First Quarter of Fiscal Year ending June 30, 2022
Supplementary Material on Financial Statements
November 9, 2021
i3 Systems, Inc.
TSE Mothers：4495
3
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Table of Contents
1. Summary | P.02 |
2. Financial Results for 1st Quarter of
P.06
2. Fiscal Year ending June 30, 2022
3. Reference Materials | P.13 |
3 | 1 |
Copyright©2021 i3Systems, Inc. All Rights Reserved. |
1. Summary
3 | 2 |
Copyright©2021 i3Systems, Inc. All Rights Reserved. |
Summary of 1Q of FY6/22
The rate of progress for the yearly forecast was 23.3% for net sales (22.6% for the same period of the previous year*) and 31.7% for operating income (24.6% for the same period of the previous year), showing steady progress over the previous year.
Net sales | Operating income | Number of corporations | ||
introducing our services | ||||
599 million yen | 232 million yen | 3,555corporations | |
YoY: +30.8% | YoY: +65.9% | +4.8% from the end of | |
the previous period | |||
* Progress rate for the same period of the previous year: calculated by dividing the results for 1Q of FY6/21 by the full-year results for FY6/21.
3 | 3 |
Copyright©2021 i3Systems, Inc. All Rights Reserved. |
Trend of ARR
ARR*, a key KPI for the subscription business, was 2,318 million yen. (up 26.8% YoY) Although the increase was moderate from the end of the previous quarter due to seasonal factors, growth has been steady.
ARR trends as of the end of each quarter
(millions of yen)
2,400 | 2,279 | 2,318 | ||||||||||
2,200 | 2,111 | |||||||||||
2,000 | 1,905 | |||||||||||
1,828 | ||||||||||||
1,800 | 1,725 | |||||||||||
1,625 | ||||||||||||
1,600 | 1,536 | |||||||||||
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 |
2018 | 2018 | 2019 | 2019 | 2019 | 2019 | 2020 | 2020 | 2020 | 2020 | 2021 | 2021 | 2021 |
*ARR : Abbreviation for Annual Recurring Revenue, calculated by multiplying each month's MRR
(the sum of the monthly fees for corporations introducing our services as of the end of the targeted month, excluding temporary costs) by 12.
3 | 4 |
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