Giftee Inc. Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2019
November 13, 2019
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giftee Inc. reported consolidated earnings results for the nine months ended September 30, 2019. For the period, the company reported net sales of JPY 1,323 million. Operating profit was JPY 432 million, profit was JPY 284.841 million, net income per share was JPY 11.84. Diluted net income per share was JPY 10.51.
The company provided consolidated earnings guidance for the full year ending December 31, 2019. The company expects net sales of JPY 1,774 million, operating profit of JPY 538 million, profit attributable to shareholders of the parent company of JPY 358 million or JPY 14.79 per basic share.
giftee Inc. is a Japan-based company principally engaged in the planning, development and operation of e-gift services for individuals, corporations and local governments. The main services include giftee service, giftee for Business service, eGift System service, and local currency service Welcome! STAMP. The giftee service allows an individual user to select an e-gift on the giftee application or a Website browser, purchase it by credit card or carrier payment and send it to those who receive it via social networking service (SNS). The giftee for Business can be used when a corporation gives a gift to its users through a campaign. The eGift System service allows corporations such as restaurants and retail stores to generate, distribute, sell, settle, and manage results for e-gifts. The Company also receives system usage fees from local currency issuers who have introduced the Welcome! STAMP local currency service.
Giftee Inc. Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2019