XML 29 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]      
Revenues $ 126,061,693 $ 89,415,798 $ 64,932,937
Less: Cost of revenues (85,890,757) (58,296,097) (41,178,356)
Gross profit 40,170,936 31,119,701 23,754,581
Operating income (expenses):      
Selling and marketing expenses (3,753,236) (3,059,877) (2,179,029)
Research and development expenses (13,337,913) (10,436,975) (7,978,883)
General and administrative expenses (16,784,688) (16,343,936) (17,384,393)
Subsidies and other operating income 2,080,087 1,927,230 697,370
Total operating expenses (31,795,750) (27,913,558) (26,844,935)
Income (loss) from operations 8,375,186 3,206,143 (3,090,354)
Other income 296,319 608,638 82,138
Other expenses (351,045) (107,322) (92,429)
Income (loss) before income tax and share of income (loss) in equity investees 8,320,460 3,707,459 (3,100,645)
Provision for income taxes 1,257,124 835,444 186,615
Income (loss) before share of income (loss) in equity investees 7,063,336 2,872,015 (3,287,260)
Share of (loss) income in equity investees, net of tax (44,121) 207,363 (145,329)
Net income (loss) 7,019,215 3,079,378 (3,432,589)
Less: Net income (loss) attributable to noncontrolling interest 202,643 141,139 (162,813)
Net income (loss) attributable to CLPS Incorporation’s shareholders 6,816,572 2,938,239 (3,269,776)
Other comprehensive (loss) income      
Foreign currency translation income (loss) 2,695,223 (571,943) (429,348)
Less: foreign currency translation income (loss) attributable to noncontrolling interests 102,475 (22,928) (17,375)
Other comprehensive income (loss) attributable to CLPS Incorporation’s shareholders 2,592,748 (549,015) (411,973)
Comprehensive income (loss) attributable to CLPS’s Incorporation shareholders 9,409,320 2,389,224 (3,681,749)
Comprehensive income (loss) attributable to noncontrolling interests 305,118 118,211 (180,188)
Comprehensive income (loss) $ 9,714,438 $ 2,507,435 $ (3,861,937)
Basic earnings (loss) per common share (in Dollars per share) $ 0.39 $ 0.2 $ (0.24)
Weighted average number of share outstanding – basic (in Shares) 17,279,443 14,689,224 13,843,764
Diluted earnings (loss) per common share (in Dollars per share) $ 0.39 $ 0.2 $ (0.24)
Weighted average number of share outstanding – diluted (in Shares) 17,569,440 14,692,299 13,843,764