I Cubed Systems, Inc. Reports Earnings Results for the Nine Months Ended March 31, 2023
May 11, 2023 at 03:00 am
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i Cubed Systems, Inc. reported earnings results for the nine months ended March 31, 2023. For the nine months, the company reported sales was JPY 1,986 million. Net income was JPY 332 million.
Basic earnings per share from continuing operations was JPY 62.98. Diluted earnings per share from continuing operations was JPY 62.22.
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.