Lancers, Inc. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2021
August 12, 2021 at 02:00 am EDT
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Lancers, Inc. reports consolidated earnings results for the first quarter ended June 30, 2021. For the quarter, on consolidated basis, Net sales were JPY 971 million against JPY 867 million reported a year ago. Operating loss were JPY 41 million against JPY 16 million reported a year ago. Loss attributable to owners of parent were JPY 106 million against profit of JPY 1 million reported a year ago. Loss per share was JPY 6.83 against earnings of JPY 0.07 reported a year ago.
LANCERS,INC. is a Japan-based company mainly engaged in the platform business. The Company is engaged in the operation of a freelance platform Lancers that matches freelances and companies online. The Company is engaged in the provision of services in online stuffing platform area and crowdsourcing area. The online stuffing platform is a service in which clients can request work from specific lancers either directly or through agents and directors. The main work includes work with a high unit price such as system development and operation, design and creative production, article creation and others. The Company develops and provides directly order to freelancers services and selected freelancers introduction services in the area. The crowdsourcing is a service that requests work from an unspecified number of lancers and orders work based on deliverables. The main work includes work with relatively low unit costs such as data entry, article creation, logo design and others.