Locaweb Serviços de Internet S A : 2Q22 Earnings Presentation
August 12, 2022 at 03:19 am IST
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Results Presentation
2Q22
August 12th, 2022
Disclaimer
The statements contained in this document related to business prospects, projections on operating and financial results and those related to Locaweb's growth perspectives are merely projections and, as such, are based exclusively on the expectations of the Board about the future of the business. These expectations depend materially on market conditions, the performance of the Brazilian economy, the sector and international markets and, therefore, are subject to changes without notice. All variations presented here are calculated based on numbers in thousands of reais (unless otherwise stated), as well as rounding. This performance report includes accounting and non-accounting data such as operational, organic and pro forma financial data and projections based on the expectations of the Company's Management. The non-accounting data have not been reviewed by the Company's independent auditors.
Highlights
Fernando Cirne
CEO
Quarter Highlights
2Q22 Results aligned with the Company's budget plan
Recurring e-commerce customer base (Tray, Bagy, Dooca, and Bling) showed consistent growth in 2Q22 and reached 143.4 thousand subscriptions
We kept up the pace of adding customers to the Commerce segment for the 4th consecutive quarter
Net Revenue showed growth of 53.3% in 2Q22 vs 2Q21 and of 13.6% vs 1Q22
Commerce segment already accounts for 61.5% of the Group's Net Revenue
Organic Commerce recording a growth in Net Revenue:
2Q21 vs 2Q22: +45%
1Q21 vs 1Q22: +44%
4Q21 vs 4Q20: +42%
Maintenance of organic EBITA margins for four consecutive quarters
Evolution of EBITDA margin of the acquired companies compared to 4Q21 and 1Q22
The ecosystem generated R$ 12 billion in GMV
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Results Presentation
2Q22
E-commerce subscribers
Thousand
+39%
Consistent Evolution of the e-commerce paying subscriber base
70.9
49.7 58.2
93.9
80.4
114.1
102.9
134.7
123.2
143.4
1Q20
2Q20
3Q20
4Q20
1Q21
2Q21
3Q21
4Q21
1Q22
2Q22
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Results Presentation
2Q22
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Locaweb Serviços de Internet SA published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 21:48:06 UTC.
Locaweb Servicos de Internet SA is a Brazil-based provider of Business-to-Business (B2B) technology solutions. The Companyâs activities are divided into two operating segments: Be Online/SaaS and Commerce. Be Online/SaaS division offers services of hosting, hosting reseller, domain registration, cloud computing and dedicated servers, as well as solutions related to email accounts, email marketing campaigns and Internet Protocol (IP) communication, through brands Locaweb, Locaweb Corp, All iN, KingHost, Cluster2Go and Delivery Direto. Commerce division is engaged in facilitating online retail operations, providing e-commerce platforms and payment solutions, through brands Tray, Tray Corp and Yapay. The Company owns several subsidiaries, such as ITCapital Servicos Tecnologia Ltda, Ananke Participacoes SA and LwK Hosting Participacoes Ltda.