CLPS Inc
NASDAQ:CLPS
Income Statement
Earnings Waterfall
CLPS Inc
Revenue
|
145.4m
USD
|
Cost of Revenue
|
-113.6m
USD
|
Gross Profit
|
31.8m
USD
|
Operating Expenses
|
-34m
USD
|
Operating Income
|
-2.2m
USD
|
Other Expenses
|
-371.5k
USD
|
Net Income
|
-2.6m
USD
|
Income Statement
CLPS Inc
Mar-2018 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
66
N/A
|
49
-26%
|
58
+18%
|
65
+13%
|
77
+18%
|
89
+17%
|
105
+18%
|
126
+20%
|
144
+14%
|
152
+6%
|
153
+1%
|
150
-2%
|
145
-3%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(41)
|
(31)
|
(38)
|
(41)
|
(49)
|
(58)
|
(71)
|
(86)
|
(100)
|
(111)
|
(116)
|
(116)
|
(114)
|
|
Gross Profit |
26
N/A
|
18
-31%
|
20
+13%
|
24
+19%
|
28
+17%
|
31
+11%
|
34
+10%
|
40
+17%
|
44
+9%
|
41
-7%
|
37
-9%
|
35
-7%
|
32
-8%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(23)
|
(16)
|
(21)
|
(27)
|
(28)
|
(28)
|
(27)
|
(32)
|
(32)
|
(34)
|
(36)
|
(32)
|
(34)
|
|
Selling, General & Administrative |
(13)
|
(8)
|
(14)
|
(20)
|
(19)
|
(19)
|
(19)
|
(21)
|
(24)
|
(27)
|
(29)
|
(25)
|
(25)
|
|
Research & Development |
(10)
|
(8)
|
(7)
|
(8)
|
(10)
|
(10)
|
(12)
|
(13)
|
(11)
|
(8)
|
(8)
|
(8)
|
(7)
|
|
Other Operating Expenses |
0
|
0
|
0
|
1
|
1
|
2
|
3
|
2
|
3
|
2
|
1
|
1
|
(1)
|
|
Operating Income |
3
N/A
|
2
-41%
|
(1)
N/A
|
(3)
-126%
|
0
N/A
|
3
+2 033%
|
7
+115%
|
8
+22%
|
12
+43%
|
7
-39%
|
1
-84%
|
3
+112%
|
(2)
N/A
|
|
Pre-Tax Income | ||||||||||||||
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
|
Total Other Income |
1
|
1
|
1
|
0
|
1
|
1
|
(1)
|
(0)
|
(1)
|
0
|
1
|
1
|
1
|
|
Pre-Tax Income |
4
N/A
|
3
-35%
|
(0)
N/A
|
(3)
-969%
|
1
N/A
|
4
+302%
|
6
+66%
|
8
+35%
|
11
+29%
|
8
-28%
|
2
-76%
|
1
-57%
|
(2)
N/A
|
|
Net Income | ||||||||||||||
Tax Provision |
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
4
|
3
|
(0)
|
(3)
|
1
|
3
|
6
|
7
|
9
|
5
|
(1)
|
0
|
(2)
|
|
Income to Minority Interest |
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
|
Net Income (Common) |
4
N/A
|
2
-36%
|
(0)
N/A
|
(3)
-931%
|
1
N/A
|
3
+447%
|
5
+87%
|
7
+25%
|
8
+21%
|
5
-45%
|
(1)
N/A
|
0
N/A
|
(3)
N/A
|
|
EPS (Diluted) |
0.28
N/A
|
0.18
-36%
|
-0.02
N/A
|
-0.24
-1 100%
|
0.04
N/A
|
0.2
+400%
|
0.34
+70%
|
0.39
+15%
|
0.41
+5%
|
0.21
-49%
|
-0.03
N/A
|
0.01
N/A
|
-0.11
N/A
|