I3 Systems,Inc. Announces Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2022
May 10, 2022 at 03:00 am EDT
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i3 Systems,Inc. announced consolidated earnings guidance for the fiscal year ending June 30, 2022. For the year, the company expected Net sales to be JPY 2,569 Million, Operating profit to be JPY 732 Million, Profit attributable to owners of parent to be JPY 469 Million and Basic earnings per share to be JPY 89.60.
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.