(SeaPRwire) – XIAMEN, China, April 28, 2026 — Lichen International Limited (Nasdaq: LICN) (referred to as “Lichen International” or “the Company”), a specialized financial and taxation service provider in China, today released its financial results for the fiscal year ending December 31, 2025.
For the year ended December 31, 2025, revenue decreased by approximately $19.96 million, or 40.89%, to around $24.52 million, compared to approximately $41.48 million in the fiscal year ended December 31, 2024. This decline was primarily driven by intense price competition from an increasing number of consulting service providers that transitioned from bookkeeping agencies.
Net loss rose by about $15.67 million, or 256.00%, to approximately $21.79 million for the year ended December 31, 2025, up from the roughly $6.12 million net loss in the year ended December 31, 2024.
Mr. Ya Li, Chairman of Lichen International, stated: “Over the past two years, we have faced an increasingly fierce market competition landscape: a large number of traditional small-scale financial consulting firms focused on bookkeeping have entered the market with low-price strategies, directly leading to the continuous deterioration of the industry’s competitive environment. Meanwhile, amid the macroeconomic downturn, customers’ payment capacity and willingness have both weakened significantly, further contributing to a drop in the Company’s average customer price.
To proactively respond to market environment changes and break through development bottlenecks, we have been continuously strengthening brand promotion and investing heavily in advertising expenses to boost the popularity of the “Lichen” brand. Additionally, in August 2025, we strategically terminated our education support service operations — shifting our original “education + consulting” business model to a new “service + resources + capital” framework. For emerging industries and high-quality enterprises, the Company no longer limits itself to consulting services; instead, it integrates resources and provides targeted empowerment. We help enterprises achieve rapid growth by offering diversified services such as professional consulting, resource connection, and strategic investment. We are actively expanding Pre-IPO advisory services: we assist listed companies in acquiring high-quality assets and optimizing their business structures, and support potential IPO projects to develop in a standardized manner, ultimately securing reasonable returns through our investment layout.
The Company’s core advantages lie in accurately gaining insight into enterprise fundamentals through in-depth services, precisely analyzing their investment value, and realizing efficient linkage between services and investment.
Over the past two years, the Company has continuously increased investment and deepened R&D in the artificial intelligence (AI) field. We have deeply integrated AI technology with our profound understanding of enterprise needs and industry knowledge, kept pace with industry technological trends, and consistently applied cutting-edge AI technologies like Deekseek and OpenClaw. We are developing several practical tools, including a financial and tax diagnosis system, an enterprise valuation system, and an entrepreneur decision support system. We firmly believe that through continuous in-depth cultivation and investment in the AI field, we will achieve breakthroughs in revenue growth and new customer acquisition, and further consolidate our industry competitiveness.”
About Lichen International Limited
Under the “Lichen” brand, Lichen International Limited focuses on providing four key services in the PRC: (i) financial and taxation solution services; (ii) education support services; (iii) software and maintenance services; and (iv) Pre-IPO advisory services. With over 20 years of expertise and experience in the financial and taxation solution services industry, the Company has built a reputation as a dedicated provider of professional, high-quality financial and taxation services in China. For more information, please visit the Company’s website: https://ir.lichenzx.com/.
Forward-Looking Statements
Certain statements in this announcement are forward-looking. These statements involve known and unknown risks and uncertainties, and are based on the Company’s current expectations and projections about future events and financial trends that it believes may affect its financial condition, operational results, business strategy, and financial needs. Investors can identify these forward-looking statements by terms such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent events, circumstances, or changes in expectations, except as required by law. While the Company believes the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee they will be realized. The Company cautions investors that actual results may differ materially from anticipated outcomes and encourages them to review other factors affecting future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
Tian Sun
Phone: +86-592-5586999
Email: ir@lichenzx.com
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