Upay, Inc. Reports Earnings Results for the First Quarter Ended May 31, 2021
September 08, 2021 at 08:25 pm IST
Share
UPAY, Inc. announced earnings results for the first quarter ended May 31, 2021. For the first quarter, the company announced sales was USD 335,189 compared to USD 248,632 a year ago. Net loss was USD 325,971 compared to USD 42,113 a year ago. Basic loss per share from continuing operations was USD 0.01.
UPAY, Inc. is a software development company. It provides a cloud-based loan origination software system that is compliant with all applicable legislation and enables its customers to grant loans, sell products, pay bills or pay monthly subscriptions on terms, all within its software system. Its software platform features integrated third-party service providers, such as registered payment gateways, credit bureaus, two-way texting, credit protection insurance and decision-making platforms. Its products include Loan Origination System, Theme Studio Business Online, Credit Inquiries, and Credit Protection and Life Insurance, among others. The Loan Origination System provides Automated Credit Provider Administration System, a software system that leases on a monthly basis to customers to manage businesses, clients and processes. Theme Studio Business Online provides customized websites with ACPAS system to customers. It also specializes in providing anti-money laundering solutions.
UPAY, INC. 
