Upay, Inc. Reports Earnings Results for the Full Year Ended February 28, 2021
June 24, 2021 at 01:44 am IST
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UPAY, Inc. announced earnings results for the full year ended February 28, 2021. For the full year, the company announced sales was USD 1.110 million compared to USD 1.371 million a year ago. Net loss was USD 179,543 compared to USD 20,702 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. 
