Earlyworks Co., Ltd.

• Earlyworks Co., Ltd.
• Technology

ELWS

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Pre-IPO Investors

Deal Highlights

We are a blockchain-based technology company incorporated in Japan. We build products, deliver services, and develop solutions based on our proprietary Grid Ledger System (“GLS”) to leverage blockchain technology in various business settings, including advertisement tracking, online visitor management, and sales of non-fungible tokens. Our customers represent a diverse range of industries, such as information technology, shipping, real estate, entertainment, cosmetics, and chemical products. We primarily generate revenue from our software and system development services and consulting and solution services.

For the fiscal years ended April 30, 2022 and 2021, we had total revenue of approximately JPY463.7 million (US$3.6 million) and JPY216.2 million, respectively. For the same fiscal years, revenue generated from our software and system development services accounted for approximately 50.6% and 44.1% of our total revenue, respectively, and revenue generated from our consulting and solution services accounted for approximately 49.4% and 55.9% of our total revenue, respectively. For the same fiscal years, we had net loss of approximately JPY602.5 million (US$4.6 million) and JPY70.5 million, respectively. Our mission is to optimize business operations with our creative ideas and blockchain technology. We believe in a data centric future where blockchain technology will be indispensable and widely used, due to its efficiency, security, and reliability.
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We are a blockchain-based technology company incorporated in Japan. We build products, deliver services, and develop solutions based on our proprietary Grid Ledger System (“GLS”) to leverage blockchain technology in various business settings, including advertisement tracking, online visitor management, and sales of non-fungible tokens. Our customers represent a diverse range of industries, such as information technology, shipping, real estate, entertainment, cosmetics, an More

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