Geniee, Inc. Reports Consolidated Earnings Results for the First Quarter of Fiscal Year Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
August 27, 2019 at 12:30 am EDT
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Geniee, Inc. reported consolidated earnings results for the first quarter of fiscal year ended June 30, 2019. For the quarter, the company reported net sales of JPY 3,393 million against JPY 4,023 million a year ago. The operating loss was JPY 162 million against operating income of JPY 2 million a year ago. The ordinary loss was JPY 169 million against JPY 4 million a year ago. The loss attributable to owners of parent was JPY 151 million against profit of JPY 11 million a year ago. The net loss per share was JPY 8.46 against net income per share of JPY 0.68 a year ago. The diluted income per share was JPY 0 against JPY 0.66 a year ago.
For the year, the company expects net sales of JPY 15,572 million, operating income of JPY 23 million, ordinary income of JPY 7 million, loss attributable to owners of parent of JPY 39 million and the net loss per share of JPY 2.20.
Geniee, Inc. is a Japan-based company mainly engaged in the advertising technology businesses. The Company mainly provides three kinds of services. The advertising platform service provides GenieeSSP, a platform that provides services for Internet media operators, and GenieeDSP, a platform that provides services for advertisers and advertising network operators. The marketing automation service is engaged in the provision of MAJIN, a marketing automation platform, the provision of Chikyu, a cloud-type customer management and sales management system. The overseas service is engaged in the advertising platform business focused on GenieeSSP. The Company mainly provides services to local companies in Singapore, Vietnam, Indonesia, Thailand and India.
Geniee, Inc. Reports Consolidated Earnings Results for the First Quarter of Fiscal Year Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020