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1 Comment
iRidge, Inc is currently in a long term downtrend where the price is trading 25.8% below its 200 day moving average.
From a valuation standpoint, the stock is 60.7% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.3.
iRidge, Inc's total revenue sank by 26.6% to $1B since the same quarter in the previous year.
Its net income has dropped by 283.7% to $-16M since the same quarter in the previous year.
Based on the above factors, iRidge, Inc gets an overall score of 1/5.
| Exchange | TSE |
|---|---|
| CurrencyCode | JPY |
| ISIN | JP3105190007 |
| Sector | Technology |
| Industry | Software - Application |
| PE Ratio | 254.64 |
|---|---|
| Target Price | None |
| Beta | 0.27 |
| Market Cap | 4B |
| Dividend Yield | None |
iRidge, Inc. engages in the application, business production, and fintech businesses in Japan. The company plans, develops, and supports the operation of smartphone applications; provides end-to-end support from formulating business strategies and digital transformation strategies to service development; and plans, develops, and operates the digital local currency platform MoneyEasy. It also provides APPBOX, an app business platform that is premised on linking with external systems and various third-party tools; APPBOX partner program; and app planning/RFP support services. In addition, the company offers LINE mini app development, including scratch and Kit-Curu; app marketing tools, such as FANSHIP; and assignment management solution comprising Co-Assign. Further, it provides consulting services, including app growth support, ASO support, UX research, and business production support services; and other solutions comprising DX and GX solutions. The company was incorporated in 2008 and is based in Minato, Japan.
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