08/11/2022

Sinqia (SQIA3) releases its 2Q22 results

Sinqia announces its consolidated results for the second quarter of 2022 ("2Q22").

Highlights

Software ARR

Record of R$482.1 million in 2Q22 (+76.7% vs. 2Q21)

Number of Customers

Record of 732 customers at the end of 2Q22 (+235 vs. 2Q21)

Net Revenues

Record of R$151.8 million in 2Q22 (+72.9% vs. 2Q21)

The run rate of R$607.3 million

Recurring Revenues

Record of R$126.7 million in 2Q22 (+54.1% vs. 2Q21)

The run rate of R$506.8 million

Adjusted EBITDA

Record of R$39.1 million (+98.3% vs. 2Q21)

The run rate of R$156.3 million

Adjusted EBITDA Margin

25.7% (+3.3 p.p. vs. 2Q21)

ACCESS THE RESULTS

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Disclaimer

Sinqia SA published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 01:58:04 UTC.