Progress towards the full-year net sales forecast was a satisfactory 46.9% (46.1% in the same period of the previous year(1)), despite some customers postponing commencement of contracts due to the semiconductor shortage causing delays in the procurement of mobile devices
Net sales
Operating income
Number of corporations
introducing our services
1,205millionyen
453 million yen
3,688corporations
YoY: +28.7%
YoY: +76.3%
+8.8% from the end
of the previous period
1. Progress in the same period of the previous year was calculated by dividing actual net sales for the six months ended December 31, 2020 by actual net sales for the fiscal year ended June 30, 2021.
ARR(1), which is the main KPI used for the subscription business, was 2,375 million yen (up
24.7% YoY).
ARR trends as of the end of each quarter
(millions of yen)
2,600
2,375
2,400
2,279
2,318
2,200
2,111
2,000
1,828
1,905
1,800
1,725
1,536
1,625
1,600
1,433
1,400
1,200
1,129
1,185
1,167
1,054
1,000
September December
March
June
September December
March
June
September December
March
June
September December
2018
2018
2019
2019
2019
2019
2020
2020
2020
2020
2021
2021
2021
2021
1. ARR: Annual Recurring Revenue. Calculated by multiplying the MRR for each month by 12, where MRR is the the sum of the monthly fees for corporations deploying our services as of the end of the targeted month, excluding temporary costs.
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i3 Systems Inc. published this content on 08 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 February 2022 07:31:13 UTC.
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.
I CUBED SYSTEMS, INC. 