CLPS Incorporation (CLPS) Cash Flow Statement
Where CLPS’s cash came from and went, FY2025
June 30, 2025 · U.S. dollars- Cash from operations
- −$2.5M −128.5% vs FY2024
- Capital expenditures
- $1.3M 0.8% of revenue
- Free cash flow
- −$3.8M −2.3% margin
- Returned to shareholders
- $3.6M
- Change in cash
- −$967,352 cash at year-end $28.2M
Drawn to scale: where the cash came from and how it was used. Hover for values.
CLPS operating cash flow, capex and free cash flow
CLPS cash flow trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $4.5MFY2016 | −$2.5MFY2025 | — | |
| Capital expenditures | $327,768FY2016 | $1.3MFY2025 | +16.1%/yr | |
| Free cash flow | $4.1MFY2016 | −$3.8MFY2025 | — | |
| Free cash flow margin | 14.2%FY2016 | −2.3%FY2025 | −16.6 pts | |
| Operating cash flow / net income | 2.44FY2016 | 58.62FY2023 | +56.18 | |
| Stock-based compensation | −$2.6MFY2016 | $3.2MFY2024 | — | |
| Dividends paid | $5.3MFY2016 | $3.6MFY2025 | −4.0%/yr | |
| Share buybacks (net) | $0FY2016 | $19.8MFY2021 | — | |
| Capex / revenue | 1.1%FY2016 | 0.8%FY2025 | −0.4 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CLPS cash flow by activity
CLPS net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
CLPS cash flow statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | −$7.0M | −$2.3M | $165,565 | $4.5M | $6.8M | $2.9M | −$3.3M | $2.4M | $2.0M | $1.8M |
| Depreciation & amortization | $1.9M | $1.3M | $1.2M | $912,248 | $677,241 | $593,173 | $403,700 | $206,169 | $143,626 | $54,105 |
| Stock-based compensation | — | $3.2M | $2.5M | $7.2M | $5.1M | $4.0M | $7.0M | $10.0M | $2.6M | −$2.6M |
| Change in working capital | −$3.5M | $5.1M | $2.3M | −$9.6M | −$15.3M | −$1.5M | −$3.7M | −$7.6M | −$1.6M | $2.7M |
| Other non-cash items | $6.1M | $1.7M | $3.5M | $233,464 | $73,887 | −$95,208 | −$16,485 | −$9.8M | −$2.6M | $2.4M |
| Cash from operating activities | −$2.5M | $8.9M | $9.7M | $3.2M | −$2.6M | $5.9M | $401,107 | −$4.8M | $624,344 | $4.5M |
| Investing activities | ||||||||||
| Capital expenditures | −$1.3M | −$2.1M | −$519,282 | −$20.8M | −$1.1M | −$167,704 | −$499,557 | −$231,229 | −$62,514 | −$327,768 |
| Investments (net) | — | −$12.3M | −$306,046 | $4.5M | −$3.7M | $173,229 | −$3.9M | −$492,672 | −$101,218 | −$374,348 |
| Acquisitions & other investing | −$496,075 | $2.1M | $519,282 | −$76,685 | −$1.3M | $167,704 | −$82,883 | $231,229 | $68,952 | $367,700 |
| Cash from investing activities | −$1.8M | −$12.3M | −$306,046 | −$16.3M | −$6.1M | $173,229 | −$4.4M | −$492,672 | −$94,780 | −$334,416 |
| Financing activities | ||||||||||
| Dividends paid | −$3.6M | −$2.6M | −$1.2M | −$1.2M | −$34,137 | −$1.2M | $0 | −$612,988 | −$736,436 | −$5.3M |
| Share repurchases & issuance (net) | — | — | — | — | −$19.8M | — | $1.5M | −$13.3M | $0 | $2.1M |
| Net borrowing (repayment) | — | $12.7M | −$2.9M | $7.5M | $5.0M | −$74,638 | −$423,370 | $1.7M | −$102,754 | $77,590 |
| Shares issued | $0 | $0 | $0 | $0 | $14.7M | $0 | $1.5M | $0 | $0 | $0 |
| Other financing | $6.5M | $0 | −$207,087 | $1.2M | $19.9M | $1.4M | −$1.5M | $22.6M | $0 | $2.6M |
| Cash from financing activities | $2.9M | $10.2M | −$4.3M | $7.5M | $19.8M | $125,362 | $1.0M | $10.3M | −$839,190 | −$418,769 |
| Summary | ||||||||||
| Net change in cash | −$967,352 | $6.8M | $3.9M | −$6.3M | $12.1M | $6.1M | −$3.1M | $4.9M | −$462,628 | $5.3M |
| Cash at end of period | $28.2M | $29.1M | $22.3M | $18.4M | $24.7M | $12.7M | $6.6M | $9.7M | $4.8M | $5.3M |
| Free cash flow | −$3.8M | $6.8M | $9.2M | −$17.5M | −$3.7M | $5.8M | −$98,450 | −$5.0M | $561,830 | $4.1M |
