SMedio, Inc. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2021
April 30, 2021 at 03:15 am EDT
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sMedio, Inc. announced consolidated earnings results for the first quarter ended March 31, 2021. For the quarter, the company reported net sales of JPY 215 million as compared to JPY 266 million a year ago. Operating profit JPY 2 million as compared to JPY 37 million a year ago. Ordinary profit was JPY 4 million as compared to JPY 38 million a year ago. Loss attributable to owners of parent was JPY 3 million as compared to profit of JPY 22 million a year ago. Basic loss per share was JPY 2.06 as compared to earnings of JPY 11.52 a year ago.
GreenBee Inc, formerly sMedio Inc, is a Japan-based company mainly engaged in software-related business. The Software business segment is engaged in personal computer/digital home appliance integration, artificial intelligence (AI) video analysis, security & privacy software, and Internet of Things (IoT) solution businesses. The personal computer/digital home appliance integration business integrates video (4K/8K), audio playback, and browser display software into customer products. The AI video analysis business provides video analysis services using AI to customers in the construction industry. The security & privacy software business develops contracted software and produces data migration and backup applications for customers in the telecommunications industry. The IoT solution business combines sensors and gateway devices to provide services such as data management in the cloud.