INCORPORATION TO ANNOUNCE FIRST HALF OF FISCAL 2022 FINANCIAL RESULTS

CLPS INCORPORATION TO ANNOUNCE FIRST HALF OF FISCAL 2022 FINANCIAL RESULTS HONG KONG, Feb. 25, 2022 /PRNewswire/ — CLPS Incorporation (Nasdaq: CLPS) (“CLPS” or “the Company”), today announced that it plans to release its first half of fiscal 2022 financial results before the market opens on March 4,…

CLPS CEO RAYMOND LIN DISCUSSES THE COMPANY’S STRATEGY IN AN INTERVIEW WITH HONG KONG CAPITAL MAGAZINE

CLPS CEO RAYMOND LIN DISCUSSES THE COMPANY’S STRATEGY IN AN INTERVIEW WITH HONG KONG CAPITAL MAGAZINE Mr. Raymond Lin, Chief Executive Officer of CLPS, talks about the Company’s development strategy in an exclusive interview with Capital Magazine amidst a fast-growing fintech industry in Hong Kong u…

CLPS INCORPORATION ANNOUNCES STRATEGIC COOPERATION WITH YUSYS TECHNOLOGIES

CLPS INCORPORATION ANNOUNCES STRATEGIC COOPERATION WITH YUSYS TECHNOLOGIES HONG KONG, Dec. 22, 2021 /PRNewswire/ — CLPS Incorporation (Nasdaq: CLPS) (“CLPS” or “the Company”), announced today that its majority-owned subsidiary, JAJI (Shanghai) Co., Ltd. (“JAJI”), has entered into a strategic coopera…
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CLPS Frequently Asked Questions

  • When was CLPS founded?

    CLPS was founded in 2005.

  • Who are CLPS key executives?

    CLPS's key executives are Raymond Ming Hui Lin, Li Li and Srustijeet Mishra.

  • How many employees does CLPS have?

    CLPS has 3,352 employees.

  • What is CLPS revenue?

    Latest CLPS annual revenue is $89.4 m.

  • What is CLPS revenue per employee?

    Latest CLPS revenue per employee is $26.7 k.

  • Who are CLPS competitors?

    Competitors of CLPS include Kinetic IT, Beijing Watertek Information Technology and Zenith Software.

  • Where are CLPS offices?

    CLPS has an office in Singapore.

  • How many offices does CLPS have?

    CLPS has 2 offices.