Invesaro

Stocks RAASY Financial statements

Financial statements

Cloopen Group Holding Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data Cloopen Group Holding Ltd files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2020FY2021FY2022FY2023FY2024FY2025
Revenue11811886.180.478.676.6
Cost of revenue70.675.453.351.649.755.6
Gross profit4742.732.828.828.921
Research and development26.546.747.331.324.219.9
Selling and marketing32.447.138.53225.720.3
General and administrative31.660.546.326.912.915.9
Operating expenses90.518617490.35656.1
Operating income-43.4-143-141-61.5-27.1-35.1
Interest expense2.190.060.06
Interest income5.781.52
Pre-tax income-76.4-140-142-58.2-20.2-34.3
Income tax0.251.75-0.05-0.08-0.04-0.12
Net income to minority interests1.17-0.09-0.15-0.37-0.560.08
Net income-588-142-141-57.7-19.6-34.2
EBITDA-42.1-141-139-60.3-26.1-34.4
EPS, basic-6.91-3.08-0.44-0.18-0.06-0.11
EPS, diluted-6.91-3.08-0.44-0.18-0.06-0.11
Shares, basic (weighted)85.1295322322323323
Shares, diluted (weighted)85.1295322322323323

Balance sheet

FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents45.510376.453.287.746.4
Short-term investments2059.759.539.951.4
Receivables35.124.920.3
Other current assets21.321.415.715.416.416
Total current assets135425311230197177
Property, plant and equipment2.522.212.091.461.120.87
Lease right-of-use assets2.371.971.482.02
Goodwill19.17.897.677.467.78
Intangible assets0.317.62.462.011.591.33
Long-term investments10.1208.497.617.417.62
Other non-current assets0.590.490.660.50.50.42
Total assets148475335251216197
Accounts payable20.223.217.712.413.118.6
Deferred revenue14.744.952.251.241.942.8
Short-term debt3.070.86
Total current liabilities11911010882.569.777.3
Long-term debt1.26
Lease liabilities0.940.310.650.54
Other non-current liabilities0.520.130
Total liabilities1221131098370.477.8
Total debt1.26
Paid-in capital1,7371,6221,5791,5381,607
Retained earnings-753-1,326-1,366-1,385-1,366-1,461
Treasury stock-12.8-17.5-17-16.6-17.3
Other comprehensive income32-36.4-11.4-8.07-7.72-9.1
Shareholders' equity-721362227169147120
Minority interests0.36-0.17-0.48-0.84-1.37-1.35
Total equity-721362226168146119
Total liabilities and equity148475335251216197

Cash flow statement

FY2020FY2021FY2022FY2023FY2024FY2025
Net income-76.6-142-141-58.1-20.1-34.1
Depreciation and amortization1.321.652.011.241.050.72
Stock-based compensation17.943.615.63.131.961.89
Deferred income tax-0.130.8-1.28-0.06-0.05-0.06
Change in receivables-5.95.390.18-3.965.28-3.86
Cash from operations-34.3-37.4-82.2-72.7-24.7-33
Capital expenditures-0.84-1.16-0.85-0.11-0.4-0.11
Acquisitions-31.9-16.9-1.26
Purchases of investments-20-50.7-3.97-30.4-62.1
Cash from investing-14.7-2855149.563.1-11.5
Debt repaid-16.3-1.16
Stock issued4.22
Cash from financing70.1384-7.65
Exchange rate effect-0.56-5.6920.12.83-1.631.85
Net change in cash20.655.8-18.8-20.436.7-42.7
Free cash flow-35.2-38.5-83.1-72.8-25.1-33.2
Interest paid0.250.050.07
Income taxes paid0.020.050.050.0100

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $2.65 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin27.4%Gross profit / revenue.
Operating margin-45.9%Operating income / revenue.
EBITDA margin-44.9%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-44.7%Pre-tax income / revenue.
Net margin-44.7%Net income / revenue.
FCF margin-43.3%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-43.1%Cash from operations / revenue.
Return on equity (ROE)-25.6%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-16.6%Net income / average total assets.
Return on invested capital (ROIC)-41.6%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue26.0%Research and development expense / revenue.
Stock-based pay / revenue2.5%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.1%Capital expenditures / revenue.
D&A / revenue0.9%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-2.5%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-3.8%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y-8.2%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y-27.4%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y-13.8%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y-14.9%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y-18.3%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-19.0%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y-9.0%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-16.3%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y5.8%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y0.1%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y0.1%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y30.6%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio2.29xCurrent assets / current liabilities.
Quick ratio1.27x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.27x(Cash + short-term investments) / current liabilities.
Liabilities / assets39.6%Total liabilities / total assets.
Working capital$99.5MCurrent assets - current liabilities.
Goodwill and intangibles / assets4.6%(Goodwill + intangible assets) / total assets.
Tangible book value$111.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.37xRevenue / average total assets.
Fixed asset turnover77.0xRevenue / average property, plant and equipment.
Days payables104 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.11Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-$0.11Net income per basic share, as reported (split-adjusted).
Revenue per share$0.24Revenue / diluted weighted shares.
FCF per share-$0.10Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.10Cash from operations / diluted weighted shares.
Book value per share$0.37Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.34Tangible book value / shares outstanding.
Cash per share$0.30(Cash + short-term investments) / shares outstanding.
What was Cloopen Group Holding Ltd's revenue in fiscal 2025?

Cloopen Group Holding Ltd reported revenue of $76.6M for fiscal 2025, 2.5% lower than the year before.

Was Cloopen Group Holding Ltd profitable in fiscal 2025?

No. It reported a net loss of $34.2M.

How much free cash flow did Cloopen Group Holding Ltd generate in fiscal 2025?

Cash from operations of $33.0M minus capital expenditures of $113.0K left free cash flow of -$33.2M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

Open interactive statements, quarterly figures and charts

Back to Cloopen Group Holding Ltd