TOKYO, May 14 (Pulse News Wire) – Greenbee,inc. (3913.T) reported robust performance for its fiscal first quarter ending December 2026, achieving revenues of ¥153 million, marking a significant milestone since Q1 2017.
Operating profit reached ¥57 million, while net income was ¥54 million, reflecting a continued trend of profitability across six consecutive quarters. The company's DX services division saw substantial growth driven by the successful sales of its cloud backup service, "GreenBee Cloud Backup," which contributed significantly to overall revenue expansion. Despite challenges in the technology licensing sector due to reduced shipments of high-margin products, the company remains focused on transitioning its portfolio towards more profitable offerings.
In terms of assets, cash reserves decreased by ¥623 million primarily due to investments in system battery facilities and acquisitions of treasury shares. Long-term borrowings increased by ¥319 million to fund the acquisition of a new storage facility, indicating strategic investment in long-term infrastructure development. GreenBee continues to highlight its progress in KPIs related to its cloud backup subscription service, exceeding targets for monthly recurring revenue and subscriber growth during the quarter.
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