Locaweb Serviços de Internet S A : 4Q21 Earnings Presentation
March 25, 2022 at 11:57 am EDT
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03/25/2022
Results Presentation |
Disclaimer
The statements contained in this document regarding business prospects, projections referring to operating and financial results and those regarding the growth prospects of Locaweb are merely projections and, as such, are based solely on the Company´s Management expectations about the future of the business. These expectations depend substantially on market conditions, the performance of the Brazilian economy, industry and the international markets and are therefore subject to change without notice. All variations herein are calculated based on figures in thousands of reais (unless otherwise stated), as well as rounding them. This performance report includes accounting and non-accounting data such as operating, organic and proforma financial data and projections based on the Company's management expectations. The non-accounting data has not been reviewed by the Company's independent auditors.
Results Presentation | 4Q21
Quarter Highlights
The Net Revenues of the Company posted a stronger growth than the one posted in the third quarter:
• 3Q21 vs 3Q20: +65.7%
• 4Q21 vs 4Q20: +75.4%
Acceleration of the growth of Organic Net Revenues of the Commerce segment, vis-a-vis the third quarter:
• 3Q21 vs 3Q20: +34%
• 4Q21 vs 4Q20: +42%
Despite the reopening of the economy (after the 2Q21), we kept the pace of customer addition in the
Commerce segment in the 3Q and 4Q´s due to higher investments in marketing and product evolution (3Q21 vs 3Q20 and 4Q21 vs 4Q20)
The e-commerce recurrent client base (Tray, Bagy, Dooca and Bling) showed constant growth throughout the year 2021, reaching 123.2 thousand subscriptions
Results Presentation | 4Q21
New subscriber additions to e-commerce
Even with the reopening of the economy after the first six months of 21, we observed a slight growth throughout the year
Store additions
Base 100 in the 1Q20
Results Presentation | 4Q21
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Locaweb Serviços de Internet SA published this content on 23 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 March 2022 15:56:14 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.