Lancers, Inc. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2020
February 10, 2021 at 01:00 pm IST
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Lancers, Inc. announced consolidated earnings results for the nine months ended December 31, 2020. For the period, net sales were JPY 2,787 million against JPY 2,443 million a year ago. Operating loss was JPY 14 million against JPY 170 million a year ago. Loss attributable to owners of parent was JPY 10 million against JPY 204 a year ago. Loss per share was JPY 0.66 against JPY 17.45 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.