Smedio, Inc. Announces Consolidated Earnings Results for the Year Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2019 and for the Period Ending June 30, 2019
February 13, 2019 at 11:00 am IST
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sMedio, Inc. announced consolidated earnings results for the year ended December 31, 2018. For the year, the company reported net sales of JPY 985 million compared to JPY 1,056 million a year ago. Operating loss was JPY 107 million compared to JPY 60 million a year ago. Loss attributable to owners of parent was JPY 110 million as compared to JPY 141 million ayera go. Basic loss per share was JPY 57.92 compared to JPY 71.21 a year ago.
The company provided consolidated earnings guidance for the year ending December 31, 2019. For the year, the company expects net sales of JPY 1,063 million, operating loss of JPY 35 million and loss attributable to owners of parent of JPY 52 million or JPY 27.73 per basic share.
The company provided consolidated earnings guidance for the period ending June 30, 2019. For the year, the company expects net sales of JPY 507 million, operating loss of JPY 66 million and loss attributable to owners of parent of JPY 72 million or JPY 37.81 per basic share.
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 Year Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2019 and for the Period Ending June 30, 2019