Cloudbased Contact Center was Cloopen Group Holding’s largest product and service line in fiscal 2023, bringing in $256.96M of $571.02M (45%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|
| Covering Communications Platform As Service Text Messaging | $244.45M | — | $136.65M | ||
| - Text Messaging | — | — | — | ||
| Cloudbased Contact Center | $227.55M | — | $256.96M | ||
| Cloudbased Cc | — | — | — | ||
| Cloudbased Unified Communications & Collaboration | $107.38M | — | $117.55M | ||
| Cloudbased Ucc | — | — | — | ||
| Covering Communications Platform As Service Voice Calls | $81.57M | $25.95M | $25.96M | ||
| - Voice Calls | — | — | — | ||
| Covering Communications Platform As Service Others | $59.42M | $46.80M | $32.80M | ||
| - Others | — | — | — | ||
| Covering Communications Platform As Service | $50.00M | $14.00M | — | ||
| Service, Other | $3.09M | — | $1.10M | ||
| Other Services | — | — | — | ||
| Total | $773.45M | $86.75M | $571.02M |
Cloopen Group Holding brought in $571.02M from its six product and service lines in fiscal 2023, the year ended December 31, 2023. Cloopen Group Holding regrouped these lines after fiscal 2022, so the total does not compare directly with that year's $86.75M. Cloudbased Contact Center was the largest at $256.96M (45.0%), ahead of Covering Communications Platform As Service Text Messaging at $136.65M (23.9%) and Cloudbased Unified Communications & Collaboration at $117.55M (20.6%). The other three lines brought in $59.86M combined.
Compared with fiscal 2022, Covering Communications Platform As Service Voice Calls grew 0.0% to $25.96M, while Covering Communications Platform As Service Others fell 29.9% to $32.80M.
Cloopen Group Holding stopped reporting Covering Communications Platform As Service as a separate line after fiscal 2022, when it brought in $14.00M.
As Previously Reported was Cloopen Group Holding’s largest revenue line in fiscal 2019, bringing in $650.28M of $592.80M (110%).
| Revision of Prior Period | FY 2019 |
|---|---|
| As Previously Reported | $650.28M |
| Restatement Adjustments | -$57.48M |
| Total | $592.80M |
Cloopen Group Holding brought in $592.80M from its two revenue lines in fiscal 2019, the year ended December 31, 2019. As Previously Reported was the largest at $650.28M (109.7%).
The total is net of Restatement Adjustments, which took $57.48M off revenue in fiscal 2019.
China was Cloopen Group Holding’s largest region in fiscal 2023, bringing in $539.87M of $571.02M (95%).
| Geography | FY 2018 | FY 2019 | FY 2023 |
|---|---|---|---|
| China | $539.87M | ||
| The Prc | — | ||
| Japan | $31.16M | ||
| Total | $571.02M |
Cloopen Group Holding brought in $571.02M from its two regions in fiscal 2023, the year ended December 31, 2023. China was the largest at $539.87M (94.5%), ahead of Japan at $31.16M (5.5%).
Cloopen Group Holding (RAASY) reports its revenue by product and service, by revision of prior period and by geography. In fiscal 2023, Cloudbased Contact Center was its largest product and service line, bringing in $256.96M (45.0% of the total), followed by Covering Communications Platform As Service Text Messaging at $136.65M (23.9%).
Cloudbased Contact Center was Cloopen Group Holding's largest product and service line in fiscal 2023, bringing in $256.96M, or 45.0% of the $571.02M total across its six product and service lines.
As Previously Reported was Cloopen Group Holding's largest revenue line in fiscal 2019, bringing in $650.28M, or 109.7% of the $592.80M total across its two revenue lines.
China was Cloopen Group Holding's largest region in fiscal 2023, bringing in $539.87M, or 94.5% of the $571.02M total across its two regions.
Every figure comes from Cloopen Group Holding's annual financial filings, as reported. Each line keeps the name Cloopen Group Holding gives it, and years follow its fiscal calendar.
Cloopen Group Holding's revenue by product and service goes back to fiscal 2018, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.