LICNNasdaqServices-Management Consulting ServicesUS GAAP · USD

Lichen International Ltd

Lichen International Ltd is a United States-incorporated services company with its principal executive office in Xiamen, Fujian Province, China. Based on the limited disclosures provided, it appears to operate as a management consulting services business and is organized with dual-class ordinary shares under a Cayman-style holding company structure.

Liikevaihto0,8milj. USD
Liikevoitto (EBIT)−18,1milj. USD
−297,0 %v/v
EBIT-marginaali−2 233,5%
Nettotulos−22,0milj. USD
−257,7 %v/v
Vapaa kassavirta−17,8milj. USD
−218,3 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−2002040milj. USD2020: 31 milj. USD2020: EBIT 8,8 milj. USD20202021: 34 milj. USD2021: EBIT 11 milj. USD20212022: 34 milj. USD2022: EBIT 11 milj. USD20222023: 40 milj. USD2023: EBIT 12 milj. USD20232024: 0,00 milj. USD2024: EBIT −4,6 milj. USD20242025: 0,81 milj. USD2025: EBIT −18 milj. USD20250,81−18
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Management consulting services70 %

Advisory services for business operations, structure, and management matters.

Corporate governance services15 %

Shareholder meeting administration, charter updates, and related corporate actions.

Business and organizational advisory15 %

Support for company formation, governance, and internal business processes.

Tuotteet

Raportoitu · osuus liikevaihdosta
81,4%12,0%FY2025100 %
  • Financial and Taxation Solution Services81,4 %
  • Software and Maintenance Services12,0 %
  • Education Support Services3,3 %
  • Pre IPO Advisory Services3,3 %

Lähde: 20-F FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The available disclosures do not identify specific end markets, but the business appears oriented toward organizations that need management consulting and corporate support services. Its shareholder and charter-related filings also indicate a public-company governance layer, suggesting a client base that may include business clients requiring advisory support as well as shareholders of the listed holding company.

Business consulting clients

Companies that buy advisory support for management, structure, and operations.

Corporate governance users

Entities or stakeholders needing charter, voting, and meeting administration support.

Public shareholders

Investors who participate in company approvals and capital structure decisions.

Strategia

The disclosed shareholder actions point to a focus on maintaining flexibility in the capital structure and corporate charter. The large authorized share capital increase suggests the company may want capacity for future financings, share issuance, or other corporate actions that support its public-company structure.

Expand authorized share capitalLyhyt aikaväli

Creates room for future equity issuance or corporate transactions.

Update governance documentsLyhyt aikaväli

Aligns articles of association with the company’s operating and listing framework.

Maantiede

The company’s principal executive office is in Xiamen, Fujian Province, China, while it is incorporated and publicly registered in the United States. The reports provided do not disclose a geographic revenue split, so the operating footprint cannot be mapped precisely from the excerpts. The business therefore appears to have a cross-border structure with U.S. listing and China-based administration.

Riskit

The main risks visible from the filings are governance and capital-structure risk, given the substantial share-capital amendment and dual-class share setup. More broadly, a management consulting business depends on client relationships and the ability to sustain demand, while the cross-border U.S./China structure can add regulatory and operational complexity.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Share dilution risk1Governance concentration2Client concentration and demand risk3Cross-border regulatory risk4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Share dilution riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A much larger authorized share base can support future issuance and reduce per-share ownership.

    Kohdistuu: Existing shareholders

  2. Governance concentrationVaikutus: KeskitasoTodennäköisyys: Korkea

    Class B shares carry higher voting power, concentrating control among insiders or founders.

    Kohdistuu: Voting rights

  3. Client concentration and demand riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Management consulting revenues typically depend on repeat client work and discretionary spending.

    Kohdistuu: Consulting services

  4. Cross-border regulatory riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    U.S. listing, Cayman-style governance, and China-based administration can create legal and disclosure complexity.

    Kohdistuu: Corporate governance

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition for consulting services

Advisory revenue often depends on contract terms, milestones, and completion judgments.

Vaikutus: Could affect timing of reported revenue and receivables.

Share capital accounting

Authorized share increases may precede future issuances or recapitalizations.

Vaikutus: Affects diluted share count and per-share metrics.

Dual-class equity presentation

Different share classes carry different voting rights but usually the same economic claim.

Vaikutus: Impacts governance analysis rather than revenue or expense recognition.

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

Lichen International Ltd (LICN) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo