Second Quarter of Fiscal Year ending June 30, 2022
Supplementary Material on Financial Statements
February 8, 2022
i3 Systems, Inc.
TSE Mothers：4495
3
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Table of Contents | ||
1. Summary | P.02 | |
2. | Business Summary | P.06 |
3. | Business Highlights | P.12 |
4. Financial Results for 2nd Quarter of
P.19
2. Fiscal Year ending June 30, 2022
5. Reference Materials | P.28 |
3 | 1 |
Copyright©2022 i3Systems, Inc. All Rights Reserved. |
1. Summary
3 | 2 |
Copyright©2022 i3Systems, Inc. All Rights Reserved. |
Summary of 2Q of FY6/22
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.
3 | 3 |
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Trend of ARR
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.
3 | 4 |
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