CROOZ, Inc. Announces Consolidated Earnings Results for the Fourth Quarter and Full Year of 2018
May 10, 2018
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CROOZ, Inc. announced consolidated earnings results for the fourth quarter and full year of 2018. For the quarter the company reported sales of JPY 6,272 million compared to JPY 5,111 million a year ago. Operating loss was JPY 51 million compared to income of JPY 248 million a year ago. EBITDA was JPY 58 million compared to JPY 327 million a year ago.
For the year, the company reported sales of JPY 25,486 million compared to JPY 28,500 million a year ago. Operating income was JPY 725 million compared to JPY 2,105 million a year ago. EBITDA was JPY 1,121 million compared to JPY 2,913 million a year ago.
CROOZ,Inc. is a Japan-based company mainly engaged in the provision of services through the Internet. The Company operates in three business segments, including the Internet Content segment, the Internet Commerce segment and the Internet Solution segment. The Company mainly involves in the provision of social games, as well as the blog sites and Internet mail order sites for women. Through the provision of social game named Mobage, the Company obtains usage fees from the users via social game platform companies. It also involves in the provision of charging contents to communication carriers, as well as the provision of licensed contents.