Youxin Technology’s Celnet Acquisition Yields $2.8M Revenue, $0.3M Net Income
Celnet generated $2.8 million revenue and $0.3 million net income in fiscal 2025, reversing a $0.2 million loss and achieving EPS of $0.03. Youxin Technology holds 51% of Celnet and will integrate its CRM and systems-integration expertise to enhance its SaaS and PaaS offerings.
1. Acquisition Details
On October 29, 2025, Youxin Technology completed its acquisition of Celnet Technology Co., Ltd., acquiring a 51% equity interest in one of China’s largest Salesforce consulting partners and information integration providers.
2. Celnet Fiscal 2025 Results
In the year ended September 30, 2025, Celnet recorded $2.8 million in revenues (up from $2.1 million), gross profit of $1.2 million (versus $0.8 million), net income of $0.3 million compared to a $0.2 million loss in 2024, and basic and diluted EPS of $0.03.
3. Strategic Synergies
Celnet’s expertise in CRM implementation, systems integration and customer engagement complements Youxin’s existing SaaS and PaaS suite, broadening enterprise customer reach and enabling more comprehensive, scalable digital transformation solutions.
4. Pro Forma Combined Statements
Unaudited pro forma condensed combined financials as of September 30, 2025, prepared under Regulation S-X Article 11, present hypothetical combined results had the acquisition occurred on October 1, 2024, for informational purposes only.