I3 Systems, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 30, 2023
November 09, 2022 at 12:30 pm IST
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i3 Systems, Inc. provided Consolidated earnings guidance for the fiscal year ending June 30, 2023. For the period, the company expects net sales of JPY 2,734 million, operating profit of JPY 657 million, profit attributable to owners of parent of JPY 452 million and basic earnings per share of JPY 85.76.
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.