New Risk • Jun 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). High level of non-cash earnings (39% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Profit margins are more than 30% lower than last year (5.3% net profit margin). Market cap is less than US$100m (US$36.9m market cap). Announcement • May 21
Helport AI Limited Approves the Appointment of Dr. Yu Pan as an Independent Director Helport AI Limited announced that its Board of Directors has approved the appointment of Dr. Yu Pan as an independent director of the Company. The Company also announced its intention to establish an AI Governance Committee at the Board level, with Dr. Pan expected to serve as its first Chair upon its establishment. Dr. Pan previously served as Executive Vice President at U.S. Bank and brings extensive experience in enterprise governance, global banking operations, compliance systems, operational risk management, and large-scale regulated technology deployment. Helport AI believes the emergence of its proprietary “AI Labor System” (“AI Labor”), an industrial-scale engine that manufactures and delivers AI workforce capacity, represents a fundamental shift beyond traditional AI chatbot or AI agent applications. The Company notes that enterprise-grade systems such as AI Labor are increasingly becoming part of mission-critical operations across highly regulated industries, including banking, insurance, government services, financial services, and large-scale customer operations. As enterprises begin deploying AI systems capable of replicating expert knowledge, operational workflows, communication processes, and decision-support capabilities, the Company anticipates that governance, auditability, controllability, operational transparency, and compliance will become essential requirements for enterprise-scale AI adoption. Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$1.12, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 28x in the Software industry in the US. Total loss to shareholders of 89% over the past three years. 