| Free cash flow margin | −2.3% | 4.8% | 6.1% | −11.5% | −2.9% | 6.4% | −0.2% | −10.2% | 1.8% | 14.2% |
| Capex / revenue | 0.8% | 1.5% | 0.3% | 13.6% | 0.9% | 0.2% | 0.8% | 0.5% | 0.2% | 1.1% |
| Operating cash flow / net income | — | — | 58.62 | 0.72 | −0.38 | 2.02 | — | −1.96 | 0.30 | 2.44 |
| Sep '25 | Sep '24 | Dec '23 | Sep '23 | Dec '22 | Sep '22 | Jun '22 | Mar '22 | |
|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||
| Net income | −$6.7M | −$842,430 | −$1.5M | −$1.1M | $1.3M | −$1.8M | −$903,518 | −$903,518 |
| Depreciation & amortization | $1.9M | $642,587 | $609,906 | $763,688 | $456,124 | $573,627 | $808,448 | — |
| Stock-based compensation | — | $437,123 | $2.7M | $535,223 | $1.9M | $4.7M | $2.4M | $2.4M |
| Change in working capital | −$3.5M | — | — | — | — | $5.9M | $5.9M | — |
| Other non-cash items | $5.7M | −$4.4M | $11.2M | −$7.7M | $13.5M | −$7.0M | −$5.8M | $903,518 |
| Cash from operating activities | −$2.5M | −$4.2M | $13.1M | −$7.5M | $17.2M | $2.4M | $2.4M | $2.4M |
| Investing activities | ||||||||
| Capital expenditures | −$1.3M | −$4.2M | −$13.1M | −$7.5M | −$17.2M | −$11,539 | −$11,540 | $0 |
| Acquisitions & other investing | −$496,075 | −$11.3M | $16.3M | $7.0M | $17.4M | −$16.0M | — | — |
| Cash from investing activities | −$1.8M | −$15.5M | $3.2M | −$506,046 | $200,000 | −$16.0M | — | — |
| Financing activities | ||||||||
| Dividends paid | −$3.6M | — | — | — | — | — | — | — |
| Share repurchases & issuance (net) | — | — | — | — | — | −$11.0M | −$11.0M | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $6.5M | $7.9M | $2.3M | −$6.8M | $2.5M | $905,140 | $905,140 | — |
| Cash from financing activities | $2.9M | $7.9M | $2.3M | −$6.8M | $2.5M | −$10.1M | −$10.1M | — |
| Summary | ||||||||
| Net change in cash | −$7.5M | −$6.1M | $12.9M | −$15.2M | $19.2M | −$3.3M | −$23.7M | $2.4M |
| Cash at end of period | $28.2M | $29.1M | $35.2M | $22.3M | $37.6M | $18.4M | $2.4M | $2.4M |
| Free cash flow | −$3.8M | −$8.3M | $0 | −$7.5M | $17.2M | $2.4M | $2.4M | $2.4M |
| Free cash flow margin | −4.7% | −11.8% | 0.0% | −10.2% | 22.4% | 3.1% | 6.2% | 6.2% |
| Capex / revenue | 1.5% | 5.9% | 18.3% | 10.2% | 22.4% | 0.0% | 0.0% | 0.0% |
| Operating cash flow / net income | — | — | — | — | 13.57 | — | — | — |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
CLPS cash generation
In fiscal 2025 (ended June 30, 2025), CLPS Incorporation generated -$2.5 million of cash from operations (down 128.5%) and spent $1.3 million on capital expenditures, leaving free cash flow of -$3.8 million, −2.3% of revenue. It returned $3.6 million to shareholders through dividends ($3.6 million) and net share buybacks ($0). Cash and equivalents fell by $1.0 million over the year.
Related: CLPS income statement, CLPS balance sheet. See the CLPS stock overview for the latest quote and news.
CLPS cash flow FAQ
What is CLPS Incorporation's free cash flow?
CLPS Incorporation's free cash flow was -$3.8 million in fiscal 2025: -$2.5 million of operating cash flow minus $1.3 million of capital expenditures It was $6.8 million a year earlier..
How much cash does CLPS Incorporation generate from operations?
CLPS Incorporation generated -$2.5 million of cash from operating activities in fiscal 2025.
How much does CLPS Incorporation spend on capital expenditures?
CLPS Incorporation spent $1.3 million on capital expenditures in fiscal 2025, 0.8% of revenue, compared with $2.1 million the year before.
How much does CLPS Incorporation pay in dividends?
CLPS Incorporation paid $3.6 million in dividends in fiscal 2025.