Smedio, Inc. Announces Consolidated Earnings Results for the Fiscal Year 2019; Provides Earnings Guidance for the Half Year Ending June 2020 and Year Ending December 2020
February 07, 2020 at 10:45 am IST
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sMedio, Inc. announced consolidated earnings results for the fiscal year 2019. For the year, the company reported net sales of JPY 862 million compared to JPY 985 million a year ago. Operating loss was JPY 61 million compared to JPY 107 million a year ago. Loss attributable to owners of parent was JPY 84 million compared with JPY 110 million a year ago. Basic loss per share was JPY 43.94 compared to JPY 57.92 a year ago.
The company provided consolidated earnings guidance for the year ending December 2020. For the year, the company expects net sales of JPY 1,008 million, operating profit of JPY 26 million and profit attributable to owners of parent of JPY 11 million.
The company provided consolidated earnings guidance for the half year ending June 2020. For the year, the company expects net sales of JPY 502 million. Loss attributable to owners of parent of JPY 4 million.
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.
Smedio, Inc. Announces Consolidated Earnings Results for the Fiscal Year 2019; Provides Earnings Guidance for the Half Year Ending June 2020 and Year Ending December 2020