Valid Soluções S.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
March 18, 2021
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Valid Soluções S.A. announced earnings results for the fourth quarter ended December 31, 2020. For the year, the company announced sales was BRL 1,939.1 million compared to BRL 2,008 million a year ago. Net loss was BRL 202.4 million compared to net income of BRL 54.3 million a year ago. For the quarter, sales was BRL 538.7 million compared to BRL 548.8 million a year ago. Net loss was BRL 54 million compared to net income of BRL 2.6 million a year ago.
Valid Solucoes SA, formerly Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA, is a Brazil-based company primarily engaged in the provision of printed services. The Company's activities are divided into four business segments: Means of payment, Identification, Telecommunications and Digital certification. The Means of payment division produces cards, which are used on a daily basis for payments, identification, gift cards, vouchers and tickets, among others. The Identification division offers physical and electronic solutions, such as capture, storage and data management, security printing, as well as recognition and digital printing. The Telecommunications division provides instant lottery tickets, prepaid cards and public transportation tickets, among others. The Digital certification division offers technology and support services for government-certified digital certificates.
VALID SOLUÇÕES S.A. 
