Core Insights - CLPS Incorporation announced a collaboration with The Bank of East Asia to conduct a Proof-of-Concept for Nibot, an advanced AI agent integrating Robotic Process Automation and Generative Artificial Intelligence [1][2] - The initiative is part of the GenA.I. Sandbox launched by the Hong Kong Monetary Authority and Hong Kong Cyberport Management Company Limited, aimed at enhancing banking operations [1][2] Company Overview - CLPS Incorporation, established in 2005 and headquartered in Hong Kong, focuses on driving digital transformation and optimizing operational efficiency through innovations in AI, cloud computing, and big data [3] - The company operates across 10 countries with strategic hubs in Shanghai, Singapore, and California, providing a robust global service network [3] Project Details - The PoC aims to explore Nibot's potential to improve efficiency, ensure regulatory compliance, and strengthen risk management in financial workflows [2] - Nibot will feature capabilities such as Intelligent Process Generation & Optimization, Automated Risk Monitoring & Feedback, and AI Interactive Verification [5] Leadership Statements - CLPS's Vice President emphasized the collaboration's goal of realizing hyper automation and optimizing financial workflows [2] - The CEO of CLPS highlighted the commitment to ongoing R&D investment to support digital and intelligent transformation [2] - The Head of Fintech Development at BEA noted the importance of reshaping banking operations through advanced AI technologies [2]

Core Insights - CLPS Incorporation reported financial results for the fiscal year 2025, highlighting challenges due to a major client's workforce downsizing, which led to increased severance expenses and short-term pressure on net income [2][10][41] - The company is focusing on transforming challenges into opportunities by advancing strategic objectives, particularly in artificial intelligence (AI) and Robotic Process Automation (RPA), while expanding its international market presence [3][11] Financial Performance - Revenue for fiscal year 2025 increased by 15.2% to $164.5 million from $142.8 million, driven primarily by demand in IT consulting services [28][31] - Adjusted net income for fiscal year 2025 was $78.0 thousand after excluding one-time severance expenses [2] - Gross profit increased by 10.2% to $36.3 million from $32.9 million, attributed to the overall revenue growth [33] Revenue Breakdown - Revenue from IT consulting services rose by 16.0% to $158.8 million, accounting for 96.5% of total revenue [31] - Revenue generated outside of mainland China surged by 90.5% to $42.5 million, reflecting strong performance in Singapore, Hong Kong SAR, and Japan [32] - Revenue from the banking area increased by 12.1% to $64.1 million, while wealth management revenue decreased by 17.8% to $29.3 million [40] Operational Highlights - The company experienced a significant increase in revenue from international markets, with Singapore, Hong Kong SAR, and Japan showing year-over-year growth rates of 99.2%, 130.5%, and 253.2%, respectively [5][9] - The total number of clients in the IT services segment increased by 6.3% to 319 [7] Expenses and Losses - General and administrative expenses rose by 26.8% to $31.9 million, primarily due to one-time severance costs [36] - Operating loss for fiscal year 2025 was $5.4 million, compared to an operating loss of $2.5 million in the previous year [37] - Net loss attributable to shareholders was $7.0 million, or $0.26 basic and diluted losses per share [42] Future Outlook - The company anticipates total sales growth of approximately 10% to 15% for fiscal year 2026, with expected non-GAAP net income in the range of $4.4 million to $5.0 million [46]