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Helport AI Reports Fiscal Year 2025 Financial Results
Globenewswire· 2025-11-18 13:31
Core Insights - Helport AI Limited reported a revenue increase of 17.9% for the fiscal year ended June 30, 2025, reaching $34.9 million, driven by strong enterprise adoption of AI solutions [5][13] - The company experienced a significant growth in average monthly subscribed seats, which rose by 41.49% to 40,935 from 28,932 in the previous fiscal year [5] - Despite revenue growth, net income decreased by 74.8% to $1.9 million due to increased investments in international expansion and R&D [5][26] Financial Performance - Revenue for the fiscal year ended June 30, 2025, was $34.9 million, up from $29.6 million in the previous year, marking a growth of approximately $5.28 million [13] - Gross profit increased to $19.1 million, a 3.0% rise from $18.6 million, but gross profit margin decreased from 62.81% to 54.87% due to higher amortization costs and outsourcing fees [19] - Operating cash flow was $9.1 million, which is intended to support business expansion and strategic initiatives [5] Operational Highlights - The company added 15 new enterprise customers in its U.S. mortgage business, utilizing the AI+BPO model for outbound sales calls [5] - A new partnership with Best Life & Co. aims to enhance mortgage operations through Helport AI's AI-powered sales platform [5] - The launch of "HyperX," a digital agent platform, allows for one-click deployment of AI agents trained on proprietary data [5] Technology and Product Development - Helport AI launched the "HelportGo" mobile application, designed to enhance productivity for professionals by providing AI-driven call assistance [6][12] - The company introduced updated AI-powered software tailored for the consumer financing, mortgage, and insurance industries, showcasing its ability to deliver domain-specific solutions [12] - Investments in R&D increased to $6.32 million, focusing on product development and technology service consulting [22][23] Market Expansion and Partnerships - The company opened new offices in Mexico, Bolivia, Indonesia, and Thailand to meet demand from current customers [10] - Partnerships in North America and Southeast Asia have grown significantly, with notable success in the mortgage sector through automation and AI-enabled support teams [11] - Helport AI's strategy includes further expansion in high-growth markets, particularly in North America and Southeast Asia, to drive revenue growth [12]
Helport AI Expands AI Solutions for the Insurance Industry with Enhanced Insurance Edition
Globenewswire· 2025-03-18 12:31
Core Viewpoint - Helport AI Limited has launched an upgraded version of its AI-powered software specifically designed for the insurance sector, aiming to enhance customer interactions and operational efficiency [1][2][8] Company Overview - Helport AI is an AI technology company focused on optimizing customer communication through intelligent software solutions, serving enterprise clients [9] Product Launch and Features - The upgraded Helport AI Insurance Edition introduces new capabilities for broader adoption in the U.S. market, enhancing policy recommendations, operational efficiency, and real-time compliance monitoring [2][3][8] - The software addresses challenges in the insurance sector, such as complex regulatory requirements and the need for expertise-driven decision-making [4][6] - Key features include AI-driven expertise for policy analysis and compliance, smart marketing for personalized recommendations, real-time compliance monitoring, and data-driven business optimization [7] Industry Impact - The launch is expected to strengthen Helport AI's position in AI innovation within the insurance sector, helping insurers make data-driven decisions and automate complex processes [8] - The insurance industry is increasingly turning to AI to improve efficiency and customer experiences, with Helport AI leading this transformation [5][6]