Smedio, Inc. Announces Consolidated Earnings Results for the Second Quarter Ended June 30, 2021
July 30, 2021 at 12:30 am EDT
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sMedio, Inc. announced consolidated earnings results for the second quarter ended June 30, 2021. For the quarter, the company reported net sales of JPY 411 million as compared to JPY 482 million a year ago. Operating profit JPY 2 million as compared to JPY 46 million a year ago. Loss attributable to owners of parent was JPY 11 million as compared to profit of JPY 24 million a year ago. Basic loss per share was JPY 5.82 as compared to earnings of JPY 12.70 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.