Giftee Inc. Reports Consolidated Earnings Results for the Year Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2020
February 13, 2020
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giftee Inc. reported consolidated earnings results for the year ended December 31, 2019. For the year, the company reported net sales of JPY 1,767 million against JPY 1,121 million a year ago. Operating profit was JPY 538 million against JPY 285 million a year ago. Profit attributable to owners of parent was JPY 384 million against JPY 198 million a year ago. Net income per share was JPY 15.75 against JPY 8.81 a year ago. Diluted earnings per share was JPY 14.04.
For the year ending December 31, 2020, the company expects consolidated net sales of JPY 2,583 million, operating profit JPY 1,041 million, profit attributable to owners of parent JPY 722 million and basic earnings per share of JPY 29.59.
giftee Inc. is a Japan-based company principally engaged in the planning, development and operation of e-gift services for individuals, corporations and local governments. The main services include giftee service, giftee for Business service, eGift System service, and local currency service Welcome! STAMP. The giftee service allows an individual user to select an e-gift on the giftee application or a Website browser, purchase it by credit card or carrier payment and send it to those who receive it via social networking service (SNS). The giftee for Business can be used when a corporation gives a gift to its users through a campaign. The eGift System service allows corporations such as restaurants and retail stores to generate, distribute, sell, settle, and manage results for e-gifts. The Company also receives system usage fees from local currency issuers who have introduced the Welcome! STAMP local currency service.
Giftee Inc. Reports Consolidated Earnings Results for the Year Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2020
GIFTEE INC. 
