The rate of progress for the yearly forecast was 23.3% for net sales (22.6% for the same period of the previous year*) and 31.7% for operating income (24.6% for the same period of the previous year), showing steady progress over the previous year.
Net sales
Operating income
Number of corporations
introducing our services
599 million yen
232 million yen
3,555corporations
YoY: +30.8%
YoY: +65.9%
+4.8% from the end of
the previous period
* Progress rate for the same period of the previous year: calculated by dividing the results for 1Q of FY6/21 by the full-year results for FY6/21.
ARR*, a key KPI for the subscription business, was 2,318 million yen. (up 26.8% YoY) Although the increase was moderate from the end of the previous quarter due to seasonal factors, growth has been steady.
ARR trends as of the end of each quarter
(millions of yen)
2,400
2,279
2,318
2,200
2,111
2,000
1,905
1,828
1,800
1,725
1,625
1,600
1,536
1,433
1,400
1,200
1,129
1,185
1,167
1,054
1,000
September
December
March
June
September
December
March
June
September
December
March
June
September
2018
2018
2019
2019
2019
2019
2020
2020
2020
2020
2021
2021
2021
*ARR : Abbreviation for Annual Recurring Revenue, calculated by multiplying each month's MRR
(the sum of the monthly fees for corporations introducing our services as of the end of the targeted month, excluding temporary costs) by 12.
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i3 Systems Inc. published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 08:02:08 UTC.
i Cubed Systems Inc is a Japan-based company mainly engaged in the provision of management services for managing mobile terminals as Software as a Service (SaaS), and the investing activities. The Company operates through two business segments. The CLOMO business segment provides functions for visualizing the usage status of mobile terminals, setting and restricting functions, and security measures as licenses, centered on CLOMO MDM, a mobile device management (MDM) service that centrally manages and operates mobile terminals and mobile personal computers (PCs). The CLOMO business segment also sells licenses for CLOMO SECURED APPs, which are applications for mobile terminals. The main services include CLOMO service and SECURED APPs service. The Investment Business segment is engaged in investment activities through corporate venture capital (CVC) and mergers and acquisitions (M&A). The main investment targets include mobile, SaaS, security and others.
I CUBED SYSTEMS, INC. 
